216 Broadway St, Newport, TN 37821
This exceptional 2,040 square foot commercial space, located at 216 W Broadway St in Newport, Tennessee (zip code 37821), presents a fantastic opportunity for businesses seeking high visibility and strong foot traffic. Built in 1970, this single-tenant space is situated within a thriving shopping center, boasting prominent neighbors such as Dollar General, Price Less Foods, and Ace Hardware, ensuring a consistent flow of potential customers. The property offers excellent signage opportunities and storefront exposure, maximizing your business's presence. Ample parking is available for both employees and customers, ensuring convenient access. The space is ideal for a variety of uses, including retail, traditional office, or service-oriented businesses. The monthly rent is $2,000. The property is a single-story building and is categorized as a traditional office space. Well-maintained common areas and facilities add to the overall appeal of this location. This prime commercial space provides an unparalleled opportunity to establish or expand your business within a bustling and established commercial area. Don't miss out on this chance to secure a location that offers both high visibility and a strong customer base.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.