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    OFF-MARKET
    Retail properties & Spaces

    216 Broadway St, Newport, TN 37821

    Built 1970
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1970
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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