108 English StNewport, TN 37821

Property Details for 108 English St

Year built

1920

Lot size

0.58 AC

Property type

Other commercial real estate

Description

This exceptional 0.58-acre commercial property at 108 English Street, Unit 108, Newport, TN, presents a unique investment opportunity priced at $210,000. Previously utilized as a small restaurant, the building offers immense potential for diverse commercial ventures. Its adaptable layout includes five rooms and one bathroom, providing ample space for customization. The property boasts convenient city water, sewer, and electricity connections, eliminating significant infrastructural hurdles. A substantial lot size ensures ample parking, a significant advantage for many businesses. The entire property is securely enclosed by chain-link fencing. Beyond its commercial viability, the building's five rooms and single bathroom could be easily converted into a three-bedroom, one-bathroom residential dwelling, offering additional income potential through rental or personal use. Enjoy breathtaking mountain views from this versatile property, ideally situated in Newport, Tennessee. The property's size and amenities make it an attractive option for entrepreneurs seeking a cost-effective entry point into the commercial real estate market or those looking for a unique residential conversion project. The existing infrastructure and large lot provide a solid foundation for a variety of business plans or a comfortable home.

Location Insight

City

Newport

County

Cocke

State

Tennessee

Latitude

35.9552

Longitude

-83.1984

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