977 25/70 Newport, TN 37821
- Office Properties & Spaces
- 1.90 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 977 25/70
- Lot size
- 1.90 lot acres
- Property type
- Office Properties & Spaces
Description
This exceptional 10,000+ sq ft office building sits on a 1.9-acre lot in Newport, Tennessee, offering significant highway frontage (247 feet) on I-40 and easy access to major roadways. The property boasts over 50 paved parking spaces and includes a separate apartment (currently 1 bed/1 bath, easily convertible to 2 bedrooms) with appliances. Previously a bowling alley, the building retains amenities like an air hockey table and video games. The approximately 10-year-old roof ensures low maintenance. Its convenient location offers quick commutes to Gatlinburg (45 min), Sevierville (35 min), and Knoxville (48 min), making it ideal for various businesses or warehouse operations. The seller is offering a buyer's agency fee of 2% of the total sales price. This versatile property presents a unique investment opportunity with high potential. The listed square footage is 0, but the marketing description indicates over 10,000 square feet of usable space. This discrepancy should be verified independently.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newport
- County
- 47029
- State
- Tennessee
- Longitude
- -83.1598
- Latitude
- 35.9551
