Property summary
This expansive industrial property, located at 185 W Main Street Unit 185, Newport, TN, presents a unique investment opportunity. The 0.83-acre lot houses a substantial 19,875 square foot warehouse, complemented by an additional 10,930 square feet of uncovered space at the rear. Built in 1939 as part of the Rhyne Lumber Company, this building boasts a rich history and offers immense potential for redevelopment. While requiring renovation, a structural engineer's report confirms the building's structural integrity. The necessary updates include the sprinkler system, electrical wiring, plumbing, and roof. The price has been reduced to offset the cost of these improvements. Despite the needed renovations, the warehouse's size and location in Newport, TN, make it an attractive proposition for a variety of commercial uses. The open layout provides flexibility for customization, allowing for the creation of modern, efficient workspace. Serious inquiries are encouraged to explore the possibilities this historic property offers. The property is available for immediate viewing.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Alternative use
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