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Newport,TN 37821
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,876 sqft
Price per Sqft $147
MLS Listing ID 707112
Style Clear Span
Year Built 2014
Annual Tax Amount $832
Lot Size 0.460 Acres
Property Sub-Type Mixed Use
Property Description
TONS OF POTENTIAL. This Commercial Property offers so many possibilities. Current owner has Operated for years as a Machine Shop. Main Bldg is 2000 Sq Ft (40x50) with 20 Ft Ceilings and 2 (14X16) Roll up doors that allow equipment to drive through. 3 Phase Power and plumbed for Air Compressors. Attached to Main Bldg is another 300 Sq Ft (15X20) Office with ½ Bath and Storage. Located behind is a 1BR, 1BA Living Qtrs with Full Kitchen, Living Room and Storage (16x36). Property is located Minutes to Newport, Morristown, Interstates 40 & 81 and directly across the road from Newport's New Industrial Complex. TDOT Avg Traffic Daily Count in 2024 over 7000. Easy access to Smoky Mtns with all her Majesty and Douglas Lake. Here's a thought there is no Boat Repair in the area. Newport is growing and get in on whatever your business is with this location. So much potential. Price is for Real Estate and Bldgs only. If your interested in equipment and business this can be discussed. Seller is retiring and slowing down.
Location
State TN
County Cocke
Interior
Heating Heat Pump,Radiant
Cooling Heat Pump,Wall/Window Unit(s)
Exterior
Utilities Available Cable Connected,Electricity Connected,Phone Connected,Sewer Connected,Water Connected
Building
Lot Description Back Yard,Cleared,Front Yard,Level
Water Public
Structure Type Metal Siding
Others
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional