Newport, TN 37821,185 MAIN ST
Newport, TN 37821,185 MAIN ST
Newport, TN 37821,185 MAIN ST
Newport, TN 37821,185 MAIN ST
Newport, TN 37821,185 MAIN ST
Newport, TN 37821,185 MAIN ST
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Listed by Daniel Conard • Weichert, REALTORS - Tiger Real Estate

$1,425,000

$189,900

650.4%
Est.Price: ?

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Est. payment /mo

36,154 SqFt


SOLD DATE : 03/31/2025

Key Details

Sold Price $1,425,000

Property Type Commercial

Sub Type Warehouse

Listing Status Sold

Purchase Type For Sale

Square Footage 36,154 sqft

Price per Sqft $39

MLS Listing ID 703702

Style Masonry

Year Built 1939

Annual Tax Amount $3,240

Lot Size 0.830 Acres

Property Sub-Type Warehouse

Property Description

At no fault to owner/seller this property is back on the market and is available with a price reduction. The price reduction is to offset some of the price to redo/repair the sprinkler system. This spacious 19,875 square foot warehouse is ready and available. There is an additional 10,930 square feet available on the back side that is not covered. The building was built in 1939 as part of the RHYNE Lumber Company. As you can imagine this property has unlimited possibilities. It will need renovating to update the sprinkler system, wiring, plumbing, and definitely the roof. The warehouse is open and available at anytime. There is also a structural engineers report on hand confirming the building structurally sound.

Location

State TN

County Cocke

Exterior

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Sewer Connected, Water Available

Roof Type Shingle,See Remarks

Building

Lot Description City Lot, Corner Lot, Level, Paved, Rectangular Lot

Water Public

Structure Type Asphalt,Block,Concrete,Steel Frame

Others

Acceptable Financing 1031 Exchange, Cash, Contract, Conventional, Trust Deed, USDA Loan, VA Loan

Listing Terms 1031 Exchange, Cash, Contract, Conventional, Trust Deed, USDA Loan, VA Loan

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Shawn Wilmoth, CCIM
Shawn Wilmoth, CCIM

Agent | License ID: 354366

+1(865) 205-9353

308 N PETERS RD. STE 225, KNOXVILLE, TN, 37922, United States

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