1010 W Highway 25-70, Newport, TN 37821
sale
$799,000
|
Mixed Use
Courtesy Of GODDARD REAL ESTATE & AUCTION COMP
1010 W Highway 25/70 Newport, TNOnly 3 minutes from Interstate 40Located on highly traveled Hwy 25/70 in Cocke County, this multi use commercial building sits outside city limits with low yearly taxes of only 1567.74. The two and a half story structure was completely remodeled inside and out in 2025, and the seller spared no expense. The building has brand new spray foam insulation and two CHA systems, one gas and one electric.With nine rooms, this property is ideal for a treatment center, office space, or any business needing multiple private areas. Rooms could be leased individually for additional income. The building features 2.5 bathrooms, a laundry area, an extremely nice new kitchen, and an oversized main room with hardwood flooring and a stage area perfect for speaking, training, or presentations.City water is in place and the property is on a septic tank, but city sewer is available. The lot is a level .33 acres with ample parking for multiple vehicles.Priced at 799,000.Owner will consider owner financing with 25 percent down at 6 percent interest for 10 years.Owner will also consider renting for 6500 a month plus deposits.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Heat Pump
- Cooling System: Central Air
- Cooling System: ENERGY STAR Qualified Equipment
- Exterior Type: Metal Siding
- Exterior Type: Foam Insulation
- Exterior Type: Frame
- Exterior Type: Blown-In Insulation
- Exterior Type: Natural Building
- Exterior Type: See Remarks
- Heating System: Electric (Heating)
- Heating System: Heat Pump (Heating)
- Heating System: Natural Gas
- MLSID: 709728
- Roof Type: Metal
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