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Listed by Don Fabrikant • Country Living Realty
$ 1,100,000
Est. payment | /mo
6,504 SqFt
$ 1,100,000
Est. payment | /mo
6,504 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 6,504 sqft
Price per Sqft $169
MLS Listing ID 3611402
Year Built 2000
Lot Size 0.540 Acres
Acres 0.54
Property Sub-Type Mixed Use
Property Description
Prime Commercial Investment Opportunity | Newport, Tennessee, Established Laundromat, Retail/Rental Space & High-Visibility Highway Frontage and 23 parking spaces. This exceptional commercial investment opportunity along Highway 25/70 in Newport, Tennessee. Strategically positioned less than a minute from the new Highway 321 bypass, this property offers approximately 175 feet of highway frontage, excellent visibility and convenient access. With an estimated daily traffic count exceeding 20,000 vehicles in 2025, the location provides substantial exposure for established businesses and future commercial ventures. The property features an established, well-maintained laundromat and approximately 1,316 square feet of versatile retail/rental space, offering opportunities for owner-operators, investors or entrepreneurs seeking a highly visible commercial location. The laundromat has an established customer base and a reputation for cleanliness and reliability. The adjoining retail space provides additional flexibility for a complementary business, independent retail operation or potential rental income. With the convenient entrance, accessible parking and prominent highway exposure, the property is designed to accommodate customer traffic while providing convenient access to the surrounding communities. Strategic East Tennessee Location Located just 2.4 miles from downtown Newport, this commercial property benefits from convenient access to major regional destinations, including: Knoxville: Approximately 44 minutes, Morristown: Approximately 30 minutes, Sevierville: Approximately 34 minutes, Hot Springs, North Carolina: Approximately 38 minutes
Location
State TN
County Cocke County
Zoning Commercial
Interior
Fireplace N
Exterior
Roof Type Built-Up
Others
Special Listing Condition Standard
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