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861 West Highway 25 70 1
Newport TN 37821
MLS #10001725 · Listing Courtesy of Country Living Realty
$1,100,000
Active
3,504
Sq Ft
2000
Built
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
Property Facts
Property TypeCommercial Sale
MLS Number10001725
City Taxes$0
County Taxes$3,482.62
Features & Amenities
Interior
Central Air
Central Heating
Heat Pump
Exterior
Brick Exterior
Built-Up Roof
Composition Roof
Highway
Other
220 Volts
Above Average Condition
Fee Simple
Natural Gas Available
Public Sewer
Public Water
Retail
Sewer Connected
Utility Easement Restrictions
Water Connected
Directions
From downtown Newport take 25-70W towards I-40, property will be on the left in 2.4 miles.
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Additional Information
Business TypeOtherYesContract InfoForeclosureNoDevelopment StatusSee RemarksYesGeneral Property Description# Parking Spaces23Annual Lease0HOANoLeaseNoLot Size0.54Road Frontage Length175Stories1Total Finished SqFt3,504Unfinished SqFt0ZoningCommercialInfo AvailableOtherYesLocation Tax Legal InfoDeed Book #1,537Deed Page #522Unit #1Other EquipmentSee RemarksYes
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