Burlin Allen 865-621-1776

977 W HIGHWAY 25-70 Highway, Newport, TN 37821$929,900

Contact Burlin Allen About MLS#: 700019 Phone: 865-621-1776 / Email: burlin@burlinallen.com
Property Type: Commercial Sale Lot Size (sq. ft.): 82,764 Status: Active
Current Price: $929,900 List Date: 6/06/2023 Last Modified: 6/30/2024

Description

This property offers over 10,000 sq ft of usable space sitting on 1.9 acres of land, making it an ideal location for a warehouse or any type of business. This location is very close to the entrance of the expanded Highway 321 with travel time being approximately., 45 Min to Gatlinburg, 35 Min to Sevierville and 48 Min to Knoxville making this a perfect location for any business. Its conveniently situated off I-40, boasting 247 feet of highway road frontage and offers over 50 parking spaces in a paved parking lot. In addition to the main space, there is also a separate apartment with its own entrance at the back of the building. The apartment is currently set up as a 1 bedroom, 1 bathroom space but can easily be converted into a 2-bedroom unit. The apartment comes with essential appliances such as a microwave, range and washer and dryer hookups. Previously used as a bowling alley, the property comes fully equipped with amenities such as an air hockey table, video games, vending machines, and more. The roof is approximately 10 years old, providing peace of mind for potential buyers. The property offers a plethora of possibilities and is must-see. Schedule a viewing today to explore its full potential!

More Information MLS# 700019

Contract Information

Current Price: $929,900 Original List Price: 995900 List Price: $929,900 Status: Active Listing Contract Date: 2023-06-03 Property Sub Type: Warehouse Listing Agreement: Exclusive Agency Buyer Brokerage Compensation: 2 Buyer Brokerage Compensation Type: % Sub Agency Compensation: 2 Sub Agency Compensation Type: % Transaction Broker Compensation: 2 Transaction Broker Compensation Type: % Dual Or Variable Rate Commission YN: No Owner Name: GILBERT Occupant Type: Call Agent

Location, Tax, and Legal

Street Number: 977 Street Name: W HIGHWAY 25-70 Street Suffix: Highway County: Cocke State: TN Postal Code: 37821 Civil District: 04 Tax Annual Amount: 3660.77 Tax Year: 2022 Tax Map Number: 129.00 Parcel Number: 046 129.00 Additional Parcels YN: No Sub Lot #: 1

General Property Information

Year Built: 1961 Lot Size Acres: 1.9 Cooling YN: Yes Heating YN: Yes

Remarks and Miscellaneous

Public Remarks: This property offers over 10,000 sq ft of usable space sitting on 1.9 acres of land, making it an ideal location for a warehouse or any type of business. This location is very close to the entrance of the expanded Highway 321 with travel time being approximately., 45 Min to Gatlinburg, 35 Min to Sevierville and 48 Min to Knoxville making this a perfect location for any business. Its conveniently situated off I-40, boasting 247 feet of highway road frontage and offers over 50 parking spaces in a paved parking lot. In addition to the main space, there is also a separate apartment with its own entrance at the back of the building. The apartment is currently set up as a 1 bedroom, 1 bathroom space but can easily be converted into a 2-bedroom unit. The apartment comes with essential appliances such as a microwave, range and washer and dryer hookups. Previously used as a bowling alley, the property comes fully equipped with amenities such as an air hockey table, video games, vending machines, and more. The roof is approximately 10 years old, providing peace of mind for potential buyers. The property offers a plethora of possibilities and is must-see. Schedule a viewing today to explore its full potential! Directions: Take HWY 321 towards Newport. Turn R onto E Main Street. Go through the traffic light by Walgreens and continue straight on W HWY 25-70. Property in on the left (Victory Lanes).

Status Change Information

Major Change Timestamp: 2023-10-26T11:12:21Z Major Change Type: Price Reduced Price Change Timestamp: 2023-10-26T11:12:21Z Status Change Timestamp: 2023-06-05

Building or Suite #1

Total SqFt: 10716

Deed Book Details

Deed Book: 1461 Deed Page: 699

Parking Features

Open Parking Spaces: 50

Road Frontage Type

Road Frontage: 247 FEET

Property Features

Architectural Style: Masonry Business Type: Warehouse Construction Materials: Block Cooling: Central Air Current Financing: None Electric: 220 Volts; Circuit Breakers Heating: Natural Gas Listing Terms: Cash; Conventional Lock Box Information: Call Listing Office; See Remarks Lot Features: Back Yard; Cleared; Few Trees; Paved Owner Pays: All Utilities Parking Features: Asphalt Possession: Close Of Escrow Road Frontage Type: Highway Roof: Rubber; Shingle Sewer: Public Sewer Showing Contact Type: Agent Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent
Listing Office: Country Living Realty
Last Updated: June - 30 - 2024
977 W HIGHWAY 25-70 Highway, Newport, TN 37821- MLS# 700019
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.