Burlin Allen 865-621-1776

348 E Main St., Newport, TN 37821$515,000

Contact Burlin Allen About MLS#: 703882 Phone: 865-621-1776 / Email: burlin@burlinallen.com
Property Type: Commercial Sale Square Footage: 1,491 Lot Size (sq. ft.): 9,148 Status: Active
Current Price: $515,000 List Date: 6/01/2024 Last Modified: 7/01/2024

Description

Quaint commercial freestanding retail building in the heart of old town Newport, TN. This building is a must see and is in an Opportunity Zone! This location, and the surrounding areas, ooze with charm of the old and screams with excitement of the new. New businesses coming in, newly remodeled historic buildings and more. This building boasts 1,491 sq ft of the following interiors: - Large reception area with reception window - Large office - 1 half bathroom with toilet and sink; 1 half bath with shower and can be built out to add back toilet and sink - Large Back Office or Flex Space This beautiful lot backs to the river with gorgeous views, ample parking, and an outbuilding/storage area! The building itself has a newly painted exterior and roof, some painted interiors and remodeled secondary bathroom (to be completed June 2024). Surrounded by businesses that make up the heart of the City, this location and building plan is flexible for so many business types!

More Information MLS# 703882

Contract Information

Current Price: $515,000 Original List Price: 525000 List Price: $515,000 Status: Active Listing Contract Date: 2024-06-01 Property Sub Type: Retail Property Attached YN: No Listing Agreement: Exclusive Right To Sell 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: Sandy Clevenger Occupant Type: Owner

Location, Tax, and Legal

Street Number: 348 Street Direction Prefix: E Street Name: Main St. County: Cocke State: TN Postal Code: 37821 Civil District: 06 Tax Annual Amount: 2472.08 Tax Year: 2023 Tax Map Number: 047N Parcel Number: 004.00

General Property Information

Building Area Total: 1491 Year Built: 1965 Lot Size Acres: 0.21 Cooling YN: Yes Heating YN: Yes List Price/SqFt: 345.41

Remarks and Miscellaneous

Public Remarks: Quaint commercial freestanding retail building in the heart of old town Newport, TN. This building is a must see and is in an Opportunity Zone! This location, and the surrounding areas, ooze with charm of the old and screams with excitement of the new. New businesses coming in, newly remodeled historic buildings and more. This building boasts 1,491 sq ft of the following interiors: - Large reception area with reception window - Large office - 1 half bathroom with toilet and sink; 1 half bath with shower and can be built out to add back toilet and sink - Large Back Office or Flex Space This beautiful lot backs to the river with gorgeous views, ample parking, and an outbuilding/storage area! The building itself has a newly painted exterior and roof, some painted interiors and remodeled secondary bathroom (to be completed June 2024). Surrounded by businesses that make up the heart of the City, this location and building plan is flexible for so many business types! Directions: I-40 to exit 435, head North on 321 to a right on E. Broadway, Left on McSween Ave, cross train tracks and make a right on E. Main St. Property on Left.

Status Change Information

Major Change Timestamp: 2024-06-28T13:37:45Z Major Change Type: Price Reduced Price Change Timestamp: 2024-06-28T13:37:45Z Status Change Timestamp: 2024-06-01

Deed Book Details

Deed Book: 1375 Deed Page: 305

Property Features

Cooling: Central Air Heating: Central
Listing Office: Keller Williams Realty
Last Updated: July - 01 - 2024
348 E Main St., Newport, TN 37821- MLS# 703882
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.