Newport Commercial Building

Retail-Commercial for Sale
Catylist Listing ID: 30667248
Property Subtypes: Free-Standing Building, Street Retail, Other
Building Size (RSF): 10,000 SF
Sale Price: $300,000
Unit Price: $30 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Building Name: Cocke County Memorial Building
Usable Size (USF): 10,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/19/2022

Overview / Comments

Please contact the agent for more information about this listing.

Additional Details

Nearest MSA: Newport
County: Cocke
Taxing Authority: Newport City Cocke County
Tax ID/APN: 015047O B 00800
Zoning: C2
Retail Clientele: General, Family, Business
Property Located Between: Broadway and US321
Property Visibility: Excellent
Largest Nearby Street: US321
Traffic/Vehicle Count: 14,000
Highway Access: US321
Airports: McGhee Tyson
Site Description: Huge Historically registered building in center of Newport - Cocke County Memorial Building. Building is currently home to The AmericanLegion Post #41 and has been used for many things in the past and is now seeking a new owner.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 5,000 SF
Property Condition: Poor
Year Built: 1931
Construction/Siding: Brick
Exterior Description: Brick
Total Parking Spaces: 15
Parking Type: Surface
Parking Description: Back and sides of building
Sprinklers: None
Heat Type: Electricity
Heat Source: Wall Units
Air Conditioning: Window Unit
Internet Access: Other
Zoning Description: C2
Lot Frontage: 63
Lot Depth: 116
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Land Ownership: Owned

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,945 9,064 18,549
Median Age: 44.32 39.81 41.65
Households: 846 3,914 7,743


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