Two-Story Building - 223 E. Main St.

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30810696
Status: Pending/Contingent
Building Size (RSF): 9,600 SF
Gross Building Area: See Agent
Sale Price: $149,900
Unit Price: $15.61 PSF
In Opportunity Zone? Yes
Property Use Type: Business
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 8/8/2022

Overview / Comments

All brick two-story building in downtown Newport. New metal roof and guttering in 2019. Building has a manual elevator and loading dock area. Great location for retail, wholesale, storage, and more. Endless possibilities.

Additional Details

Nearest MSA: Newport
County: Cocke
Tax ID/APN: 015047O D 01400
Retail Clientele: Business
Property Visibility: Excellent
Largest Nearby Street: E. Woodlawn Ave.
Feet of Frontage: 109
Highway Access: Located on Hwy 321 (Main St) in downtown Newport.
Site Description: Corner lot on main road.
Area Description: Retail, Industrial, Commercial.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 4,800 SF
Property Condition: Fair
Year Built: 1910
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick / Block exterior.
Parking Type: Other
Parking Description: Parking is along the curg on Woodlawn Av. There is a city lot located behind / adjacent to the rear of the building.
Freight Elevators: 1
Sprinklers: None
Lot Frontage: 47
Lot Depth: 109
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 047O D 014.00 000

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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


Photograph of Listing Agent

Rick Cochran

Keller Williams KAAR CIE Member
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