402/408 W Broadway

    Newport, TN 37821
    • $223,000
    • STATUS: Active
    • ON SITE: 49 days
    • ID#: 218306
    UPDATED: 18 min ago
    $223,000
    • 0
      BEDS
    • 0.53
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,952
      SQFT
    • $56
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1963
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Nai Koella | Rm Moore.

    Description

    This mid-city 0.53-acre lot has 150 ff on W. Broadway in Newport. It receives traffic from Highway 411 including Morristown, Greenville, and I -75 traffic. It is the direct route to the Great Smoky Mountains National Park East to Cosby and Gatlinburg and is neighbor due south to Hot Springs. The two buildings (402 & 408) are currently used for storage. The smaller brown building, built in 1935, is both iconic and historical. In the 1930's and 40's, it originally was a bar. It's name was known far and wide and even now is famously recalled by many old timers from the 30's and 40's. It was called "The Rabbit". Parking in front is paved, side is graveled, and rear is grass. Tree line at rear serves as property line. Summary: The Eastern Gateway to Tennessee, Newport, Tennessee, is nestled at the foothills of the Great Smoky Mountains, the county seat of Cocke County, and known as the "Adventure Side of the Smokies. It is neighbor to Bush Brothers Cannery and Museum and Newport Speedway, as well as Douglas Lake and the French Broad River. Nearby Hot Springs offers multiple outdoor activities. The property includes a corner lot and two commercial buildings located at 408 West Broadway in downtown Newport. It consists of a 3,000 sq. ft. open style commercial building (1963) and a 952 sq. ft. building (1935) previously operated as a small office and tavern on lot of 0.53 ac. The parcel is on the main artery leading to downtown area from the west. It is located within two miles of the planned southern terminus of the Newport Bypass, State Route 35, and US 321, a four lane highway designed to speed tourism and traffic from Greenville and Upper East Tennessee to the west side of Newport enroute to the Smoky Mountains. This property is convenient to the two exits on I-40. Located within two miles of the intersection of 25 W and 25 E, the parcel has side road access to the local industrial by-pass and neighboring industrial park.

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    Copyright 2018 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of The Terrell Team - Prime Mountain Properties. Information deemed reliable but not guaranteed. Last updated 2018-10-20T00:16:06.567.
    www.janeterrell.com/homes/87088445

    402/408 W Broadway Newport, TN 37821

    • Price: $223,000
    • Status: Active
    • Updated: 18 min ago
    • ID#: 218306
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.53
    Acres
    3,952
    SQFT
    $56
    $/SQFT
    1963
    Built
    Neighborhood:
    Flint Ray Addn
    County:
    Cocke
    Area:
    Newport
    Property Description
    This mid-city 0.53-acre lot has 150 ff on W. Broadway in Newport. It receives traffic from Highway 411 including Morristown, Greenville, and I -75 traffic. It is the direct route to the Great Smoky Mountains National Park East to Cosby and Gatlinburg and is neighbor due south to Hot Springs. The two buildings (402 & 408) are currently used for storage. The smaller brown building, built in 1935, is both iconic and historical. In the 1930's and 40's, it originally was a bar. It's name was known far and wide and even now is famously recalled by many old timers from the 30's and 40's. It was called "The Rabbit". Parking in front is paved, side is graveled, and rear is grass. Tree line at rear serves as property line. Summary: The Eastern Gateway to Tennessee, Newport, Tennessee, is nestled at the foothills of the Great Smoky Mountains, the county seat of Cocke County, and known as the "Adventure Side of the Smokies. It is neighbor to Bush Brothers Cannery and Museum and Newport Speedway, as well as Douglas Lake and the French Broad River. Nearby Hot Springs offers multiple outdoor activities. The property includes a corner lot and two commercial buildings located at 408 West Broadway in downtown Newport. It consists of a 3,000 sq. ft. open style commercial building (1963) and a 952 sq. ft. building (1935) previously operated as a small office and tavern on lot of 0.53 ac. The parcel is on the main artery leading to downtown area from the west. It is located within two miles of the planned southern terminus of the Newport Bypass, State Route 35, and US 321, a four lane highway designed to speed tourism and traffic from Greenville and Upper East Tennessee to the west side of Newport enroute to the Smoky Mountains. This property is convenient to the two exits on I-40. Located within two miles of the intersection of 25 W and 25 E, the parcel has side road access to the local industrial by-pass and neighboring industrial park.
    Exterior Features

    Access City StreetPaved Road Exterior Features Onsite ParkingPaved Parking Lot Back 150' Lot Front 150' Lot Left 158' Lot Right 149' Parking Yes

    Interior Features

    Restrooms Yes Stories One

    Property Features

    Annual Tax 3964 Business Name O'neil Family Property Commercial Type Fee Simple Improved Common Area Maintenance Per Month 0 Current Use Warehouse District 06 Hoa Per Month 0 Lot Block Unit C 7/12 Possession At Closing Proposed Financing CashConventional Restrictive Covenants No Sale Or Rent For Sale Suitable Use Auto ServiceConvenience StoreFood ServiceFranchiseManufacturing/IndustrialMedical/DentalOfficeRetailWarehouse Tax Year 2017 Utilities ElectricGasSewerUtility Water Zoning None Zoning Entity Cocke County

    Copyright 2018 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed.
    Copyright 2018 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of The Terrell Team - Prime Mountain Properties. Information deemed reliable but not guaranteed. Last updated 2018-10-20T00:16:06.567.
     
    The Terrell Team - Prime Mountain Properties
    807 Dolly Parton Parkway
    Sevierville TN, 37862
    Listing courtesy of Nai Koella | Rm Moore.
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