Smoky Mountain TN Commercial Property For Sale

Commercial Property for Sale in Smoky Mountain TN

$2,500,000
308299 MLS ACTIVE Status
Prime Multi-Use Commercial Property for Sale in Newport, TN Discover a rare investment opportunity with this thriving multi-use commercial property, strategically located off 25/70 in Newport, TN, less than a minute from the new Hwy 321 bypass. Boasting 380 feet of highway road frontage and an estimated daily traffic count of over 18,000 vehicles daily in 2024, 19.0% Increase over prior year, as per TDOT web site information. This property offers exceptional visibility and accessibility, drawing steady traffic from surrounding towns. The property features three fully operational, immaculate businesses, each with a loyal client base and consistent revenue streams, making it a turnkey investment with diverse income potential: 1. Well-Maintained Laundromat: A spacious, high-traffic laundromat offering modern amenities and a strong reputation for cleanliness and reliability. 2. Retail Store: Approximately 1,316 sq. ft. of versatile retail space, ideal for a variety of business ventures, with a prime storefront location to attract passing customers. 3. Large Lawn Mower & Small Engine Repair Shop: A robust 5,252 sq. ft. facility, complete with retail space and a dedicated parts room, catering to a loyal clientele for repair services and equipment sales. The property also includes a 6-bay car wash with outdoor vacuums, adding to the diverse income streams and appealing to a broad customer base. With two convenient entrances, the layout ensures easy access and ample parking for all businesses. Situated on two parcels, this property offers flexibility for investors. Purchase options include acquiring the entire business portfolio or opting for a lease-back arrangement on the repair shop, providing customizable investment strategies. Since acquisition, the owners have built a successful operation with a proven track record of profitability and community trust. Don't miss this unique opportunity to own a multi-faceted commercial property in a high-traffic location of Newport. Just 2.4 miles from downtown Newport, 44 minutes to Knoxville, 30 minutes to Morristown, 34 minutes to Sevierville and just 38 Minutes to Hot Springs, NC.

861 W Highway 25-70, Newport

$629,900
305341 MLS ACTIVE Status
Turn Up the Heat on This Prime Investment Opportunity! Discover a versatile office complex ideal for real estate sales, title services, wellness businesses (spa or salon), or multi-use professional suites. The main level welcomes guests with a cozy gas fireplace in the shared entry and includes a public restroom. You'll also find an open-concept break room (easily enclosed if needed), a full bathroom with laundry, and three private offices. Upstairs, the second floor boasts three additional private offices, two full bathrooms, a spacious supply room for office essentials, and a vibrant employee lounge complete with a pool table and a covered porch. On the top floor, enjoy a bright open loft perfectly suited for a conference room and casual seating area. Outdoor common space is abundant, offering relaxed spots for lunches or brainstorming sessions. But that's not all: the property also includes two large separate storage facilities tucked just up the hill beneath the adjacent condominium complex. These feature multiple shelving units, a folding area, two commercial washers, and two dryers. This additional space is ideal for lease to a cabin rental company seeking proximity to bustling Pigeon Forge. HOA Details: Office Building: $1,150/month + $38 for cable/internet. Storage Areas: $740/month + $38 for internet Note: Overnight rentals are not permitted. This is a foreclosure opportunity you won't want to miss—schedule your private tour today and unlock the property's full potential! All offers must be submitted by the Buyer's agent via the RES.NET Agent Portal. If your offer is accepted, you agree to be responsible for an offer submission technology fee of $300.00. The fee will be collected and disbursed by the settlement agent and disbursed at the closing and settlement of the transaction. To submit your buyer's offer, simply click the link below. If you already have a RES.NET Agent account, you will be prompted to log in. If not, you will be prompted to create an account. To begin, click or paste this link into your web browser: https://agent.res.net/Offers.aspx?-1795027

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Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2026 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .