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$2,500,000
2 Baths 709004 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

$1,500,000
708741 MLS ACTIVE Status
Business opportunities are unlimited with this incredible property currently used as a distribution warehouse with living quarters. The main level features 6 offices, 3.5 bathrooms, a full kitchen with all appliances, a spacious living room, dining room, piano room, and an impressive wet bar—perfect for both work and relaxation. A striking spiral staircase leads upstairs to the bedrooms, offering a unique residential touch. The warehouse itself boasts approximately 10,800 sq. ft. of manufacturing or distribution space with 3 dock doors and 1 semi-friendly loading door with a lift gate. A huge bonus is the 4x8 double-sided digital sign by Watch Fire, giving you the option to sell ad space or showcase your new business. Located just 3 minutes from the interstate with excellent road frontage, this property offers prime visibility and convenience. Don't miss out on this rare find—call your favorite Realtor today for more information or to schedule your private tour!

868 W Hwy 25-70, Newport

$349,900
708622 MLS ACTIVE Status
LOCATION LOCATION LOCATION, THIS commercial building is located on 1.48 acres of land in an area with heavy traffic, making it a prime location for a business. The property is situated just minutes away from Rogersville, that offers a variety of amenities and services, including shopping, dining, and entertainment options. In addition, the deli is conveniently located just 15 minutes from Morristown and is also just minutes away from Cherokee Lake, a popular destination for boating, fishing, and other outdoor activities. All equipment, and personal items are negotiable (selling building only, DOES INCLUDE MOBILE HOME). Was previous a deli, purchasing equipment will make it easier for the new owner to take over and operate the business, if they choose to keep it a deli without the added stress of acquiring new equipment or furnishings. Overall, this commercial property presents a fantastic opportunity for a new owner to take over and build on an existing business in a prime location. Owner/Agent Directions: Hwy 11W to right onto property. Private Remarks: Call Sarah Richards for showing at 423-585-7100 ***PLEASE NOTE THAT SELLING BUILDING ONLY, ALL EQUIPMENT AND PERSONAL ITEMS IN BUILDING IS NEGOTIABLE FOR A PRICE*** ALSO SALE DOES INCLUDE MOBILE HOME***OWNER/AGENT

9943 Highway 11 W, Mooresburg

$469,000
708474 MLS ACTIVE Status
Prime Redevelopment Opportunity: Former Shell Station Site in Morristown, TN. This is a highly desirable redevelopment site with significant potential, formerly operating as a Shell gas station. Main photo Rendering is AI generated to show its future potential* All underground storage tanks (USTs) have been removed, and the property is ready for construction or repurposing. Key Features: • High Traffic Count: Situated on a heavily trafficked thoroughfare, ensuring excellent visibility and customer access for any future business. Essential for any successful commercial enterprise. • Growing Commercial Area: Morristown is experiencing continued commercial development, enhancing the long-term value of this property. Strategic Location: • Proximity to College Square Mall: Benefits from the high volume of shoppers and visitors drawn to the mall. • Near New Arby's Location: Growing commercial area and potential for synergistic business activity. • Established Ingress/Egress: Existing access points (ingress and egress) are in place, streamlining development and traffic flow for future operations. • Site: The removal of gas station tanks eliminates a significant environmental hurdle, making the property more readily available for a variety of uses. Redevelopment Potential: Given the prime location and high traffic, this site is ideal for: • Fast-Food Restaurant: Especially appealing given the proximity to Arby's and the high traffic. • Retail Strip Center: Multiple small businesses could capitalize on the visibility. • Medical/Professional Offices: Easy access for clients and patients. • Automotive Services (non-fuel): Car wash, oil change, auto repair. • Coffee Shop/Drive-Thru: Convenient for commuters and shoppers. Deed Restriction: • No Tobacco Products or Accessories: Please note that the deed for this property will include a restriction prohibiting the sale of tobacco products or accessories. This should be factored into any proposed business plan. Acreage adjacent also available. Offered by NAI. https://www.moodyscre.com/marketplace/property/6523cf1812b1912a4e028d6b

2207 E Morris Blvd, Morristown

$749,900
2 Baths 707532 MLS ACTIVE Status
PRIME COMMERCIAL OPPORTUNITY IN HIGH-TRAFFIC WEST SIDE MORRISTOWN. Position your business for success with this exceptional .33-acre commercial property located directly on W AJ Hwy-one of the busiest and most visible intersections in town. Boasting an impressive annual average daily traffic count of 8,045 vehicles, this location offers unbeatable exposure and accessibility. Nestled beside Valvoline and directly across from Weigel's, the property benefits from high-volume drive-by visibility and easy access, just before the Morris Blvd and W AJ Hwy intersection. The 1,239 sq ft office building currently supports a thriving U-Haul operation, offering immediate income potential or a smooth transition for a new business venture. This is a rare opportunity to secure premium commercial real estate in a fast growing area-ideal for a retail storefront, professional office, franchise, or service-based business. Whether you're launching a new enterprise or expanding an existing brand, this location provides the visibility and convenience necessary for long-term growth and success. Don't miss your chance to invest in one of the most strategic and sought-after commercial spots in the area. Showings are by appointment only-contact the listing agent today to schedule your private tour.

2107 W W Andrew Johnson Hwy Highway, Morristown

$479,900
706470 MLS ACTIVE Status
Prime Commercial Opportunity Located at the corner of Hwy 11 E and White Ave, 305 White Ave offers an exceptional commercial lot that promises high traffic and excellent visibility. This vacant lot, ready for development, is perfectly situated in a rapidly growing area of Morristown, Hamblen County, in business-friendly East Tennessee. With its prime location just one mile from Merchants Green, this lot provides unparalleled access to local and passing traffic, making it ideal for a variety of business ventures. Whether you're looking to open a coffee shop, fast food restaurant, urgent care, car wash, beauty salon, nail spa, or pet grooming service, this property offers endless potential. It's also perfect for a food truck lot, real estate office, B2B services, tutoring, bookkeeping, and more. The flexibility of this lot, combined with its high visibility and easy access, makes it a standout opportunity for any business looking to grow in this dynamic market.

305 White Avenue, Morristown

$701,000
700019 MLS ACTIVE Status
This property offers over 10,000 sq ft of usable space sitting on 1.9 acres of land, making it an ideal location for a warehouse or any type of business. This location is very close to the entrance of the expanded Highway 321 with travel time being approximately., 45 Min to Gatlinburg, 35 Min to Sevierville and 48 Min to Knoxville making this a perfect location for any business. Its conveniently situated off I-40, boasting 247 feet of highway road frontage and offers over 50 parking spaces in a paved parking lot. In addition to the main space, there is also a separate apartment with its own entrance at the back of the building. The apartment is currently set up as a 1 bedroom, 1 bathroom space but can easily be converted into a 2-bedroom unit. The apartment comes with essential appliances such as a microwave, range and washer and dryer hookups. Previously used as a bowling alley, the property comes fully equipped with amenities such as an air hockey table, video games, vending machines, and more. The roof is approximately 10 years old, providing peace of mind for potential buyers. The property offers a plethora of possibilities and is must-see. Schedule a viewing today to explore its full potential!

977 W HIGHWAY 25-70 Highway, Newport