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640 Cosby Highway
Newport TN 37821 US

$1,500,000

Active Listing ID 9961601
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Lot: 1.15 Acres
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Other

$1,500,000

Active Listing ID 9961601
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640 Cosby Highway Check out this incredible investment property positioned in a prime location on Cosby Highway, just 1 mile from exit #435 on I40. This exit is one of the busiest in Tennessee and is minutes from Gatlinburg, Pigeon Forge and The Great Smoky Mountains. This property offers 184 feet of road frontage, 4 storefronts that consist of 5225 feet of marketable rental space situated on 1.15 Acres. Spacious parking lot and a new drive-thru installed in 2023. Additionally, this property offers a full-size unfinished basement with a large back lot that can be utilized for additional income. Other features include a asphalt shingle roof, fresh paint and a recently installed awning. Locally owned and operated for many years, this property has been well maintained. This shopping center is hitting the market for the first time and will prove to be a smart buy for any investor! Buyer or Buyer's Agent to verify exact measurements.

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Property Features

  • Facts
  • Lot Size: 1.15 Acres
  • Property Type: Commercial Lease
  • Property Sub-type: Other
  • Features
  • Cooling System: Heat Pumps
  • Roof Type: Shingle
  • Heating Fuels: Floor Furnace, Heat Pump

Property

  • propertytype: Commercial Lease
  • propertysubtype: Other
  • listprice: 1500000
  • unparsedaddress: 640 Cosby Highway
  • postalcity: Newport
  • stateorprovince: TN
  • country: US
  • postalcode: 37821
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.15
  • lotsizeunits: Acres
  • lotsizearea: 1.15
  • livingarea: 10450
  • livingareaunits: Square Feet
  • latitude: 35.956011
  • longitude: -83.196327
  • listagentfullname: Shandi Whittenburg
  • listagentemail: shandiwhittenburgrealtor@gmail.com
  • listagentkey: 3yd-TVARMLS-34270
  • listagentmlsid: 34270
  • listagentpreferredphone: 4236204989
  • listagentofficephone: 4235255767
  • listofficekey: 3yd-TVARMLS-1342
  • listofficemlsid: 1342
  • disclaimer: Copyright © 2024 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TVARMLS
  • yearbuilt: 1992
  • listingcontractdate: 2024-02-03
  • countyorparish: Cocke
  • parcelnumber: 056g C 008.00
  • cooling: Heat Pumps
  • constructionmaterials: Brick, Concrete, Wood Siding
  • heating: Floor Furnace, Heat Pump
  • fireplaceyn: False
  • transactiontype: ForRent
  • storiestotal: 0
  • parkingtotal: 40
  • roof: Shingle
  • waterfrontyn: False
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -83.196327, 35.956011
  • customfields: {"AlternatePrices":[], "Expenses":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://listings.listhub.net/pages/TVARMLS/9961601/?channel=rexren", "LeadRoutingEmail":"shandiwhittenburgrealtor@gmail.com", "BrokerName":"Envision Realty Group", "ListingTitle":"Commercial Lease - Newport, TN", "ListOfficeBrokerMlsId":"2444", "ListOfficeEmail":"darbineas@gmail.com", "ListOfficeAddress1":"505 Tusculum Blvd", "ListOfficeAddress2":null, "ListOfficeCity":"Greeneville", "ListOfficePostalCode":"37745", "ListOfficeStateOrProvince":"TN", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"Envision Realty Group", "ListBrokeragePhone":"(423) 525-5767", "ListBrokerageEmail":null, "ListBrokerageWebsiteUrl":null, "ListBrokerageLogoUrl":null, "ListBrokerageUnparsedAddress":"505 Tusculum Blvd", "ListBrokerageUnitNumber":null, "ListBrokerageCity":"Greeneville", "ListBrokerageStateOrProvince":"TN", "ListBrokeragePostalCode":null, "ListBrokerageCountry":"US", "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-02-27T16:30:08Z", "Neighborhoods":[{"Name":"208 - Cocke County", "Description":null}], "Taxes":[{"TaxYear":null, "TaxAnnualAmount":5298.68, "TaxDescription":null}]}
Listing Changed: 4/2/2024 5:55:55 PM GMT
Source Updated Date: 5/1/2024 6:51:35 AM GMT

Courtesy of: Shandi Whittenburg, Envision Realty Group, shandiwhittenburgrealtor@gmail.com

Copyright © 2024 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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