For more information regarding the value of a property, please contact us for a free consultation.
755 Cosby HWY Newport, TN 37821
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $265,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,340 sqft
Price per Sqft $197
MLS Listing ID 9923291
Sold Date 10/20/21
Total Fin. Sqft 1340
Originating Board Tennessee/Virginia Regional MLS
Year Built 1981
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 75/91/86/69
Property Description
Opportunity awaits you in Newport, Tn. 1340 sqft Brick free standing building that once was a bank and now a beauty salon. Still has a Vault, Safe and safety deposit box room and has bullet proof windows on the south side of the building. 8 & 12ft ceilings, 2 restrooms, one small office, kitchenette, fire sprinkler system (80.00 a year with NUB) & has 7 + parking spaces. Walk into the front lobby then enter into the main room with its 12ft ceiling & Long teller counter. Off to the right is a small room that once was a ATM room. There is an office at the other end of the room. Through the half swinging door is another area that is currently being used as the shampoo stations and dryer stations. There is a Bank Vault still in place with the safety deposit box room. On the other side of counter is currently the cutting stations. There is a floor safe and lots of cabinets and drawers. The back rooms have 2 restrooms and a kitchenette/laundry area. Fiber Optics is available through NUB as well as Natural Gas. Flooring is ceramic tiles and vinyl tiles. According to TDOT, Traffic count is approx. 17000. Which makes for opportunities that could be a Gun Shop, Pawn Shop, Fast Cash shop, Pharmacy, Jewelry Store, Bank, continue as a beauty salon or make it whatever owning your own business dreams may be. With I-40 just up the road and the many tourists that come through Newport to eat or shop, the opportunities are endless. Gatlinburg/Pigeon Forge are only 40mins away. Whitewater Rafting and Ziplining tours are just 20mins.
Location
State TN
County Cocke
Area 0.19
Zoning none
Direction From Newport take Cosby Highway South and this property is at the corner of Bryant Street and Cosby Highway.
Interior
Heating Heat Pump
Cooling Heat Pump
Equipment Fire Sprinkler System, Free Standing
Heat Source Heat Pump
Exterior
Roof Type Composition
Road Frontage Highway
Building
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 056h E 006.00 000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less
Bought with Donna FABRIKANT • Country Living Realty