513 Cosby Highway Newport, TN $ 1,290,000
513 Cosby Highway
$ 1,290,000
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513 Cosby Highway

Newport, TN, 37821
$ 1,290,000
Baths0.0

Monthly Estimate*

$ 8,574

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Studio

Commercial Property for sale in Newport, TN

for $1,290,000. This building was built in 1985 on a lot size of 1.03.

Newport is Booming. Get in on the action now. Profitable auto mechanics shop on busy Cosby Highway. Great street visibility. Four Bays, parking space, two buildings with brick facades on four land parcels. Only 3/4 mile from the I-40 interchange at exit 435. Two buildings. One with a large, open showroom overlooking the highway with room to grow retail and parts sales. Features private office , service counter, sound room, bathrooms, inventory space, one floor lift in additional bay in rear. Second building has four large bays, two lifts, concrete floors, oil storage room, alignment unit included. Schedule your showing now.

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Commercial Active

Price

$ 1,290,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 10,585

Style

Business

Lot Size

1.03

Year Built

1985

Town/City

Newport

County/Region

Cocke

MLS | Web ID

701863

Features
General
Sewer Public Sewer
Heating Electric Natural Gas Varies by Unit
Cooling Wall Unit(s)
Utilities Electricity Connected Natural Gas Available Phone Connected Sewer Connected Water Connected
Possession Negotiable
Roof Metal
Zoning Commercial-2
Exclusions Mechanics personal tool boxes and tools.
Electric 3 Phase Circuit Breakers
Architctural Style Clear Span Masonry
Stories 1
County Cocke
Business Type Auto Parts Auto Repair-Specialty Auto Service Auto Tires
Property Type D
Tax Year 2022
Occupant Type Owner
Status Active
Auction Y/N No
Construction Materials Attic/Crawl Hatchway(s) Insulated Block Brick Veneer
Year Built Details 1985 - 4 Bay Cinder Block Garage Building1976 - Showroom/Office and Garage Building
Sub Type Business
Year Built 1985
Directions From Interstate 40 in Newport take exit 435 onto US-321 North towards Newport. Property is .76 miles on the left.
City Newport
Street Name Cosby
Coming Soon Newport is Booming. Get in on the action now. Profitable auto mechanics shop on busy Cosby Highway. Great street visibility. Four Bays parking space two buildings with brick facades on four land
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Exterior
Lot Features City Lot Cleared Gentle Sloping Level Near Public Transit Open Lot Paved Rectangular Lot
Fencing None
Inclusions All installed equipment remains. Inventory List of remaining items includes...3 two post lifts valued at 5k each1 4 post lift with alignment machine 50kOil filters approx 3kBulk oil 10kNew Tires 7kR
Water Source Public
Parking Features Additional Parking Aggregate Asphalt Attached Direct Access Gravel Lighted Off Street On Site Outside Parking Lot Private
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Interior
Total Units 2
List Price/SqFt 255.45
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* Excluded Features
List By
Daybreak Property Holdings

Broker

sscotski@gmail.com

Email

Affordability Calculator

$9,456
Per Month
91%
9%
0%
Monthly Principal & Interest
$8,574
Monthly Property Taxes
$882
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2484365 Elementary School
2484217 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/10/2023$1,290,000 Listed Price

Map


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513 Cosby Highway, Newport, TN, 37821 is a Commercial Property for sale at $1,290,000 with a lot size of 1.03. 513 Cosby Highway is a studio with 0.0 baths and was built in 1985. The property's zip code is 37821 which is in Newport, TN