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315 W Broadway Street Newport, TN $ 1,200,000
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$ 1,200,000 Get more info
315 W Broadway Street
$ 1,200,000
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315 W Broadway Street

Newport, TN, 37821
$ 1,200,000
Baths0.0 Sq 2,813

Monthly Estimate*

$ 8,382

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Studio

Commercial Property for sale in Newport, TN

for $1,200,000. This 2,813 square foot building was built in 1958 on a lot size of 0.69.

OWN A PIECE OF NEWPORT OLDEST AND MOST ICONIC BUSINESS! LUCKY PAWN! THIS PAWN SHOP HAS BEEN IN BUSINESS SINCE 1958 WITH THE SAME OWNERS! NOT ONLY DO YOU GET THE PAWN SHOP BUT YOU GET 10 1 BED 1 BA APARTMENTS AND A 2 BED 1 BA HOUSE ALSO. SO MANY GREAT THINGS WITH THIS PROPERTY. ROAD FRONTAGE, OVER $150,000 IN INVENTORY, WELL ESTABLISHED PAWN SHOP, ALL UNITS ARE RENTED AND MOST TENTANTS BEEN THERE LONG TERM. STATE OF THE ART COMPUTER SYSTEM FOR ALL THE PAWN BUSINESS. PAVED PARKING LOT. THE APTS ARE ALL 1 BEDROOM, 1 BATH WITH STOVE & REFRIGERATORS. PROPERTY IS IN THE CITY SO GARBAGE PICK UP IS AVAIL. LOCATED IN THE HEART OF THE SMOKEY MTNS JUST 30 MINUTES TO SEVIERVILLE, GATLINBURG, AND PIGEON FORGE. YOU HAVE EVERYTHING AT YOUR FINGERTIPS. DON'T MISS OUT ON OWNING THIS PRIME PIECE OF REAL ESTATE.

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Commercial Active

Price

$ 1,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,000

Style

Business

Lot Size

0.69

Year Built

1958

Town/City

Newport

County/Region

Cocke

MLS | Web ID

300477
Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air Gas
Utilities Electricity Connected High Speed Internet Connected Natural Gas Connected Phone Connected Sewer Connected Water Connected
Possession Negotiable
Exterior Features Lighting Rain Gutters
Zoning COMMERCIAL
Construction Materials Block
Year Built 1958
Electric 200+ Amp Service
Tenant Pays Electricity
Levels One
Property SubType Business
Tax Year 2023
Business Type Hotel/Motel Retail
Business Name LUCKY PAWN SHOP & 10 APARTMENTS
County Cocke
Property Type Commercial Sale
HOA / Comm Assn N
Subdivision Name None
Possible Use Commercial Investment Mini-Storage
Building Features Fixtures High Speed Internet Inventory Restrooms
Other Structures Outbuilding Residence Storage
Status Active
Directions TAKE W BROADWAY TIL YOU SEE LUCKY PAWN SHOP. GPS FRIENDLY
City Newport
Disclosures Lead Based Paint
MLS Area Cocke County
Lot Size Square Feet 30056.4
Waterfront Y/N N
Carport Y/N N
Street Name Broadway
Land Lease Y/N N
Tax Annual Amount 3000.0
Current Financing None
MLS Area Minor Cocke County
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Tax Lot 0
Senior Community None
New Construction None
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Interior
Basement None
Flooring Carpet Concrete
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features Paved
Lot Features City Lot Level
Water Source Public
Total Parking 20.0
Lot Size Area 0.69
Foundation Details Slab
Number of Buildings 11
Spa N
Building Area Total 2813.0
Lot Dimensions IRR X IRR X IRR
Lot Size Acres 0.69
Lot Size Units Acres
Lot Size Source Assessor
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Internal Only
Street Number 1 315
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* Excluded Features
List By
Askew Realty Group

Broker

lisaaskew3@gmail.com

Email

Affordability Calculator

$8,632
Per Month
97%
3%
0%
Monthly Principal & Interest
$8,382
Monthly Property Taxes
$250
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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
2009826 Elementary School
2009827 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/17/2024$1,200,000 Listed Price

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315 W Broadway Street, Newport, TN, 37821 is a Commercial Property for sale at $1,200,000 with 2,813 sqft and a lot size of 0.69. 315 W Broadway Street is a studio with 0.0 baths and was built in 1958. The property's zip code is 37821 which is in Newport, TN

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