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261 E Broadway St Newport, TN 37821
- Other / Resale (MLS)
Property Details for 261 E Broadway St, Newport, TN 37821
Facts
- Year Built: 01/01/1920
- Property ID: 898225677
- MLS Number: 11320575
- Property Type: Other
- County: COCKE
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. Located at 261 E Broadway, this former all-brick church boasts an impressive 50,000 +/-sq ft of versatile space, offering endless possibilities for developers and visionaries. Property Highlights: " Prime Location: Situated centrally in downtown Newport, this property is perfectly positioned for maximum accessibility and visibility. It's within walking distance to local amenities, businesses, and community attractions, making it an ideal location for various development projects. " Historic Charm: This iconic all-brick structure exudes historic charm, providing a unique foundation for redevelopment. Whether you're envisioning luxury apartments, a boutique hotel, a vibrant cultural hub, or mixed-use development, this property offers the perfect canvas. " Expansive Space: With approximately 50,000 sq ft of space, the potential is limitless. The large open areas within the building allow for flexible design and utilization, enabling you to bring your vision to life with ease. " Incredible Value: The latest Cocke County tax appraisal values this property at $1,167,000, highlighting its exceptional investment potential. As Newport continues to grow, this property offers a rare chance to contribute to the city's development while benefiting from a prime downtown location. Investment Potential: Newport is a community on the rise, rich in history and poised for a bright future. This property provides an unparalleled investment opportunity, allowing you to shape the future of downtown Newport and create something truly remarkable. Don't miss your chance to own a piece of Newport's history and drive the city's dynamic growth. Join us at the auction and take the first step toward realizing your development dreams.
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Property Brokerage:
JD's Realty and Auction
316 Market St
Clinton
TN
37716
Copyright © 2024 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.