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2110 Highway 160

Newport, TN 37821
  • $289,000
  • STATUS: Active
  • ON SITE: 100 Days
  • MLS #: 9952962
UPDATED: 80 min ago
$289,000
  • 2
    BEDS
  • 10.5
    ACRES
  • 1
    BATHS
  • 2
    1/2 BATHS
  • 1,192
    SQFT
  • $242
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1980
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

This versatile unrestricted residential/commercial property offers endless possibilities as it can potentially be rezoned for residential use or maintained as a dual-purpose business and residence. An extraordinary investment opportunity awaits ambitious entrepreneurs. With 1 acre of commercial zoning and an additional 9.5 acres designated for residential purposes, there are no limits to your creative endeavors. Located on a prominent highway between Newport and Morristown, this fully equipped coffee shop is ready for immediate operation. Complete with two kitchens, the coffee shop accommodates all baking needs with an indoor kitchen, while an outdoor grill adds culinary flexibility. Serving coffee, breakfast, and lunch during the day, this establishment also features an outdoor grill kitchen for evening patrons. The cozy cafe-style interior offers various seating options, including plush sofas and chairs or traditional dining tables, catering to individual preferences. Outside, a welcoming patio awaits, equipped with a bar, pool table, and jukebox for relaxation and entertainment after a busy day. Should this particular venture not align with your dream pursuit, fear not! The business easily adapts to your desires. Additionally, the property already includes an off-grid tiny home and a primitive cabin, providing extra value and expansion possibilities. Significant updates have been made, such as electrical enhancements, installation of two new kitchens and two new bathrooms, acquisition of new restaurant equipment, and the addition of a French drain. Renovations totaling approximately $90,000 ensure a modern and well-appointed establishment. Don't miss this exceptional opportunity to explore the potential of owning your own business. Come see this remarkable property firsthand and embark on an exciting entrepreneurial adventure.

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© 2023 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2023-09-23T00:00:11.66.
www.highlandsrealtyinc.com/homes/140549696
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2110 Highway 160 Newport, TN 37821

  • Price: $289,000
  • Status: Active
  • On Site: 100 Days
  • Updated: 80 min ago
  • MLS #: 9952962
2
Beds
1
Baths
2
½ Baths
10.5
Acres
1,192
SQFT
$242
$/SQFT
1980
Built
Neighborhood:
Not In Subdivision
County:
Cocke
Area:
Cocke County
Elementary School:
Centerview
Middle School:
None
High School:
Cocke Co
Property Description
This versatile unrestricted residential/commercial property offers endless possibilities as it can potentially be rezoned for residential use or maintained as a dual-purpose business and residence. An extraordinary investment opportunity awaits ambitious entrepreneurs. With 1 acre of commercial zoning and an additional 9.5 acres designated for residential purposes, there are no limits to your creative endeavors. Located on a prominent highway between Newport and Morristown, this fully equipped coffee shop is ready for immediate operation. Complete with two kitchens, the coffee shop accommodates all baking needs with an indoor kitchen, while an outdoor grill adds culinary flexibility. Serving coffee, breakfast, and lunch during the day, this establishment also features an outdoor grill kitchen for evening patrons. The cozy cafe-style interior offers various seating options, including plush sofas and chairs or traditional dining tables, catering to individual preferences. Outside, a welcoming patio awaits, equipped with a bar, pool table, and jukebox for relaxation and entertainment after a busy day. Should this particular venture not align with your dream pursuit, fear not! The business easily adapts to your desires. Additionally, the property already includes an off-grid tiny home and a primitive cabin, providing extra value and expansion possibilities. Significant updates have been made, such as electrical enhancements, installation of two new kitchens and two new bathrooms, acquisition of new restaurant equipment, and the addition of a French drain. Renovations totaling approximately $90,000 ensure a modern and well-appointed establishment. Don't miss this exceptional opportunity to explore the potential of owning your own business. Come see this remarkable property firsthand and embark on an exciting entrepreneurial adventure.
Exterior Features

Construction Site Built Exterior Finish Block Lot Dimensions Irr/Irr/Irr/Irr Parking Features Gravel Porch Patio Deck CoveredEnclosed Roof AsphaltShingle Sqft Details Garage Total Sqft 0 Style Other Topography Lot Description Rolling SlopeWooded View Creek/Stream Walls Other

Interior Features

Ac Central AirWindow Unit(S) Appliances DishwasherDryerMicrowaveOtherRangeRefrigeratorSee RemarksWasher Fireplace Wood Burning Stove Flooring Concrete Heating CentralElectricWood Stove Interior Features Remodeled Laundry Features Electric Dryer HookupWasher Hookup Number Fireplaces 1 Sqft Details Basement Total Sqft 0 Sqft Details Finished Sqft Level1 1192 Total Rooms 6 Total Sqft 1192.00 Total Sqft Unfinished 0.00

Property Features

Auction No City Taxes 0.00 County Taxes 588.15 Financing CashConventional Foreclosure No Home Warranty No Property Condition Updated/Remodeled Sewer Septic Tank Short Sale No Water Public Zoning Yes

Listing information © 2023 Tennessee/Virginia Regional MLS.
Listing provided courtesy of Sherry Blazer of Elite Realty Group: (423) 307-8566.



© 2023 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2023-09-23T00:00:11.66.
 
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