Darrin Breeden 865-607-9043

310 HWY 25E, Newport, TN 37821$429,000

Contact Darrin Breeden About MLS#: 611558 Phone: 865-607-9043 / Email: uwin@darrinbreeden.com
Property Type: Commercial Sale Baths: 2 Square Footage: 2,875 Lot Size (sq. ft.): 20,038 Status: Active
Current Price: $429,000 List Date: 10/04/2023 Last Modified: 10/04/2023

Description

PRICED TO SELL!!!! H&H Machine Shop is available. Located on one of the busiest highways in town, directly across from Cocke County's new INNOVATION PARK. This established business of almost 10 years is well known throughout the community and is ready for you to start day 1. The insulated bay area has a total of 2000sqft open space with two 14'x16' roll up doors (drive through). It comes equipped with a half bath, surveillance cameras covering the whole property, and a comfortable 575sqft one bath, one bed apartment at the back of the property.

More Information MLS# 611558

Contract Information

Current Price: $429,000 Original List Price: 675000 List Price: $429,000 Status: Active Listing Contract Date: 2023-03-08 Property Sub Type: Mixed Use Listing Agreement: Exclusive Right To Sell Buyer Brokerage Compensation: 2.5 Buyer Brokerage Compensation Type: % Sub Agency Compensation Type: % Transaction Broker Compensation Type: % Dual Or Variable Rate Commission YN: No Owner Name: HUDSON Occupant Type: Call Agent

Location, Tax, and Legal

Street Number: 310 Street Name: HWY 25E County: Cocke State: TN Postal Code: 37821 Civil District: 4 Tax Annual Amount: 833.11 Tax Year: 2023 Tax Map Number: 046D Parcel Number: 004.00 Sub Lot #: 2, Group: A

General Property Information

Bathrooms Total: 2 Building Area Total: 2875 Year Built: 2014 Avg Daily Traffic Count: 10,000 Lot Size Acres: 0.46 Lot Size Dimensions: IRIRIR Cooling YN: Yes Heating YN: Yes List Price/SqFt: 149.22

Remarks and Miscellaneous

Public Remarks: PRICED TO SELL!!!! H&H Machine Shop is available. Located on one of the busiest highways in town, directly across from Cocke County's new INNOVATION PARK. This established business of almost 10 years is well known throughout the community and is ready for you to start day 1. The insulated bay area has a total of 2000sqft open space with two 14'x16' roll up doors (drive through). It comes equipped with a half bath, surveillance cameras covering the whole property, and a comfortable 575sqft one bath, one bed apartment at the back of the property. Directions: FROM THE INTERSECTION OF HWY 25/70 W TAKE HWY 25E APPROXIMATELY 1 MILE BUSINESS WILL BE MARKED WITH SIGN LOCATED ON THE RIGHT

Status Change Information

Major Change Timestamp: 2023-10-04T15:13:28Z Major Change Type: Status Change Price Change Timestamp: 2023-09-08T20:35:11Z Status Change Timestamp: 2023-10-04 Back on Market Date: 2023-10-04

Building or Suite #1

Bldg or Suite Dimensions: 50'x40' Total SqFt: 2000 Manufacturing SqFt: 2000 Ceiling Height Min: 14' Ceiling Height Max: 20' Drive In Doors: 14' Building Age: 9yrs

Building or Suite #2

Bldg or Suite Dimensions: 15x20' Total SqFt: 300 Office SqFt: 300 Ceiling Height Max: 8'

Building or Suite #3

Bldg or Suite Dimensions: 16'x36' Total SqFt: 575 Ceiling Height Max: 8'

Deed Book Details

Deed Book: 1400 Deed Page: 323

Income and Expenses

Gross Scheduled Income: 269250 Insurance Expense: 8300 Maintenance Expense: 4974 Net Operating Income: 80870

Road Frontage Type

Road Frontage: HWY 25E

Property Features

Business Type: Auto Service; Manufacturing; Warehouse Construction Materials: Metal Siding; Wood Frame Cooling: Central Air Electric: 3 Phase Heating: Heat Pump Loading: Drive-in Door; Ground Level Door Lock Box Information: None Owner Pays: See Remarks Possession: Close Of Escrow Road Frontage Type: Highway; State Road Roof: Metal Utilities: Natural Gas Available; Sewer Connected; Fiber Internet Water Source: Public Showing Requirements: Call Listing Agent
Listing Office: Weichert, REALTORS - Tiger Real Estate
Last Updated: October - 04 - 2023
310 HWY 25E, Newport, TN 37821- MLS# 611558
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.