Description
Currently leased for $1250.00 month to Perfect Peace Bakery and Catering with a Restaurant. Keep tenant or do whatever you want with this 4500 sq ft bldg. located downtown Newport at the intersection of Highway 25/70 and Highway 321 with approximate 14,000 daily traffic count according to TDOT. Plenty of City Parking across the street and just down the road a bit. Seller has vamped this building for a Restaurant / Bakery which is a need downtown. All the equipment stays except a few pieces the tenant owns. The upstairs has access to another entrance from the road to create living quarters which would make a really neat apartment downtown or expand a business for many uses. Next Door is for sale as well which would be a very nice investment for a Brewery or other with a restaurant already in place for food needs (just take out a wall and bam there you are). Tenant pays utilities, Owner pays taxes, insurance and maintenance. Shown by appointment only please. Thanks
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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4,500SQFT
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$40$/SQFT
School Ratings & Info
Description
Currently leased for $1250.00 month to Perfect Peace Bakery and Catering with a Restaurant. Keep tenant or do whatever you want with this 4500 sq ft bldg. located downtown Newport at the intersection of Highway 25/70 and Highway 321 with approximate 14,000 daily traffic count according to TDOT. Plenty of City Parking across the street and just down the road a bit. Seller has vamped this building for a Restaurant / Bakery which is a need downtown. All the equipment stays except a few pieces the tenant owns. The upstairs has access to another entrance from the road to create living quarters which would make a really neat apartment downtown or expand a business for many uses. Next Door is for sale as well which would be a very nice investment for a Brewery or other with a restaurant already in place for food needs (just take out a wall and bam there you are). Tenant pays utilities, Owner pays taxes, insurance and maintenance. Shown by appointment only please. Thanks
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