Price Reduction - Seller Financing
Address
742 Thinwood Drive # 1 Newport, TN
Price
$ 179,000
Property Attributes
  • MLS#423765
  • TypeCommercial
  • CountyCOCKE
  • CityNewport
  • Zip37821
  • StyleBar/Tavern/Lounge,Restaurant
  • Year Built2002
  • Taxes1774
  • Price$ 179,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1520
  • Lot Size1.3 Acres
Listing Provided Courtesy Of:
MASSEY REALTY
Data Source:
Tennessee Virginia MLS
Property Description

MAKE AN OFFER! SELLER MAY FINANCE! GREAT MULTI-USE INVESTMENT OPPORTUNITY! (TURN KEY-FF & E) Stock the Coolers & Begin Making $$$ Day of Purchase If Choose to Re-open Restaurant, Furniture-Fixtures-Equipment are Included! Almost Everything Shown in Listing Pictures Conveys! Building Offers a Margarita Style Atmosphere with Bar and Indoor Seating of 74 & Private Fenced Outdoor Patio Offering Additional 50 Seats, A Band Stage, a Lg. Grill/Fireplace! Previously Awarded People's Choice for Best Atmosphere! Great Location, Just Off Hwy 25/70 with Current Average Daily Traffic Count Over 15,000! GREAT PROPERTY FOR ALMOST ANY TYPE BUSINESS, INCLUDING STORAGE BUILDINGS! The New Proposed TDOT Plans of Connecting Hwy 321 & Hwy 25/70 ADJOIN this Property, Providing Even More Traffic Exposure! This 1.3 Acre Property Easily Accommodates 50+ Parking Spaces w/Lots Room to Expand! Seller Will Not Lease! Owner May Consider Financing with 20% Down Payment & Approved Terms! Serious Inquiries Only, Please Call for Showing! REASONABLE OFFERS CONSIDERED! DRONE PICTURES USED IN LISTING.

Price History
6/29/2019 Listed $299,000
7/1/2019 17% - $249,000
7/11/2019 1% - $248,000
10/15/2019 5% - $238,000
2/11/2020 5% - $228,000
2/28/2020 2% - $225,000
6/5/2020 5% - $215,000
8/19/2020 1% - $214,900
10/9/2020 1% - $213,900
10/13/2020 1% - $212,900
10/13/2020 1% - $211,900
10/20/2020 1% - $210,900
10/27/2020 1% - $208,900
10/28/2020 1% - $207,900
11/5/2020 1% - $206,900
11/11/2020 1% - $205,900
11/18/2020 1% - $204,900
11/24/2020 1% - $203,900
12/1/2020 1% - $202,900
2/9/2021 2% - $199,000
3/25/2021 11% - $179,000

General Features

Business Type Bar/Tavern/Lounge, Restaurant
Financing Cash, Conventional, Indiv/Seller Financing
Heating Central, Heat Pump, Natural Gas
Other Equipment Delivery Doors, Dishwasher, Fire Alarm, Furniture, Gas Grill, Handicap Access, Inside Storage, Loading Dock(s), Machinery, Part Fenced, Refrigeration, Security System
Property Type C
Roof Metal
Sewer Public Sewer
Water Public
Zoning R

Interior Features

Number of Restrooms 3

Exterior Features

Exterior Finish Wood Siding
Lot Size 156X440
Number of Parking Spaces 50
Road Access City Street, Highway

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 37821

Price
AVG $370K
$180K
Taxes
AVG $8,184
$1,774
Visits
AVG 14
14
Year Built
AVG 1988
2002
Walkscore
AVG 28
27
Data Provided by Walkscore ® not using MLS data