640 Cosby Hwy Newport, TN 37821

Check out this incredible investment property positioned in a prime location on Cosby Highway, just 1 mile from exit #435 on I40. This exit is one of the busiest in Tennessee and is minutes from Gatlinburg, Pigeon Forge and The Great Smoky Mountains. This property offers 184 feet of road frontage, 4 storefronts that consist of 5225 feet of marketable rental space situated on 1.15 Acres. Spacious parking lot and a new drive-thru installed in 2023. Additionally, this property offers a full-size unfinished basement with a large back lot that can be utilized for additional income. Other features include a asphalt shingle roof, fresh paint and a recently installed awning. Locally owned and operated for many years, this property has been well maintained. This shopping center is hitting the market for the first time and will prove to be a smart buy for any investor! Buyer or Buyer's Agent to verify exact measurements.