301 E Main St - Bank FOR SALE


Newport, TN 37821
$775,000 USD
615-301-2800
301 E Main St, Newport, TN for Sale
$775,000 USD
Bank - FOR SALE
1/7
null | Request Cap Rate

301 E Main St
Newport, TN 37821


HIGHLIGHTS

  • Sale-leaseback opportunity with national credit tenant occupancy (financial services)
  • Property is located with a federally designated Opportunity Zone
  • Downtown Newport location near Main St. and the riverfront

OVERVIEW

• Sale-Leaseback investment opportunity with national credit tenant occupancy • Downtown Newport location near Main Street and the riverfront • Surrounded by several new adaptive reuse projects to include new retail, residential and hotel. • Character-rich architecture with strong community presence • New HVAC System installed in 2025 • Long-term lease structure with national credit tenant with 7-year term with multiple 5-year renewal options • Multi-tenant configuration with additional leasable area • Value-add opportunity through lease-up or reconfiguration of remaining space • Property is located within a federally designated Opportunity Zone, which may provide potential tax advantages for qualified investors

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/SF

$52 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.21 AC

LAND SF

52,883 SF

ZONING

-

APN/PARCEL ID

047O-E-019.00

ASK ABOUT THIS PROPERTY

Liz CraigFoundry CommercialMore Info
615-301-2800

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Liz CraigFoundry CommercialMore Info
615-301-2800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.