$929,900
Newport, TN 37821
MLS# 9952604
10716 sqft
1 / 51
Property Description
OWNER FINANCING AVAILABLE with agreeable terms. Schedule your private showing today. Great business opportunity! Conveniently located off I-40. 247 feet of highway road frontage. Situated on 1.9 acres with over 50 parking spaces. Paved parking lot. You could own your own bowling alley which has active youth and adult leagues. This bowling alley has 12 lanes. Comes with everything you need to keep this running as a bowling alley if you choose to do so. Air hockey table, video games, vending machines and much more are located in the main area of the building. Roof is approx 10 years old. Comes with a separate apartment located in the back of the building with it's own entrance. Can be accessed from inside the bowling alley or the outside of the building. The apartment is a 1 Bed 1 Bath space. Has the potential to be a 2 bedroom space. Comes with microwave, range, washer and dryer hook ups. Could be used to live in for yourself or to rent and add to your revenue! Asking price is based on competitive sales in the area. Business income is a bonus!
Details
Maps
Location, Tax & Legal Info
Street #: 977
Street Name: Highway 25-70
County: Cocke
State/Province: TN
Zip Code: 37821
Area: 208 - Cocke County
Deed Book #: 1461
Deed Page #: 699
Parcel ID: 046 129.00
County Taxes: 3660.77
Contract Info
Status: Active
Listing Price: 929900
Current Price: $929,900
List Price/SqFt: 86.78
Listing Date: 2023-06-03
Foreclosure: No
Short Sale: No
Auction: No
General Property Description
Lease: No
Lot Size: 1.9 ACRES
Acres: 1.9
Zoning: N
Year Built: 1961
Total SqFt: 10716
Total SqFt Finished: 10716
# Parking Spaces: 50
HOA Y/N: No
Road Frontage Length: 247
Remarks & Misc
Public Remarks: OWNER FINANCING AVAILABLE with agreeable terms. Schedule your private showing today. Great business opportunity! Conveniently located off I-40. 247 feet of highway road frontage. Situated on 1.9 acres with over 50 parking spaces. Paved parking lot. You could own your own bowling alley which has active youth and adult leagues. This bowling alley has 12 lanes. Comes with everything you need to keep this running as a bowling alley if you choose to do so. Air hockey table, video games, vending machines and much more are located in the main area of the building. Roof is approx 10 years old. Comes with a separate apartment located in the back of the building with it's own entrance. Can be accessed from inside the bowling alley or the outside of the building. The apartment is a 1 Bed 1 Bath space. Has the potential to be a 2 bedroom space. Comes with microwave, range, washer and dryer hook ups. Could be used to live in for yourself or to rent and add to your revenue!
Asking price is based on competitive sales in the area. Business income is a bonus!
Directions: Take HWY 321 towards Newport. Turn R onto E Main Street. Go through the traffic light by Walgreens and continue straight on W HWY 25-70. Property in on the left (Victory Lanes).
Property Features
Property Condition: Average
Business Type: Recreation; See Remarks
Exterior Finish: Block
Other Equipment: Machinery
Roof: Rubber; Shingle
Electric Service: 220 Volts
Development Status: See Remarks
Heating: Natural Gas
AC: Central Air
Water: Public
Sewer: Septic Tank
Road Access: Highway
Info Available: Deed Restrictions
Restrictions: Deed
Easements: None
Financing: Cash; Conventional; Indiv/Seller Financing
Existing Finance: None
Sale Includes: Business Only; See Remarks
Listing Office: Country Living Realty
Last Updated: January - 18 - 2024
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.