Commercial Building Over 60, 000 Sf - 852 W Hwy. 25/70 Newport, Tn 37821

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Commercial Building – Over 60,000 SF – 852 W Highway 25-70 – Newport, TN 37821 ONLINE ONLY BANKRUPTCY REAL ESTATE AUCTION 60,000 SF Commercial Building on 2.5+/- Acres in Newport BIDDING BEGINS TO CLOSE:Thursday, March 26that 12:00PM – Noon (ET) OPEN HOUSE:Tuesday, March 24thfrom 2:00-4:00PM (ET) SOLD BY THE ORDER OF THE UNITED STATES BANKRUPTCY COURT FOR THEEASTERN DISTRICT OF TENNESSEE AT KNOXVILLE – CASE NO. 3:25-30618-SHB This one-of-a-kind commercial property offers an extraordinary combination of history, scale, and versatility on 2.5+/- acres in Newport, Tennessee. Originally constructed in 1920 as a tobacco warehouse serving the surrounding region, the building has been thoughtfully improved and expanded over the decades — most recently serving as a cabinet retailer and granite counter fabrication facility. With approximately 3,525 SF of office space and the remainder comprised of expansive warehouse space, the property is ideally suited for a wide range of commercial, industrial, or mixed-use operations. Located less than 5 minutes from I-40, approximately 15 minutes to Dandridge, and 30 minutes to both Sevierville and Morristown, the location provides outstanding regional accessibility. Front Showroom & Office Area: The front showroom spans approximately 2,325 SF and is currently semi-divided into several functional zones, including a private office with closet and full bathroom featuring a walk-in shower that connects directly to a dedicated shop area within the warehouse — complete with its own rollup door — creating an entirely standalone workspace. Additional features of this area include: Men’s and women’s restroomsMechanical roomSmall officePrint/file room A second large showroom area offers heated and cooled space and includes: Large break room with full kitchen, bathroom, and utility closetTwo additional offices — one with stair access to an attic presenting the opportunity to be finished for additional square footageDoors leading directly into the main warehouse Warehouse & Operational Spaces: The warehouse portion of the building is anchored by a massive open floor area offering tremendous flexibility for storage, manufacturing, distribution, or any number of commercial uses. Additional warehouse features include: Rollup door from the parking area into a large concrete receiving zoneCovered storage shed with rollup door connecting to the main warehouseMultiple divided areas throughout the warehouse, each with rollup doors for standalone operational use — ideal for multi-tenant or departmental separationFour exterior rollup doors on the buildingSecond-floor storage available in select areas Granite Fabrication Wing: The current fabrication area is fully self-contained and exceptionally well-equipped, featuring a separate exterior entrance for completely independent access. This wing includes: Large private office with bathroom and storage closetDoors connecting to both the fabrication floor and the main warehouseAdditional small officeMen’s bathroom with lockers, shower, toilet stall, and urinalTwo rollup doors opening into the main warehouseDedicated mechanical roomLarge break room and kitchen Setting & Opportunity: Properties of this scale, character, and accessibility rarely come to market. Whether you’re an owner-operator seeking a versatile headquarters, an investor looking for a multi-tenant commercial asset, or a developer with a vision for adaptive reuse, this Newport property delivers the space, infrastructure, and location to make it a reality. PLEASE NOTE: Neither the seller or Powell Auction & Realty guarantee that the property will be cleaned out at the time of closing. Buyer is purchasing the property with any remaining personal property conveying to the Buyer at the time of closing. Cocke County Parcel / Tax ID: 046 084.00 Yearly Property Taxes: $6,928.57 – total yearly taxes | Cocke County only Lot Size: 2.5 +/- acres Year Built: 1920