$275,000 - 1665 Cosby Highway, Newport

Exceptional opportunity awaits with this versatile 3.12-acre property located just outside the Newport city limits on Cosby Highway. Zoned for both commercial and residential use, this property offers outstanding flexibility for a variety of potential uses. The acreage may be divided into three approximately 1-acre tracts, providing additional investment or development possibilities. Included on the property is a 1,200-square-foot building that previously operated as a pawn shop, featuring an open floor plan and two bathrooms. Surrounded by beautiful mountain views, this property offers a scenic setting with endless potential. Electric and public water are available, and the property has a previously approved septic permit that will require renewal. Conveniently located just 5 minutes from shopping, Interstate access, and downtown Newport, approximately 30 minutes from Gatlinburg, this property combines excellent accessibility with the beauty of East Tennessee. Contact Askew Realty Group today to schedule your private showing and explore everything this unique property has to offer.