Landmark Commercial Opportunity in Downtown NewportPresenting a rare investment opportunity in the heart of Newport, TN--261 East Broadway. This historic all-brick church and school originally built in 1920 and renovated in 1965, offers over 54,000 square feet of versatile space, making it ideal for developers and visionaries alike. ?Property Highlights:Prime Downtown Location: Situated centrally in downtown Newport, this property boasts maximum accessibility and visibility. It's within walking distance to local amenities, businesses, and community attractions, making it an ideal location for various development projects. ?Historic Charm: This iconic all-brick structure exudes historic charm, providing a unique foundation for redevelopment. Whether you're envisioning luxury apartments, a boutique hotel, a vibrant cultural hub, or mixed-use development, this property offers the perfect canvas. ?Expansive Space: With approximately 54,000 sq ft of space, the potential is limitless. The large open areas within the building allow for flexible design and utilization, enabling you to bring your vision to life with ease. ?Incredible Value: The latest Cocke County tax appraisal values this property at $1,167,000, highlighting its exceptional investment potential. As Newport continues to grow, this property offers a rare chance to contribute to the city's development while benefiting from a prime downtown location. ?Investment Potential: Newport is a community on the rise, rich in history and poised for a bright future. This property provides an unparalleled investment opportunity, allowing you to shape the future of downtown Newport and create something truly remarkable. ?

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