1010 Cosby Hwy

    Newport, TN 37821
    • $2,925,000
    • STATUS: Active
    • ON SITE: 48 days
    • ID#: 225278
    UPDATED: 59 min ago
    $2,925,000
    • 0
      BEDS
    • 2.75
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 49,663
      SQFT
    • $59
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1968
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Nai Koella | Rm Moore.


    Description

    This 94-unit Quality Inn features a highly accessible and visible site just off Interstate 40 Exit 435, about 40 miles east of Knoxville, TN. Originally a Holiday Inn, it features 94 interior and exterior corridor units, a climate-controlled two-story atrium with indoor pool and spa, two conference rooms, and a sizable restaurant with commercial kitchen and multiple dining rooms. The restaurant is non-operational and presents upside potential for additional revenue. The neighborhood offers a high density of hotels, motels, retail, and restaurants, including Holiday Inn Express, Hampton Inn, Knights Inn, Family Inn, Best Western Motel, Walmart Supercenter, Cracker Barrel Restaurant, and numerous quick-service restaurants.

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    Copyright 2019 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Colonial Real Estate. Information deemed reliable but not guaranteed. Last updated 2019-12-06T22:15:40.187.
    www.smokylistings.com/homes/100102183

    1010 Cosby Hwy Newport, TN 37821

    • Price: $2,925,000
    • Status: Active
    • Updated: 59 min ago
    • ID#: 225278
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.75
    Acres
    49,663
    SQFT
    $59
    $/SQFT
    1968
    Built
    Neighborhood:
    Quality Inn
    County:
    Cocke
    Area:
    Newport
    Property Description
    This 94-unit Quality Inn features a highly accessible and visible site just off Interstate 40 Exit 435, about 40 miles east of Knoxville, TN. Originally a Holiday Inn, it features 94 interior and exterior corridor units, a climate-controlled two-story atrium with indoor pool and spa, two conference rooms, and a sizable restaurant with commercial kitchen and multiple dining rooms. The restaurant is non-operational and presents upside potential for additional revenue. The neighborhood offers a high density of hotels, motels, retail, and restaurants, including Holiday Inn Express, Hampton Inn, Knights Inn, Family Inn, Best Western Motel, Walmart Supercenter, Cracker Barrel Restaurant, and numerous quick-service restaurants.
    Exterior Features

    Access Interstate FrontageUs Highway Construction BlockBrick VeneerStucco Exterior Features Onsite ParkingPaved ParkingPole SignRoof Sign Lot Front 139.33 Parking 106

    Interior Features

    Cooling Central ElectricWall Unit Heating Forced Air GasWall Heater Interior Features FurnitureRestrooms Rooms 97 Stories Two

    Property Features

    Annual Tax 34155 Business Name Quality Inn Commercial Type Fee Simple Improved Common Area Maintenance Per Month 0 Current Use Motel/Hotel District 06 Documents On File Aerial PhotoFinancial StatementSurvey Hoa Per Month 0 Lot Block Unit 0 Possession At Closing Proposed Financing CashConventional Restrictive Covenants Yes Sale Or Rent For Sale Suitable Use Motel/Hotel Tax Year 2018 Utilities Cable TvElectricGasPhoneSewerUtility Water Zoning C-3 Zoning Entity Newport

    Copyright 2019 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed.
    Copyright 2019 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Colonial Real Estate. Information deemed reliable but not guaranteed. Last updated 2019-12-06T22:15:40.187.
     
    Colonial Real Estate
    3049 Veterans Blvd
    Pigeon Forge TN, 37863
    Listing courtesy of Nai Koella | Rm Moore.