555 Morrell Springs Road Newport, TN $ 575,000
555 Morrell Springs Road
$ 575,000
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555 Morrell Springs Road

Newport, TN, 37821
$ 575,000
Bedrooms-- Baths7.0 Sq 3,302

Monthly Estimate*

$ 3,540

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Commercial Property for sale in Newport, TN

for $575,000 with 7 full baths. This 3,302 square foot building was built in 1970 on a lot size of 0.82.

Prime commercial property located at 555 Morrell Springs Rd, offering excellent visibility, convenient access, and a versatile layout suitable for a wide range of business uses. Positioned just minutes from Downtown Newport, US-321, and I-40, this site provides direct connectivity throughout Cocke County and East Tennessee. The building offers over 3,300 sq ft of functional, adaptable space; ideal for retail, service-based operations, professional or medical offices, flex use, storage, or light industrial applications. The property also provides ample parking, level topography, and easy ingress/egress, supporting both customer-facing and operational needs. A unique feature is the running water along the property line, adding natural appeal to the site. This is a strong opportunity for investors or owner-operators seeking a well-positioned commercial space with excellent access and long-term potential.

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Commercial Pending

Price

$ 575,000

Full Bath

7

Property Type

Commercial

Taxes

$ 3,134

Style

Business

Lot Size

0.82

Year Built

1970

Town/City

Newport

County/Region

Cocke

MLS | Web ID

709710

Features
General
Sewer Public Sewer
Heating Central
Cooling Ceiling Fan(s) Central Air
Utilities Natural Gas Available Sewer Connected Water Connected Fiber Internet
Possession Close Of Escrow
Zoning Commercial
Construction Materials Asphalt Concrete
Year Built 1970
Property Subtype Business
Tax Year 2024
Parcel Number 056G E 01701 000
Business Type Commercial Restaurant
Waterfront Features Creek
County Cocke
Property Type Commercial Sale
Status Pending
Directions From I-40 Exit 435 turn right onto Heritage Blvd turn left onto Morrell Springs at the stop sign. Continue for almost a mile property will be on the left. Signs are present.
City Newport
Lot Size Units Acres
Lot Size Square Feet 35719.2
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 3134.35
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Standard Status Pending
Occupancy Type Call Agent
Legal Description Grease Rack // Plat Book F-32 Parcel ID Tax/ID 056G E 017.01
Senior Community None
New Construction None
Water Body Access Y/N None
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Exterior
Fencing Fenced Privacy Wood
Lot Features Cleared Level Paved Waterfront
Water Source Public
Lot Size Area 0.82
Building Area Total 3302.0
Lot Size Acres 0.82
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 7
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Internal Only
Street Number 1 555
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* Excluded Features
List By
Century 21 Legacy Gp

Broker

deannaparker94.dp@gmail.com

Email

Affordability Calculator

$3,802
Per Month
93%
7%
0%
Monthly Principal & Interest
$3,540
Monthly Property Taxes
$261
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2484365 Elementary School
2484217 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/28/2025$575,000 Listed Price

Map


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555 Morrell Springs Road, Newport, TN, 37821 is a Commercial Property for sale at $575,000 with 3,302 sqft and a lot size of 0.82. 555 Morrell Springs Road has 7.0 baths and was built in 1970. The property's zip code is 37821 which is in Newport, TN