Commercial Property and Business for Sale - Multiple Permitted Uses

Retail-Commercial for Sale
Also listed as Business Opportunity
Catylist Listing ID: 30824414
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail, Other
Building Size (RSF): 3,040 SF
Gross Building Area: See Agent
Gross Land Area: 1 - 1.20 Acres
Sale Price: $1,350,000
Unit Price: $444.08 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/18/2022

Overview / Comments

Currently, owner/operated business out of the original ~1,200 sq ft (now that former back patio is enclosed) dwelling that has been completely gutted and updated to accommodate the functioning of a Salt Water Aquarium/Corrals business. Updates include roof, root cellar and fully encapsulated crawl space, flooring and concrete support, insulation, gravel driveway, plumbing, etc...
Additional, ~1,200+ sq ft. 2 bed/2 bath manufactured home (less than 2 years old) on property, as well as ~600 sq ft original cottage.
Sellers prefer to sell as entire business, including but not limited to: live fish, live corrals, all tanks, lighting, salt water, overhead racks, filtration systems, etc..., as well as all other assets related to the business.
Listed along with 3 other adjacent parcels all being sold and all with a wide variety of permitted uses, to include things like: short terms rentals, long term rentals, light commercial businesses, owner/operated live/work dwellings, multi-family, hotels/motels and more. Great investment property and/or development opportunity.

Additional Details

Nearest MSA: Sevierville
County: Sevier
Taxing Authority: Sevierville, Sevier County
Tax ID/APN: 078049B A 00301
Zoning: COMMERCIAL - IC - C3
Retail Clientele: Family, Business, Traveler, Tourist
Property Located Between: Winfield Dunn Pkwy and Old Douglas Dam; Allensville Rd. and Old Douglas Dam Rd.
Property Visibility: Good
Largest Nearby Street: Winfield Dunn Pkwy
Feet of Frontage: 117
Highway Access: Hwy 441 less than 1 mile; ~7miles to I-40
Airports: Regional: Gatlinburg-Pigeon Forge; National: McGhee Tyson Airport
Site Description: Commercially zoned property with residential dwellings and a variety of permitted uses in high growth, high traffic area of Sevierville.
Area Description: Located in the foothills of the Great Smoky National Park, Sevierville Tennessee is a beautiful area in the Smokies filled with amazing attractions, shopping, shows, dining and so much more that you can’t find anywhere else! Sevierville is also the hometown of Grammy Award winning songwriter, singer and actress, Dolly Parton. Sevierville is known for it’s lodging, shopping, and amusement attractions. There are a variety of galleries, boutiques, antique malls, flea markets, outdoor stores, moonshine tasting and much more. The famous Tanger outlet, Dick's Sporting Goods, Ulta Beauty, Hobby Lobby and more are in close proximity. Area Fun Facts: - 11 million tourists annually - Over 1.5 Billion Dollars in sales for the second year in a row - Per Capita Sales of more than $90,000 - Sevierville is the number one shopping destination in the Smokies
Tenancy: Single Tenant
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Excellent
Year Built: 1900
Year Renovated: 2021
Roof Type: Gable
Construction/Siding: Concrete
Exterior Description: Main Bldg: Concrete board exterior siding, gable metal roof, poured concrete slab front porch, gravel parking/entry
Parking Type: Surface, Other
Parking Description: Gravel surface level parking in front of bldg and multiple spaces available in the back, including covered RV parking
Sprinklers: None
Heat Type: Electricity, Natural Gas, Hot Water
Heat Source: Central, Other
Air Conditioning: Other
Internet Access: Cable
Interior Description: Main Dwelling currently used as owner/operated commercial business (aquarium). Manufactured home on site less than 2 years old is open concept with gas and beautiful finishes. Cottage currently being rented and used as commercial business (freshwater aqaurium).
Zoning Description: Commercial - C3 - IC (Intermediate Commercial)
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Mortgage
Legal Description: Parcel ID/Tax ID: 049B A 003.01 Subdivision: Love Addn Plat Book/Page: 45/389 Block/Lot: /45 District/Ward: 05 Description: 51&52

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,682 21,289 26,410
Median Age: 37.84 38.61 38.7
Households: 691 8,400 10,409


Photograph of Listing Agent

LIsa McNealy

Keller Williams Signature
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