Strip Center - Convenience/Grocery Store - Retail Trade

Shopping Center for Sale
Catylist Listing ID: 30709400
Property Subtypes: Fashion/Specialty, Free-Standing Store, Strip Center
Building Size (RSF): 5,000 SF
Gross Land Area: 20,000 SF
Sale Price: $675,000
Unit Price: $135 PSF
Ceiling: 12 ft.
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Pine Mountain Plaza
Usable Size (USF): 5,000 SF
Sale Terms: Cash to Seller
Cap Rate: 9.0%
Last Updated: 2/24/2021

Overview / Comments

Ideal Opportunity For Business Entrepreneurs! Strip Center Located Only 375 Ft Off Dolly Parton Parkway In Heart Of Pigeon Forge! Perfect Location For Convenience/Grocery Store, Restaurant(s), Pizza Store/Delivery, Specialty Stores, Beauty/Nail Salon Catering To Tourism Industry & Locals Located With Good Visibility Approx. 375 Ft Off Dolly Parton Parkway In The Heart Of Pigeon Forge In The Great Smoky Mountains Highest Traffic Count In Tourist Mecca Of Tennessee.

Additional Details

Nearest MSA: Sevierville
County: Sevier
Taxing Authority: Sevier County & City of Pigeon Forge
Tax ID/APN: 078094C C 03001
Zoning: C-2
Retail Clientele: Family, Business, Traveler, Tourist, Recreation
Property Visibility: Good
Largest Nearby Street: Dolly Parton Parkway
Feet of Frontage: 144
Traffic/Vehicle Count: 40,000
Highway Access: Dolly Parton Parkway
Airports: Knoxville McGee Tyson Airport
Site Description: Excellent Location Visible From Dolly Parton Pkwy In The Heart Of Thriving Pigeon Forge, TN #1 Destination And Tourist Mecca Coupled With The # 1 Most Visited National Park The Great Smoky Mountains! Appealing Brick Front Masonry Commercial Zoned Building Built In 1982 Features 5 Retail Or Office Suites (5000 SF Finished) . 6700 SF Of Concrete Paving For Customers & Employee Parking At The Rear Of The Building With Individual Access To All Suites. Wall Partitions Between Suites May Be Removed And Ceilings Raised Similar To Suite 1 Where The Cabin Rental Business Is Located.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,250 SF
Property Condition: Average
Year Built: 1982
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: Brick Veneer Front Elevation, Extensive Large Glass Display Windows (Insulated Aluminum Replaced Since 2005. Shingle Roof Replaced 2017, Great Location For Grocery/Convenience Store, Restaurant(s), Beauty/Nail Salon, Specialty Store!
Parking Type: Surface
Parking Description: Level Concrete Parking Offers 144 Ft Street Frontage Very Convenient Access . Highest And Best Use For Convenience OR Liquor Store, Beauty Salon, Tanning Bed/Massage, Boutique Shoppe, Professional Offices.
Total Parking Spaces: 20
Sprinklers: None
Heat Type: Electricity
Heat Source: Heat Pump
Internet Access: Cable, T1/T3, Fiber Optic
Interior Description: 5 Independent Suites, One Suite Has Been Recently Renovated By Present Tenant (Cabin Rental Business, Unit 1) New Suite Features Higher 11-12 Ft Ceilings. Beauty Salon Occupies One of Suites. Remaining 3 Suites are 1250 SF Each And Are In Fair To Average Condition.
Zoning Description: C-2
Lot Frontage: 144
Lot Depth: 182
Water Service: Municipal
Sewer Type: Municipal
Easements: Water Rights, Utilities
Easements Description: Typical utility easements at front, side and rear boundary lines.
Land Ownership: Estate of Mary Eblen
Legal Description: Hillsboro Acres

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,616 8,136 26,206
Median Age: 45.8 40.36 40.6
Households: 642 3,184 10,409

Contact

Photograph of Listing Agent

Philip E Cobble

Phil Cobble Fine Homes & Land
KAAR CIE Member
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