Parkway Commercial Development Property

Retail-Commercial for Sale
Catylist Listing ID: 28505214
Property Subtypes: Free-Standing Building, Mixed Use, Retail-Pad, Street Retail
Building Size (RSF): 4,988 SF
Gross Land Area: 2.10 Acres
Sale Price: $1,299,900
Unit Price: $260.61 PSF
Property Use Type: Investment
Building Name: Commercial Development Property
Sale Terms: Cash to Seller
Last Updated: 11/24/2022

Overview / Comments

Approx.2.1 acres with an approx.2,858 sq.ft. two story brick home (1985 each level)), detached garage, and multi-family building with 4 apartments. Located at a traffic-light corner at the Parkway (US 441) & Park Road. Shell/Pilot Station is across Park Road. Hardees and Arby's are across the Parkway. Land is level to gently rolling, fronts the Parkway (US 441) and Park Road, and has 1000 front feet on Little Pigeon River, with permit for river/boardwalk at water's edge around its perimeter. Sma;; portion in flood plain. The view of the Great Smoky Mountains is magnificent. Ideal site for restaurant, hotel, condominiums, residential.

* 2.1 + waterfront acreage with mountain view of Smokies
• Improved with brick home, garage, 4-plex apartment
• 1,000 feet on the Little Pigeon River
• Magnificent view of Great Smoky Mountains
• Traffic-light corner location
• Fronts the Parkway (US 441) and Park Road

Additional Details

Nearest MSA: Sevierville
County: Sevier
Tax ID/APN: 161 074.00
Zoning: C-4
Market Type: Medium
Retail Clientele: Family, Business, Traveler, Tourist, Recreation, Convention
Property Located Between: Hwy. 441-The Parkway
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: The Parkway
Feet of Frontage: 743
Traffic/Vehicle Count: 70,000
Highway Access: Parkway (US 441)
Airports: McGhee Tyson and local Sevierville airpost.
Site Description: 2.30-acre level to sloping riverfront tract, improved with a 2-story house, garage, and 4-unit apartment building. Located east of traffic stop- light at junction of The Parkway and Park Road. Neighboring businesses are: Shell/Pilot Oil Station, Directly across Parkway from Arby's . Near Hardees, Walmart, Governor's Crossing Retail Complex, Governor Crossing Theater, Orvis, Books a Million, Tanger Outlet Mall, and scores of hospitality venues within 1/4 mile. Dollywood is approx. 1 1/2 mi "as crow flies", and Pigeon Forge city limits lie approx. 1 mile from subject property. Frontage : approx. 743 on Park rd; approx 82ff on The Parkway; approx. 893 ff of shorefront on river
Area Description: Located in the resort town of Sevierville, one of the three tourist cities in Sevier County, along with Gatlinburg and Pigeon Forge. Close to the Great Smoky Mountains National Park, Ober Gatlinburg Ski Resort, Ripley's Aquarium of the Smokies, Glades Arts & Crafts Community, Dollywood Theme Park, Dolly's Splash Country Water Park, WonderWorks, The Titanic Museum, Smoky Mountain Opry, and a wide variety of restaurants, music/dinner theaters, outlet malls, quaint and unique craft shops, trout fishing, and hiking trails.
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 2
Property Condition: Average
Year Built: 1973
Year Renovated: 1985
Exterior Description: Brick
Parking Type: Surface
Parking Description: Onsite, paved , apartments graveled
Zoning Description: C-4
In Flood Plain?: Yes
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee-simple
Legal Description: Map 061, Parcel 074.00

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,242 18,435 31,766
Median Age: 37.58 38.42 39.4
Households: 2,461 7,307 12,540


Photograph of Listing Agent

Ron H Rader

NAI | RM Moore KAAR CIE Member
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