Townsend - Ten Acres with Little River Shoreline

Vacant Land for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30805026
Property Subtypes: Hospitality, Retail, Vacation/Resort, Other
Gross Land Area: 10 Acres
Sale Price: $10,000,000
Unit Price: $1,000,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/10/2022

Overview / Comments

The Grant Enterprises Property

An amazing opportunity to purchase commercial property in Townsend, Tennessee. A property with almost ten acres on three parcels with a combined highway frontage estimated to be 1715 feet. And this property has an estimated 1910 feet of Little River river bank at the old mill dam that creates a dramatic water feature and quiet mill pond.

The location is just .5 miles east of the junction of US 321 and State Highway 73, 1.1 miles west of the entrance to GSMNP, 1.8 miles to the Townsend Wye, and 7.8 miles east of the Foothills Parkway.

There are several businesses presently operating through a lease on the property. There are nine weekly housing rental units, a 24-space RV Park with 10 tent sites, a 260-seat restaurant, and a river tubing business.

The operator of these businesses is cooperating with the sale of the property.

The land and building areas are taken from Blount County Tax Records and not by surveys. Areas should be confirmed by the Buyer or Buyer's agent.

Additional Details

Nearest MSA: Knoxville
County: Blount
Taxing Authority: Blount County
Tax ID/APN: 005097 064,00, 005097 06500, and 005097 066.00
Zoning: B 1 GENERAL BUSINESS, TOWNSEND
Property Located Between: E Lamar Alexander Parkway and Little River
Property Visibility: Excellent
Largest Nearby Street: East Lamar Alexander Parkway
Feet of Frontage: 1,690
Highway Access: Each parcel has frontage on East Lamar Alexander Parkway
Site Description: Generally, level with river frontage.
Area Description: Located in Townsend Tennessee known as The Peaceful Side of the Smoky Mountains

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,821 2,593
Median Age: 50.88 50.76
Households: 817 1,151

Contact

Photograph of Listing Agent

Frank Weiskopf, CCIM

Realty Executives Associates KAAR CIE Member
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