1154 & 1156 Wears Valley Road, Pigeon Forge, TN 37863
$990,000
Property Type:
Commercial Sale
Square Footage:
10,769
Lot Size (sq. ft.):
60,984
Status:
Closed
Current Price:
$990,000
List Date:
3/02/2020
Last Modified:
8/23/2024
Description
This parcel is located on the north side of Wears Valley Road (US 321) within the city limits of Pigeon Forge. It is located 1.8 miles west of the intersection of Wears Valley Road and the Parkway (US 441). There is 235 feet of highway frontage on Wears Valley Road with ready access. This mixed-use property presents an attractive investment and development opportunity within the city limits of Pigeon Forge, a primary tourist destination. The 1.4-acre parcel is improved with a daycare center on the right hand side, a two-story building with office space on the first floor and an apartment on the second floor on the left hand side, and two connected warehouse units on the back side. The daycare center and the office space are occupied by tenants. The apartment and warehouse are ready for occupation. The property is zoned C-6 and R-2. This property is part of three adjacent listings with a combined acreage of approximately 11 acres. Contact the listing brokers for possibilities to purchase a combination of these properties.
More Information MLS# 227197
Location, Tax, and Legal
Restrictive Covenants YN: Yes
Zoning: C-6
Zoning Entity: Pigeon Forge
Tax Lot: 00
Tax Annual Amount: 1413
Tax Year: 2019
Contract Information
Owner Name: Marsh
Listing Agreement: Exclusive Right To Sell
Rental History Gross Amount 1: 0
Rental History Year 1: 0
Rental History Gross Amount 2: 0
Rental History Year 2: 0
Association Fee: 0
Current Price: $990,000
Original List Price: 999000
Sold Price: $990,000
Status: Closed
Listing Contract Date: 2020-03-02
General Property Information
Number Of Buildings: 4
Lot Size Dimensions: 235/362//
Lot Size Acres: 1.4
Business Name: None
Bonus Room YN: No
Number of Bonus Rooms: 0
Sign On Property YN: Yes
List Price/SqFt: 92.77
Sold Price/SqFt: 91.93
Living Area: 10769
Year Built: 1982
Remarks and Miscellaneous
Public Remarks: This parcel is located on the north side of Wears Valley Road (US 321) within the city limits of Pigeon Forge. It is located 1.8 miles west of the intersection of Wears Valley Road and the Parkway (US 441). There is 235 feet of highway frontage on Wears Valley Road with ready access. This mixed-use property presents an attractive investment and development opportunity within the city limits of Pigeon Forge, a primary tourist destination. The 1.4-acre parcel is improved with a daycare center on the right hand side, a two-story building with office space on the first floor and an apartment on the second floor on the left hand side, and two connected warehouse units on the back side. The daycare center and the office space are occupied by tenants. The apartment and warehouse are ready for occupation. The property is zoned C-6 and R-2. This property is part of three adjacent listings with a combined acreage of approximately 11 acres. Contact the listing brokers for possibilities to purchase a combination of these properties.
Directions: From the Parkway (US 441) in Pigeon Forge, turn at Light #3 onto Wears Valley. Go 1.8 miles to property on Right at corner of Wears Valley Road and Chapel Way.
Status Change Information
Status Change Timestamp: 2021-05-12
Buyer Financing: Conventional
Major Change Timestamp: 2021-05-12T05:39:07Z
Major Change Type: Status Change
Purchase Contract Date: 2021-03-31
Close Date: 2021-05-12
Close Price: 990000
Currently Not Used
Book/Page/Doc #: 5176, 624
Listing Terms
Cash: 1
Conventional: 1
Fee Simple Improved: 1
Parking Features
On Site: 1
Possession
Negotiable: 1
Subject To Tenant Rights: 1
Road Frontage Type
City Street: 1
Road Surface Type
Paved: 1
Utilities
Phone Available: 1
Sewer Connected: 1
Water Connected: 1
Income and Expenses
Maintenance Expense: 0
Possible Use
Multi-Family: 1
Office: 1
Retail: 1
Other: 1
Business Type
Professional/Office: 1
Residential: 1
Warehouse: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Showing Instructions: Agents: Please do not disturb business operations. Contact listing agent to arrange showings.
Location Tax and Legal
Street Number: 1154 & 1156
Street Name: Wears Valley
Street Suffix: Road
County: Sevier
State: TN
Zip Code: 37863
Property Sub Type: Other
MLS Area Major: Pigeon Forge
Subdivision Name: Other
Property Features
Business Type: Professional/Office; Residential; Warehouse
Listing Terms: Cash; Conventional; Fee Simple Improved
Parking Features: On Site
Possession: Negotiable; Subject To Tenant Rights
Possible Use: Multi-Family; Office; Retail; Other
Road Frontage Type: City Street
Road Surface Type: Paved
Utilities: Phone Available; Sewer Connected; Water Connected
Showing Requirements: Appointment Only; Call Listing Agent
Listing Office:
NAI Koella | RM Moore
Last Updated: August - 23 - 2024
Information deemed reliable but not guaranteed.