202 Sugar Hollow Road, Pigeon Forge, TN 37863
$1,030,000
Property Type:
Commercial Sale
Square Footage:
53,925
Lot Size (sq. ft.):
456,073
Status:
Closed
Current Price:
$1,030,000
List Date:
2/13/2012
Last Modified:
8/22/2024
Description
Unbelieveable price! You will not find another commercial/entertainment property that sits on 10.47 acres in the heart of Pigeon Forge. Formerly used as a church, and perfect for an entertainment venue, theatre, etc. Pigeon Forge has approx. 11,000,000 visitors a year. Pigeon forge is a tourist area with attractions including Dollywood, Dixie Stampede, Splash Country, outlet malls,ziplining, etc. Several hotels, restaurants, etc. Minutes to Gatlinburg and the Great Smoky Mountains National Park.One improvement to the property is the church's sanctuary building which contains a total building area of 35,800+/- square feet over two levels. The ground floo rhas a building area of 24,000+/- SF & includes the main auditorium with a seating capacity for 500+/- people, foyer with cafe, baptismal, gymnasium,office space, classroom areas & commercial kitchen. The second floor contains a building area of 11,800+/- SF & has been developed with general office areas, teaching rooms & sound/lighting room for the auditorium. This building was constructed in 1995. The second improvement to the property is apre-engineered metal building formerly used as a Youth Hall which has a building area of 8,125+/- SF including 2,200+/- SF of finished officespace. This building is piped for central heat & air. The third improvement to the property is the 2500 seat amphitheater with a covered area of 10,000+/- SF and sits 1,500+/-. The amphitheater includes two timber decks/patio areas offering additional seating & two concession stands. This improvement built in 1990 is original to the property & was remodeled in 1999. Property is zoned C-4 Recreational Business, City of Pigeon Forge.
More Information MLS# 172589
Location, Tax, and Legal
Restrictive Covenants YN: No
Zoning: C-4
Zoning Entity: Pigeon Forge
Tax Lot: 0
Tax Annual Amount: 13657
Tax Year: 2009
Contract Information
Owner Name: Evangelical Christian Credit Union
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: $1,030,000
Original List Price: 1495000
Sold Price: $1,030,000
Status: Closed
Listing Contract Date: 2012-02-13
General Property Information
Number Of Buildings: 3
Lot Size Acres: 10.47
Business Name: None
Bonus Room YN: No
Number of Bonus Rooms: 0
Sign On Property YN: No
List Price/SqFt: 27.72
Sold Price/SqFt: 19.1
Living Area: 53925
Year Built: 1995
Remarks and Miscellaneous
Public Remarks: Unbelieveable price! You will not find another commercial/entertainment property that sits on 10.47 acres in the heart of Pigeon Forge. Formerly used as a church, and perfect for an entertainment venue, theatre, etc. Pigeon Forge has approx. 11,000,000 visitors a year. Pigeon forge is a tourist area with attractions including Dollywood, Dixie Stampede, Splash Country, outlet malls,ziplining, etc. Several hotels, restaurants, etc. Minutes to Gatlinburg and the Great Smoky Mountains National Park.One improvement to the property is the church's sanctuary building which contains a total building area of 35,800+/- square feet over two levels. The ground floo rhas a building area of 24,000+/- SF & includes the main auditorium with a seating capacity for 500+/- people, foyer with cafe, baptismal, gymnasium,office space, classroom areas & commercial kitchen. The second floor contains a building area of 11,800+/- SF & has been developed with general office areas, teaching rooms & sound/lighting room for the auditorium. This building was constructed in 1995. The second improvement to the property is apre-engineered metal building formerly used as a Youth Hall which has a building area of 8,125+/- SF including 2,200+/- SF of finished officespace. This building is piped for central heat & air. The third improvement to the property is the 2500 seat amphitheater with a covered area of 10,000+/- SF and sits 1,500+/-. The amphitheater includes two timber decks/patio areas offering additional seating & two concession stands. This improvement built in 1990 is original to the property & was remodeled in 1999. Property is zoned C-4 Recreational Business, City of Pigeon Forge.
Directions: From I-40, take Exit 407 onto Hwy 66 (Pkwy, 411, 321) towards Sevierville, Pigeon Forge. Follow into Pigeon Forge to L on Sugar Hollow. Go approx .2 miles to property on R.
Status Change Information
Status Change Timestamp: 2012-08-15
Buyer Financing: Cash
Major Change Timestamp: 2012-08-15T05:33:59Z
Major Change Type: Status Change
Purchase Contract Date: 2012-05-30
Close Date: 2012-08-15
Close Price: 1030000
Currently Not Used
Book/Page/Doc #: 3252, 647
Basement
None: 1
Construction Materials
Block: 1
Steel Frame: 1
Cooling
Central Air: 1
Electric: 1
Heat Pump: 1
Documents Available
Appraisal: 1
Exterior Features
Lighting: 1
Heating
Central: 1
Forced Air: 1
Natural Gas: 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Fee Simple Improved: 1
Other Structures
Outbuilding: 1
Parking Features
On Site: 1
Paved: 1
Possession
Close Of Escrow: 1
Road Frontage Type
City Street: 1
Highway: 1
Road Surface Type
Paved: 1
Security Features
Fire Sprinkler System: 1
Security System: 1
Special Listing Conditions
In Foreclosure: 1
Income and Expenses
Maintenance Expense: 0
Building Features
Fixtures: 1
Reception Area: 1
Recreation Facilities: 1
Restrooms: 1
Storage: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Showing Instructions: *Owner financing available to qualified buyers. Property is suitable for a variety of commercial development including condominiums, timeshare & service business, etc. Commission: Selling Broker will receive 2.5% of the first million dollars of the sales price and 1.5% of the sales price above one million. *Square footage and acreage deemed to be correct but not guaranteed.
Location Tax and Legal
Street Number: 202
Street Name: Sugar Hollow
Street Suffix: Road
County: Sevier
State: TN
Zip Code: 37863
Property Sub Type: Other
MLS Area Major: Pigeon Forge
Subdivision Name: Other
Property Features
Basement: None
Building Features: Fixtures; Reception Area; Recreation Facilities; Restrooms; Storage
Construction Materials: Block; Steel Frame
Cooling: Central Air; Electric; Heat Pump
Documents Available: Appraisal
Exterior Features: Lighting
Heating: Central; Forced Air; Natural Gas
Levels: Two
Listing Terms: Cash; Conventional; Fee Simple Improved
Other Structures: Outbuilding
Parking Features: On Site; Paved
Possession: Close Of Escrow
Road Frontage Type: City Street; Highway
Road Surface Type: Paved
Security Features: Fire Sprinkler System; Security System
Special Listing Conditions: In Foreclosure
Showing Requirements: Appointment Only; Call Listing Agent
Listing Office:
THOMPSON CARR REAL ESTATE LLC
Last Updated: August - 22 - 2024
Information deemed reliable but not guaranteed.