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.