2162 Parkway, Pigeon Forge, TN 37863
$5,500,000
Property Type:
Commercial Sale
Square Footage:
32,937
Lot Size (sq. ft.):
62,291
Status:
Active
Current Price:
$5,500,000
List Date:
9/19/2025
Last Modified:
2/10/2026
Description
Fee Simple interest in 3-story, 63-unit limited service hotel. Located on the primary artery for Sevier County's 15 million visitors. Highly accessible, high traffic count location. Indoor and outdoor pools, picnic pavilion, fitness room, meeting room with attached kitchen.
Seller will also consider offers to lease the hotel.
More Information MLS# 300879
Location, Tax, and Legal
Zip +4: 2995
City/County: City
Restrictive Covenants YN: Yes
Zoning: C-2
Zoning Entity: Pigeon Forge
Parcel Number: 115.00
Tax Lot: 1-R
Tax Annual Amount: 23264.3
Tax Year: 2023
City Tax: 2336
County Tax: 20928.38
Contract Information
Auction YN: No
Owner Name: Prosper Properties, LLC
Listing Agreement: Exclusive Right To Sell
Occupant Type: Owner
Association YN: No
Current Price: $5,500,000
Original List Price: 8000000
List Price: $5,500,000
Status: Active
Listing Contract Date: 2024-05-01
General Property Information
Number Of Buildings: 1
Stories Total: 3
Lot Size Dimensions: 180x368x204
Lot Size Acres: 1.43
Lot Size Source: Public Records
Building Area Source: Public Records
Business Name: Howard Johnson
Parking Total: 1
Bonus Room YN: No
Sign On Property YN: Yes
Construction Type: Site Built
List Price/SqFt: 166.99
Living Area: 32937
Year Built: 1971
Remarks and Miscellaneous
Public Remarks: Fee Simple interest in 3-story, 63-unit limited service hotel. Located on the primary artery for Sevier County's 15 million visitors. Highly accessible, high traffic count location. Indoor and outdoor pools, picnic pavilion, fitness room, meeting room with attached kitchen.
Seller will also consider offers to lease the hotel.
Directions: On the Parkway in Pigeon Forge, the property is located on the Southbound side of the Parkway, US 441, in the city of Pigeon Forge.
Status Change Information
Status Change Timestamp: 2025-09-19
Back on Market Date: 2025-09-19
Major Change Timestamp: 2026-02-10T19:00:16Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-02-10T19:00:16Z
Currently Not Used
Book/Page/Doc #: 5829/763
Association Amenities
Picnic Area: 1
Pool: 1
Construction Materials
Block: 1
Stucco: 1
Exterior Features
Lighting: 1
Other: 1
Frontage Type
Frontage Length: 204
Levels
Three Or More: 1
Listing Terms
Cash: 1
Conventional: 1
Fee Simple Improved: 1
Lock Box Information
None: 1
Lot Features
Level: 1
Paved: 1
Parking Features
On Site: 1
Paved: 1
Possession
Negotiable: 1
Road Frontage Type
City Street: 1
State Road: 1
Road Frontage Length: 204
Road Surface Type
Paved: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Phone Connected: 1
Sewer Connected: 1
Water Connected: 1
Water Source
Public: 1
Business Type
Hotel/Motel: 1
Showing Considerations
Occupied: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Listing Agent Must Accompany: 1
Showing Instructions: Contact listing agent to arrange showings; Listing agent must accompany
Location Tax and Legal
Street Number: 2162
Street Name: Parkway
County: Sevier
State: TN
Zip Code: 37863
Property Sub Type: Hotel/Motel
MLS Area Major: Pigeon Forge
Subdivision Name: None
Property Features
Association Amenities: Picnic Area; Pool
Business Type: Hotel/Motel
Construction Materials: Block; Stucco
Exterior Features: Lighting; Other
Levels: Three Or More
Listing Terms: Cash; Conventional; Fee Simple Improved
Lock Box Information: None
Lot Features: Level; Paved
Parking Features: On Site; Paved
Possession: Negotiable
Road Frontage Type: City Street; State Road
Road Surface Type: Paved
Sewer: Public Sewer
Utilities: Cable Available; Electricity Connected; Phone Connected; Sewer Connected; Water Connected
Water Source: Public
Showing Considerations: Occupied
Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany
Listing Office:
NAI Koella | RM Moore
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.