3378 Wears Valley Road, Sevierville, TN 37862

$955,000
Property Type: Commercial Sale Square Footage: 2,160 Lot Size (sq. ft.): 39,204 Status: Closed
Current Price: $955,000 List Date: 7/10/2017 Last Modified: 8/23/2024

Overview

Description

Marathon Gas Station (formerly BP). Opportunity to own a THRIVING family business in the heart of Wears Valley. Adjacent to the proposed entry/exit ramps of the Foothills Parkway, tentatively scheduled to open in the year 2016, and the exit ramp will drop traffic almost into the front entrance of this station. Numerous locals gather and eat here every day. The property fronts scenic US highway 321 (Wears Valley Road) where thousands of vehicles traverse daily. Dual pumps with fueling stations on both sides, diesel and gasoline, kerosene tanks, small dining area inside plus covered picnic tables with mountain views outside. Full service kitchen featuring deli sandwiches, burgers and chicken baskets, pizza station, fresh salads and Soft-serve ice cream. Fast growing area, 2-miles to Metcalf Bottoms and the entrance to the National Park (home to over 12 million visitors annually), close proximity to numerous cabins on rental programs through-out the seasons.

Listing Details MLS# 210967

General Property Information

Number Of Buildings
Yes
Lot Size Acres
0.9
Living Area
2160
Business Name
Wears Country Market
Year Built
1993
Bonus Room YN
No
Sign On Property YN
No
List Price/SqFt
434.72
Sold Price/SqFt
442.13
Number of Bonus Rooms
0

Property Features

Basement: None Building Features: Fixtures; Inventory; Restrooms; Storage Construction Materials: Block; Frame; Steel Frame; Stone; Stucco Cooling: Central Air Electric: 220 Volts Heating: Central Listing Terms: Fee Simple Improved Other Structures: Outbuilding Parking Features: On Site; Paved Possession: Close Of Escrow Possible Use: Retail Road Frontage Type: Highway Security Features: Security System Sewer: Septic Tank Utilities: Electricity Connected; Natural Gas Connected; Water Connected Window Features: Display Window(s) Showing Requirements: 24 Hour Notice

Location Tax and Legal

Street Number
3378
Street Name
Wears Valley
Street Suffix
Road
County
Sevier
State
TN
Zip Code
37862
Property Sub Type
Other
MLS Area Major
Wears Valley
Subdivision Name
Other

Contract Information

Original List Price
939000
Listing Contract Date
2017-07-10
Owner Name
KBH Mountain Enterprises LLC
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

Remarks and Miscellaneous

Public Remarks
Marathon Gas Station (formerly BP). Opportunity to own a THRIVING family business in the heart of Wears Valley. Adjacent to the proposed entry/exit ramps of the Foothills Parkway, tentatively scheduled to open in the year 2016, and the exit ramp will drop traffic almost into the front entrance of this station. Numerous locals gather and eat here every day. The property fronts scenic US highway 321 (Wears Valley Road) where thousands of vehicles traverse daily. Dual pumps with fueling stations on both sides, diesel and gasoline, kerosene tanks, small dining area inside plus covered picnic tables with mountain views outside. Full service kitchen featuring deli sandwiches, burgers and chicken baskets, pizza station, fresh salads and Soft-serve ice cream. Fast growing area, 2-miles to Metcalf Bottoms and the entrance to the National Park (home to over 12 million visitors annually), close proximity to numerous cabins on rental programs through-out the seasons.
Directions
From traffic light #3 on Pigeon Forge Parkway, go west towards Townsend on Wears Valley Road for approximately 8 3/4 miles to the Marathon Station on the right. You have arrived!

Status Change Information

Major Change Timestamp
2018-03-28T05:37:49Z
Major Change Type
Status Change
Status Change Timestamp
2018-03-28
Purchase Contract Date
2018-03-23
Close Date
2018-03-28
Close Price
955000
Buyer Financing
Contract

More Information

Currently Not Used

Book/Page/Doc #
1986, 266

Building Features

Number Of Restrooms
2
Fixtures
Yes
Inventory
Yes
Restrooms
Yes
Storage
Yes

Showing Requirements

Showing Instructions
Please do not inquire about the property at the station or with the owners. Please set up an appointment with an agent. As with all Real Estate transactions you should verify all information independently including HOA info and square footage. Buy Title Insurance, have a survey, home inspection and all other needed inspections. Buy insurance. Equal housing opportunity. Most information is from Sevier County Tax Records and not verified by Listing Agent or Listing Company.
24 Hour Notice
Yes

Location, Tax, and Legal

Restrictive Covenants YN
Yes
Zoning
C-2
Zoning Entity
Sevier County
Tax Lot
No
Tax Annual Amount
1738.2
Tax Year
2013

Basement

None
Yes

Construction Materials

Block
Yes
Frame
Yes
Steel Frame
Yes
Stone
Yes
Stucco
Yes

Cooling

Central Air
Yes
Electric
Yes

Electric

220 Volts
Yes

Heating

Central
Yes

Listing Terms

Fee Simple Improved
Yes

Other Structures

Outbuilding
Yes

Parking Features

On Site
Yes
Paved
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

Highway
Yes

Security Features

Security System
Yes

Sewer

Septic Tank
Yes

Utilities

Electricity Connected
Yes
Natural Gas Connected
Yes
Water Connected
Yes

Window Features

Display Window(s)
Yes

Income and Expenses

Maintenance Expense
0

Possible Use

Retail
Yes
Listing Office: Exit Tennessee Realty Pros,LLC
Last Updated: August - 23 - 2024
Information deemed reliable but not guaranteed.