370 Newman Road, Greenbrier Restaurant, Gatlinburg, TN 37738 (MLS# 217749)

370 Newman Road, Greenbrier Restaurant, Gatlinburg, TN 37738

$520,000
Property Type: Commercial Sale Square Footage: 4,356 Lot Size (sq. ft.): 118,048 Status: Closed
Current Price: $520,000 List Date: 8/01/2018 Last Modified: 8/23/2024

Overview

Description

ONCE IN A LIFETIME OPPORTUNITY TO OWN A GATLINBURG LANDMARK! 2.71 ACRES ZONED C-3 IN THE CITY LIMITS. GREENBRIER LODGE WAS ORIGINALLY BUILT IN 1939 AS A LODGE/BED AND BREAKFAST FOR HUNTERS AND HIKERS AND CONVERTED TO A MOUNTAIN LODGE DINING FACILITY IN THE 60'S. TUCKED AWAY AT THE END OF NEWMAN RD, FEATURING 2 FIREPLACES, COZY BAR AND PRIVATE DINING ROOM FOR SMALL PARTIES, THIS PROPERTY CAN BE PURCHASED AS A TURN KEY OPERATION.

Listing Details MLS# 217749

General Property Information

Number Of Buildings
Yes
Lot Size Acres
2.71
Living Area
4356
Business Name
Greenbrier Restaurant
Year Built
1939
Bonus Room YN
No
Sign On Property YN
Yes
List Price/SqFt
206.59
Sold Price/SqFt
119.38
Number of Bonus Rooms
0

Property Features

Basement: Partial Building Features: Fixtures; Furniture; Reception Area; Restrooms Business Type: Convenience Store Construction Materials: Block; Frame; Log Cooling: Central Air; Electric; Heat Pump Exterior Features: Lighting Heating: Forced Air; Natural Gas Levels: Two Listing Terms: Cash; Conventional; Fee Simple Improved; Lease Option Parking Features: On Site Possession: Negotiable Possible Use: Other Road Frontage Type: City Street Tenant Pays: Common Area Maintenance; Electricity; Gas; HVAC Maintenance; Insurance; Repairs; Sewer; Trash Collection; Water; Other Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Restricted Hours; See Remarks

Location Tax and Legal

Street Number
370
Street Name
Newman
Street Suffix
Road
County
Sevier
State
TN
Zip Code
37738
Property Sub Type
Other
MLS Area Major
Gatlinburg
Subdivision Name
Other

Contract Information

Original List Price
899900
Listing Contract Date
2018-08-01
Owner Name
Greenbrier Lodge Inc
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
ONCE IN A LIFETIME OPPORTUNITY TO OWN A GATLINBURG LANDMARK! 2.71 ACRES ZONED C-3 IN THE CITY LIMITS. GREENBRIER LODGE WAS ORIGINALLY BUILT IN 1939 AS A LODGE/BED AND BREAKFAST FOR HUNTERS AND HIKERS AND CONVERTED TO A MOUNTAIN LODGE DINING FACILITY IN THE 60'S. TUCKED AWAY AT THE END OF NEWMAN RD, FEATURING 2 FIREPLACES, COZY BAR AND PRIVATE DINING ROOM FOR SMALL PARTIES, THIS PROPERTY CAN BE PURCHASED AS A TURN KEY OPERATION.
Directions
From Gatlinburg @ Light #3 go North on US 321 East Parkway 1.3 miles turn RIGHT on Newman Rd. Turn LEFT at bottom of hill at stop sign, go over bridge and follow Newman Rd. to the top, it will dead end at Greenbrier Restaurant.

Status Change Information

Major Change Timestamp
2018-10-19T05:38:25Z
Major Change Type
Status Change
Status Change Timestamp
2018-10-19
Purchase Contract Date
2018-09-10
Close Date
2018-10-19
Close Price
520000
Buyer Financing
Cash

More Information

Currently Not Used

Book/Page/Doc #
1253, 345

Showing Requirements

Showing Instructions
APPOINTMENT ONLY - LIST AGENT MUST ACCOMPANY - Call Listing Agent for Showing Appointment. Betsy (865) 368-3471 or Joy (865) 567-5261. All information herein deemed reliable but not guaranteed. Buyer should verify all information. As with all Real Estate transactions you should verify all information independently. Buy Title insurance, have a survey, property inspection, and all other needed inspections. Buy insurance. Equal housing opportunity. Square footage as per Tax Records. Information from Tax records and Seller and not verified by Listing Agent/Company.
Appointment Only
Yes
Call Listing Agent
Yes
Listing Agent Must Accompany
Yes
Restricted Hours
Yes
See Remarks
Yes

Location, Tax, and Legal

Street Additional Info
Greenbrier Restaurant
Restrictive Covenants YN
Yes
Zoning
C-3
Zoning Entity
Gatlinburg
Tax Lot
-
Tax Annual Amount
3931
Tax Year
2017

Basement

Partial
Yes

Construction Materials

Block
Yes
Frame
Yes
Log
Yes

Cooling

Central Air
Yes
Electric
Yes
Heat Pump
Yes

Exterior Features

Lighting
Yes

Heating

Forced Air
Yes
Natural Gas
Yes

Levels

Two
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Fee Simple Improved
Yes
Lease Option
Yes

Parking Features

On Site
Yes

Possession

Negotiable
Yes

Road Frontage Type

City Street
Yes

Utilities

Cable Available
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Income and Expenses

Maintenance Expense
0

Tenant Pays

Common Area Maintenance
Yes
Electricity
Yes
Gas
Yes
HVAC Maintenance
Yes
Insurance
Yes
Repairs
Yes
Sewer
Yes
Trash Collection
Yes
Water
Yes
Other
Yes

Possible Use

Other
Yes

Building Features

Fixtures
Yes
Furniture
Yes
Reception Area
Yes
Restrooms
Yes

Business Type

Convenience Store
Yes
Listing Office: Prime Mountain Properties
Last Updated: August - 23 - 2024
Information deemed reliable but not guaranteed.
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