3949 Parkway, Pigeon Forge, TN 37863
$1,400,000
Property Type:
Commercial Sale
Square Footage:
10,982
Lot Size (sq. ft.):
56,628
Status:
Closed
Current Price:
$1,400,000
List Date:
11/05/2013
Last Modified:
8/23/2024
Description
1.3 acres of property that is two blocks from Dollywood Lane and the Dollywood Welcome Center. This site is perfect for a restaurant or attraction type business. Currently Property has 33 room motel on property with two residential homes. This property is in the middle of Pigeon forge which attracts over 10 million visitors a year. There is 200 ft of frontage along the parkway, and 200 ft of frontage along Nellie St. There is also a large paved parking area on the front of the property which is on the public right of way. Level Lot in the Heart of Pigeon Forge The Property currently has the Scenic Motel, along with two residential houses in the rear of the property. Owners are willing to leave hotel in place, or allow current motel to be removed.
More Information MLS# 185621
Location, Tax, and Legal
Restrictive Covenants YN: Yes
Zoning: C-2
Zoning Entity: Pigeon Forge
Tax Lot: 00
Tax Annual Amount: 9846
Tax Year: 2012
Contract Information
Owner Name: McCarter
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: $1,400,000
Original List Price: 1600000
Sold Price: $1,400,000
Status: Closed
Listing Contract Date: 2013-11-05
General Property Information
Number Of Buildings: 3
Lot Size Dimensions: 200///
Lot Size Acres: 1.3
Business Name: Scenic Motel
Bonus Room YN: No
Number of Bonus Rooms: 0
Sign On Property YN: No
List Price/SqFt: 145.69
Sold Price/SqFt: 127.48
Living Area: 10982
Year Built: 12146
Remarks and Miscellaneous
Public Remarks: 1.3 acres of property that is two blocks from Dollywood Lane and the Dollywood Welcome Center. This site is perfect for a restaurant or attraction type business. Currently Property has 33 room motel on property with two residential homes. This property is in the middle of Pigeon forge which attracts over 10 million visitors a year. There is 200 ft of frontage along the parkway, and 200 ft of frontage along Nellie St. There is also a large paved parking area on the front of the property which is on the public right of way. Level Lot in the Heart of Pigeon Forge The Property currently has the Scenic Motel, along with two residential houses in the rear of the property. Owners are willing to leave hotel in place, or allow current motel to be removed.
Directions: On Parkway just past Middlecreek
Status Change Information
Status Change Timestamp: 2014-08-13
Buyer Financing: Cash
Major Change Timestamp: 2014-08-13T05:35:22Z
Major Change Type: Status Change
Purchase Contract Date: 2014-04-13
Close Date: 2014-08-13
Close Price: 1400000
Currently Not Used
Book/Page/Doc #: 1020, 539
Listing Terms
Fee Simple Improved: 1
Income and Expenses
Maintenance Expense: 0
Showing Requirements
Showing Instructions: Located on the Parkway in Sevierville Tennessee, now part of the Great Smoky Mountain Parkway that travels through Sevierville, Pigeon Forge and Gatlinburg directly to the Great Smoky Mountains National Park. Near, Tanger outlet Mall, Dollywood theme park, Buffalo Wild Wings, and numerous other tourist destinations. 11-13 million annual visitors. Major attractions include Great Smoky Mountains National Park (the nation's most visited), Dollywood Theme Park, Dolly's Splash Country Water Park, The Titanic Museum, WonderWorks, Smoky Mountain Opry, Near Proposed new Convention Center, and Proposed Cal Ripken Baseball Site, Ripley's Aquarium of the Smokies, Tanger outlet malls, large show theaters, and Numerous other tourist Attractions.
Location Tax and Legal
Street Number: 3949
Street Name: Parkway
County: Sevier
State: TN
Zip Code: 37863
Property Sub Type: Other
MLS Area Major: Pigeon Forge
Subdivision Name: Other
Property Features
Listing Terms: Fee Simple Improved
Listing Office:
BRACKFIELD & ASSOCIATES, L.L.C.
Last Updated: August - 23 - 2024
Information deemed reliable but not guaranteed.