606 Parkway, Gatlinburg, TN 37738

$2,020,000
Property Type: Commercial Sale Square Footage: 3,056 Status: Closed
Current Price: $2,020,000 List Date: 9/20/2019 Last Modified: 8/23/2024

Overview

Description

****RARE OPPORTUNITY**** A chance to own property in downtown GATLINBURG. Two-story street retail building offered for sale! Fee Simple ownership retail property rarely becomes available for purchase on the Gatlinburg Parkway as much of the property has been controlled by few individuals or entities. Newly remodeled ALL GLASS front exposure of the interior of the store to the heavy public vehicular and pedestrian traffic. Approximate 1500 Square foot on main level and additional 1500 on second level of retail space or storage and living quarters. Shown by appointment only as to not disturb employees. Currently has leasehold Tenant & making money $$$

Listing Details MLS# 224775

General Property Information

Living Area
3056
Business Name
n/a
Year Built
1990
Bonus Room YN
No
Sign On Property YN
No
List Price/SqFt
719.9
Sold Price/SqFt
660.99
Number Of Buildings
0
Lot Size Acres
0
Number of Bonus Rooms
0

Property Features

Building Features: Living Space; Storage Business Type: Retail Construction Materials: Frame Levels: Two Listing Terms: Fee Simple Improved Possession: Negotiable Possible Use: Retail Road Frontage Type: City Street; Highway Road Surface Type: Paved Utilities: Electricity Connected; Phone Available; Sewer Connected; Water Connected Window Features: Display Window(s) Showing Requirements: Appointment Only; Call Listing Agent

Location Tax and Legal

Street Number
606
Street Name
Parkway
County
Sevier
State
TN
Zip Code
37738
Property Sub Type
Other
MLS Area Major
Gatlinburg
Subdivision Name
Other

Contract Information

Original List Price
2200000
Listing Contract Date
2019-09-20
Owner Name
606 Parkway 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
****RARE OPPORTUNITY**** A chance to own property in downtown GATLINBURG. Two-story street retail building offered for sale! Fee Simple ownership retail property rarely becomes available for purchase on the Gatlinburg Parkway as much of the property has been controlled by few individuals or entities. Newly remodeled ALL GLASS front exposure of the interior of the store to the heavy public vehicular and pedestrian traffic. Approximate 1500 Square foot on main level and additional 1500 on second level of retail space or storage and living quarters. Shown by appointment only as to not disturb employees. Currently has leasehold Tenant & making money $$$
Directions
On the Gatlinburg Parkway (US 441). Just past light # 6 ~ third shop on the Left .

Status Change Information

Major Change Timestamp
2019-10-25T05:38:59Z
Major Change Type
Status Change
Status Change Timestamp
2019-10-25
Purchase Contract Date
2019-10-16
Close Date
2019-10-25
Close Price
2020000
Buyer Financing
Conventional

More Information

Currently Not Used

Book/Page/Doc #
4258, 67

Showing Requirements

Showing Instructions
Please do not disturb employees ~ shown by appointment only. Call Tia Wells 865-599-5029
Appointment Only
Yes
Call Listing Agent
Yes

Location, Tax, and Legal

Restrictive Covenants YN
No
Zoning
C-1
Zoning Entity
Gatlinburg
Tax Lot
000
Tax Annual Amount
22736
Tax Year
2013

Construction Materials

Frame
Yes

Levels

Two
Yes

Listing Terms

Fee Simple Improved
Yes

Possession

Negotiable
Yes

Road Frontage Type

City Street
Yes
Highway
Yes

Road Surface Type

Paved
Yes

Utilities

Electricity Connected
Yes
Phone Available
Yes
Sewer Connected
Yes
Water Connected
Yes

Window Features

Display Window(s)
Yes

Income and Expenses

Maintenance Expense
0

Possible Use

Retail
Yes

Building Features

Living Space
Yes
Storage
Yes

Business Type

Retail
Yes
Listing Office: Century 21 Legacy PF
Last Updated: August - 23 - 2024
Information deemed reliable but not guaranteed.