702 Parkway, Gatlinburg, TN 37738

$1,300,000
Property Type: Commercial Sale Lot Size (sq. ft.): 169,884 Status: Pending
Current Price: $1,300,000 List Date: 7/31/2022 Last Modified: 8/23/2024

Overview

Description

PRICE REDUCTION! LOCATION! LOCATION! LOCATION! Investors looking for PRIME property close to downtown Gatlinburg? This is it! Less than 1 mile from traffic light #3 in downtown Gatlinburg, this C-2 zoned property offers 3.9 acres with approximately 600+ feet of East Parkway road frontage. It is the current site of "73 Car Wash" and previous site of El Sonador Mexican Restuarant and Market which was lost in the wildfires of 2016. Electric, water and sewer available and connected. Self service car wash conveys and grossed approximately $45,000 in 2020. This location has a high daily traffic count of 15,300/day. Many possibilities and uses including expanding car wash, commercial/retail business, restaurant, brewery/winery, condos, B&B or small hotel or even your own private lodge! With over 14 million visitors in 2021, and being so close to downtown Gatlinburg and the entrance to the Great Smoky Mountain National Park, this property is a sure high visibility winner no matter what you ...

Listing Details MLS# 253203

General Property Information

Number Of Buildings
Yes
Lot Size Acres
3.9
Business Name
73 Car Wash
Year Built
1985
Bonus Room YN
No
Sign On Property YN
Yes

Property Features

Business Type: Auto Service Construction Materials: Brick Documents Available: Aerial Photo Listing Terms: Cash; Conventional Parking Features: On Site; Paved Possession: Close Of Escrow; Other Possible Use: Automotive; Multi-Family; Retail; Other Road Frontage Type: City Street Utilities: Electricity Connected; Sewer Connected; Water Connected Showing Requirements: Call Listing Agent; Show Any Time; See Remarks

Location Tax and Legal

Street Number
702
Street Name
Parkway
County
Sevier
State
TN
Zip Code
37738
Property Sub Type
Unimproved Land
MLS Area Major
Gatlinburg
Subdivision Name
Other

Contract Information

Original List Price
1400000
Listing Contract Date
2022-07-31
Owner Name
Ogle, Brett & Woods, Sharon
Listing Agreement
Exclusive Right To Sell

Remarks and Miscellaneous

Public Remarks
PRICE REDUCTION! LOCATION! LOCATION! LOCATION! Investors looking for PRIME property close to downtown Gatlinburg? This is it! Less than 1 mile from traffic light #3 in downtown Gatlinburg, this C-2 zoned property offers 3.9 acres with approximately 600+ feet of East Parkway road frontage. It is the current site of "73 Car Wash" and previous site of El Sonador Mexican Restuarant and Market which was lost in the wildfires of 2016. Electric, water and sewer available and connected. Self service car wash conveys and grossed approximately $45,000 in 2020. This location has a high daily traffic count of 15,300/day. Many possibilities and uses including expanding car wash, commercial/retail business, restaurant, brewery/winery, condos, B&B or small hotel or even your own private lodge! With over 14 million visitors in 2021, and being so close to downtown Gatlinburg and the entrance to the Great Smoky Mountain National Park, this property is a sure high visibility winner no matter what you decide to create and do with the land! This listing offers 3 lots: 127 H B 004.00; 127 H B 004.01 and 127 H B 004.02. Please see MLS Tax Suite for lot dimensions. *Note drone photography has been used in this listing.
Directions
Heading from Pigeon Forge and the Spur, continue East on Parkway into Gatlinburg. Turn left at traffic light #3 onto Hwy 321 (East Parkway). Go North .9 miles. You will pass the Gatlinburg View Lodge on your right. The property is just after that around the curve. You will see "73 Car Wash" which is your destination.

Status Change Information

Major Change Timestamp
2023-06-19T02:55:36Z
Major Change Type
Price Reduced
Price Change Timestamp
2023-06-19T02:55:36Z
Status Change Timestamp
2024-01-11
Purchase Contract Date
2024-01-11
Anticipated Closing Date
2024-03-15

More Information

Currently Not Used

Book/Page/Doc #
5951, 211/213

Showing Requirements

Showing Instructions
All information in MLS is not warranted or guaranteed. Seller is unaware of any restrictions. As with all real estate transactions, Agents and Buyers should verify all information independently. Verify flood zone information, buy Insurance, have a survey and all other needed inspections done. Most information taken from tax records, Gatlinburg Planning Department and Sellers and is not verified by listing agents/company. For all questions or to schedule a showing, text Bev Mooney at 865-415-1045. Send all offers to bevsellsthesmokies@gmail.com. All offers must be submitted with pre-approval/proof of funds.
Call Listing Agent
Yes
Show Any Time
Yes
See Remarks
Yes

Location, Tax, and Legal

Restrictive Covenants YN
No
Zoning
C-2
Zoning Entity
Gatlinburg
Parcel Number
127H B 004.00
Tax Lot
1-3
Tax Annual Amount
3278.07
Tax Year
2019

Construction Materials

Brick
Yes

Documents Available

Aerial Photo
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Parking Features

On Site
Yes
Paved
Yes

Possession

Close Of Escrow
Yes
Other
Yes

Road Frontage Type

City Street
Yes

Utilities

Electricity Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Possible Use

Automotive
Yes
Multi-Family
Yes
Retail
Yes
Other
Yes

Business Type

Auto Service
Yes
Listing Office: eXp Realty, LLC 7720
Last Updated: August - 23 - 2024
Information deemed reliable but not guaranteed.