realty-smokies

105 Knife Works Lane, Sevierville, TN 37876

$3,475,000
Property Type: Commercial Sale Square Footage: 24,886 Lot Size (sq. ft.): 91,476 Status: Closed
Current Price: $3,475,000 List Date: 11/01/2013 Last Modified: 8/23/2024

Overview

Description

5,000 Square foot Strip center located on Winfield Dunn Parkway (Highway 66) situated on south bound lane of traffic with 9 million+ cars per year. Great Visibility with 250 feet of frontage and an additional 650 feet of Frontage on Side Streets. Center is directly beside Smoky Mountain Knife works(The worlds largest Knife showplace). Currently two tenants Workshop tools, and Cast Iron Lodge Factory. Workshop tools has all major Brand Names including: Skil, Mikata, Dewalt , Bosch etc. Both tenants have been long term well established beneficiaries of this strip center and its location. Property sits on 2.01 acres with Ample Parking and easy access. Sevier County is the seventh most visited overnight leisure destination in the U.S. There is approximately 11-14 million visitors an year to this area. Ranked third in in state for total tourism spending. Three quarters of the country's population is within a days drive. Popular draws to this area include Great Smoky Mountains National Park, Dollywood, Dollywood Splash Country, Wilderness Resort, 7 different Ripley's attractions including Ripley's Aquarium. Sevier County's cost of living is low, and TN does not levy a state income tax.

Listing Details MLS# 185782

General Property Information

Number Of Buildings
Yes
Lot Size Dimensions
250///
Lot Size Acres
2.1
Living Area
24886
Business Name
N/A
Year Built
2003
Bonus Room YN
No
Sign On Property YN
No
List Price/SqFt
154.71
Sold Price/SqFt
139.64
Number of Bonus Rooms
0

Property Features

Listing Terms: Fee Simple Improved

Location Tax and Legal

Street Number
105
Street Name
Knife Works
Street Suffix
Lane
County
Sevier
State
TN
Zip Code
37876
Property Sub Type
Other
MLS Area Major
Sevierville
Subdivision Name
Two Rivers Business Center

Contract Information

Original List Price
3850000
Listing Contract Date
2013-11-01
Owner Name
River Pass Partnership
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
5,000 Square foot Strip center located on Winfield Dunn Parkway (Highway 66) situated on south bound lane of traffic with 9 million+ cars per year. Great Visibility with 250 feet of frontage and an additional 650 feet of Frontage on Side Streets. Center is directly beside Smoky Mountain Knife works(The worlds largest Knife showplace). Currently two tenants Workshop tools, and Cast Iron Lodge Factory. Workshop tools has all major Brand Names including: Skil, Mikata, Dewalt , Bosch etc. Both tenants have been long term well established beneficiaries of this strip center and its location. Property sits on 2.01 acres with Ample Parking and easy access. Sevier County is the seventh most visited overnight leisure destination in the U.S. There is approximately 11-14 million visitors an year to this area. Ranked third in in state for total tourism spending. Three quarters of the country's population is within a days drive. Popular draws to this area include Great Smoky Mountains National Park, Dollywood, Dollywood Splash Country, Wilderness Resort, 7 different Ripley's attractions including Ripley's Aquarium. Sevier County's cost of living is low, and TN does not levy a state income tax.
Directions
I-40, Exit 407, South on Highway 66 (Winfield Dunn Parkway), on right

Status Change Information

Major Change Timestamp
2014-03-21T05:35:23Z
Major Change Type
Status Change
Status Change Timestamp
2014-03-21
Purchase Contract Date
2014-01-13
Close Date
2014-03-21
Close Price
3475000
Buyer Financing
Conventional

More Information

Currently Not Used

Book/Page/Doc #
1624, 732

Location, Tax, and Legal

Restrictive Covenants YN
Yes
Zoning
C-1
Zoning Entity
Sevier County
Tax Lot
00
Tax Annual Amount
16365
Tax Year
2012

Listing Terms

Fee Simple Improved
Yes

Income and Expenses

Maintenance Expense
0
Listing Office: BRACKFIELD & ASSOCIATES, L.L.C.
Last Updated: August - 23 - 2024
Information deemed reliable but not guaranteed.