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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
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.
More Information MLS# 185782
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
Contract Information
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
Current Price: $3,475,000
Original List Price: 3850000
Sold Price: $3,475,000
Status: Closed
Listing Contract Date: 2013-11-01
General Property Information
Number Of Buildings: 1
Lot Size Dimensions: 250///
Lot Size Acres: 2.1
Business Name: N/A
Bonus Room YN: No
Number of Bonus Rooms: 0
Sign On Property YN: No
List Price/SqFt: 154.71
Sold Price/SqFt: 139.64
Living Area: 24886
Year Built: 2003
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
Status Change Timestamp: 2014-03-21
Buyer Financing: Conventional
Major Change Timestamp: 2014-03-21T05:35:23Z
Major Change Type: Status Change
Purchase Contract Date: 2014-01-13
Close Date: 2014-03-21
Close Price: 3475000
Currently Not Used
Book/Page/Doc #: 1624, 732
Listing Terms
Fee Simple Improved: 1
Income and Expenses
Maintenance Expense: 0
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
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.