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

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.