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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
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.