realty-smokies

202 Sugar Hollow Road, Pigeon Forge, TN 37863

$1,030,000
Property Type: Commercial Sale Square Footage: 53,925 Lot Size (sq. ft.): 456,073 Status: Closed
Current Price: $1,030,000 List Date: 2/13/2012 Last Modified: 8/22/2024

Overview

Description

Unbelieveable price! You will not find another commercial/entertainment property that sits on 10.47 acres in the heart of Pigeon Forge. Formerly used as a church, and perfect for an entertainment venue, theatre, etc. Pigeon Forge has approx. 11,000,000 visitors a year. Pigeon forge is a tourist area with attractions including Dollywood, Dixie Stampede, Splash Country, outlet malls,ziplining, etc. Several hotels, restaurants, etc. Minutes to Gatlinburg and the Great Smoky Mountains National Park.One improvement to the property is the church's sanctuary building which contains a total building area of 35,800+/- square feet over two levels. The ground floo rhas a building area of 24,000+/- SF & includes the main auditorium with a seating capacity for 500+/- people, foyer with cafe, baptismal, gymnasium,office space, classroom areas & commercial kitchen. The second floor contains a building area of 11,800+/- SF & has been developed with general office areas, teaching rooms & sound/lighting room for the auditorium. This building was constructed in 1995. The second improvement to the property is apre-engineered metal building formerly used as a Youth Hall which has a building area of 8,125+/- SF including 2,200+/- SF of finished officespace. This building is piped for central heat & air. The third improvement to the property is the 2500 seat amphitheater with a covered area of 10,000+/- SF and sits 1,500+/-. The amphitheater includes two timber decks/patio areas offering additional seating & two concession stands. This improvement built in 1990 is original to the property & was remodeled in 1999. Property is zoned C-4 Recreational Business, City of Pigeon Forge.

Listing Details MLS# 172589

General Property Information

Number Of Buildings
3
Lot Size Acres
10.47
Living Area
53925
Business Name
None
Year Built
1995
Bonus Room YN
No
Sign On Property YN
No
List Price/SqFt
27.72
Sold Price/SqFt
19.1
Number of Bonus Rooms
0

Property Features

Basement: None Building Features: Fixtures; Reception Area; Recreation Facilities; Restrooms; Storage Construction Materials: Block; Steel Frame Cooling: Central Air; Electric; Heat Pump Documents Available: Appraisal Exterior Features: Lighting Heating: Central; Forced Air; Natural Gas Levels: Two Listing Terms: Cash; Conventional; Fee Simple Improved Other Structures: Outbuilding Parking Features: On Site; Paved Possession: Close Of Escrow Road Frontage Type: City Street; Highway Road Surface Type: Paved Security Features: Fire Sprinkler System; Security System Special Listing Conditions: In Foreclosure Showing Requirements: Appointment Only; Call Listing Agent

Location Tax and Legal

Street Number
202
Street Name
Sugar Hollow
Street Suffix
Road
County
Sevier
State
TN
Zip Code
37863
Property Sub Type
Other
MLS Area Major
Pigeon Forge
Subdivision Name
Other

Contract Information

Original List Price
1495000
Listing Contract Date
2012-02-13
Owner Name
Evangelical Christian Credit Union
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
Unbelieveable price! You will not find another commercial/entertainment property that sits on 10.47 acres in the heart of Pigeon Forge. Formerly used as a church, and perfect for an entertainment venue, theatre, etc. Pigeon Forge has approx. 11,000,000 visitors a year. Pigeon forge is a tourist area with attractions including Dollywood, Dixie Stampede, Splash Country, outlet malls,ziplining, etc. Several hotels, restaurants, etc. Minutes to Gatlinburg and the Great Smoky Mountains National Park.One improvement to the property is the church's sanctuary building which contains a total building area of 35,800+/- square feet over two levels. The ground floo rhas a building area of 24,000+/- SF & includes the main auditorium with a seating capacity for 500+/- people, foyer with cafe, baptismal, gymnasium,office space, classroom areas & commercial kitchen. The second floor contains a building area of 11,800+/- SF & has been developed with general office areas, teaching rooms & sound/lighting room for the auditorium. This building was constructed in 1995. The second improvement to the property is apre-engineered metal building formerly used as a Youth Hall which has a building area of 8,125+/- SF including 2,200+/- SF of finished officespace. This building is piped for central heat & air. The third improvement to the property is the 2500 seat amphitheater with a covered area of 10,000+/- SF and sits 1,500+/-. The amphitheater includes two timber decks/patio areas offering additional seating & two concession stands. This improvement built in 1990 is original to the property & was remodeled in 1999. Property is zoned C-4 Recreational Business, City of Pigeon Forge.
Directions
From I-40, take Exit 407 onto Hwy 66 (Pkwy, 411, 321) towards Sevierville, Pigeon Forge. Follow into Pigeon Forge to L on Sugar Hollow. Go approx .2 miles to property on R.

Status Change Information

Major Change Timestamp
2012-08-15T05:33:59Z
Major Change Type
Status Change
Status Change Timestamp
2012-08-15
Purchase Contract Date
2012-05-30
Close Date
2012-08-15
Close Price
1030000
Buyer Financing
Cash

More Information

Currently Not Used

Book/Page/Doc #
3252, 647

Showing Requirements

Showing Instructions
*Owner financing available to qualified buyers. Property is suitable for a variety of commercial development including condominiums, timeshare & service business, etc. Commission: Selling Broker will receive 2.5% of the first million dollars of the sales price and 1.5% of the sales price above one million. *Square footage and acreage deemed to be correct but not guaranteed.
Appointment Only
Yes
Call Listing Agent
Yes

Location, Tax, and Legal

Restrictive Covenants YN
No
Zoning
C-4
Zoning Entity
Pigeon Forge
Tax Lot
No
Tax Annual Amount
13657
Tax Year
2009

Basement

None
Yes

Construction Materials

Block
Yes
Steel Frame
Yes

Cooling

Central Air
Yes
Electric
Yes
Heat Pump
Yes

Documents Available

Appraisal
Yes

Exterior Features

Lighting
Yes

Heating

Central
Yes
Forced Air
Yes
Natural Gas
Yes

Levels

Two
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Fee Simple Improved
Yes

Other Structures

Outbuilding
Yes

Parking Features

On Site
Yes
Paved
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

City Street
Yes
Highway
Yes

Road Surface Type

Paved
Yes

Security Features

Fire Sprinkler System
Yes
Security System
Yes

Special Listing Conditions

In Foreclosure
Yes

Income and Expenses

Maintenance Expense
0

Building Features

Fixtures
Yes
Reception Area
Yes
Recreation Facilities
Yes
Restrooms
Yes
Storage
Yes
Listing Office: THOMPSON CARR REAL ESTATE LLC
Last Updated: August - 22 - 2024
Information deemed reliable but not guaranteed.