realty-smokies

264 Old Mill Avenue, Pigeon Forge, TN 37863

$1,300,000
Property Type: Commercial Sale Square Footage: 27,016 Lot Size (sq. ft.): 109,336 Status: Closed
Current Price: $1,300,000 List Date: 11/14/2013 Last Modified: 8/23/2024

Overview

Description

This 2.51-acre tract is located near the intersection of Old Mill Avenue and Teaster Lane. It is improved with a multi-use commercial building on the front and self-storage units in the rear. The property has excellent road frontage and great visibility next to Patriot Park. This is a bank REO property and is prime redevelopment property.

Listing Details MLS# 185865

General Property Information

Number Of Buildings
7
Lot Size Dimensions
311/420/238/389
Lot Size Acres
2.51
Living Area
27016
Business Name
N/A
Year Built
1976
Bonus Room YN
No
Sign On Property YN
Yes
List Price/SqFt
59.22
Sold Price/SqFt
48.12
Number of Bonus Rooms
0

Property Features

Business Type: Retail; Warehouse Community Features: Sidewalks Listing Terms: Cash; Conventional; Fee Simple Improved Parking Features: On Site; Paved Possession: Close Of Escrow Possible Use: Office; Retail; Warehouse; Other Road Frontage Type: City Street Road Surface Type: Paved Special Listing Conditions: In Foreclosure Utilities: Electricity Connected; Sewer Connected; Water Connected Showing Requirements: Call Listing Agent; Key In Office

Location Tax and Legal

Street Number
264
Street Name
Old Mill
Street Suffix
Avenue
County
Sevier
State
TN
Zip Code
37863
Property Sub Type
Other
MLS Area Major
Pigeon Forge
Subdivision Name
Other

Contract Information

Original List Price
1600000
Listing Contract Date
2013-11-14
Owner Name
FTB
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
This 2.51-acre tract is located near the intersection of Old Mill Avenue and Teaster Lane. It is improved with a multi-use commercial building on the front and self-storage units in the rear. The property has excellent road frontage and great visibility next to Patriot Park. This is a bank REO property and is prime redevelopment property.
Directions
From the Parkway (US 441) in Pigeon Forge, turn at Light #7 onto Old Mill Avenue. Follow to property on Right just past Patriot Park and before the intersection with Teaster Lane.

Status Change Information

Major Change Timestamp
2014-12-24T06:35:24Z
Major Change Type
Status Change
Status Change Timestamp
2014-12-24
Purchase Contract Date
2014-10-09
Close Date
2014-12-24
Close Price
1300000
Buyer Financing
Conventional

More Information

Currently Not Used

Book/Page/Doc #
3969, 428

Location, Tax, and Legal

Restrictive Covenants YN
Yes
Zoning
C-2
Zoning Entity
Pigeon Forge
Tax Lot
00
Tax Annual Amount
9428
Tax Year
2012

Community Features

Sidewalks
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Fee Simple Improved
Yes

Parking Features

On Site
Yes
Paved
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

City Street
Yes

Road Surface Type

Paved
Yes

Special Listing Conditions

In Foreclosure
Yes

Utilities

Electricity Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Income and Expenses

Maintenance Expense
0

Possible Use

Office
Yes
Retail
Yes
Warehouse
Yes
Other
Yes

Business Type

Retail
Yes
Warehouse
Yes

Showing Requirements

Call Listing Agent
Yes
Key In Office
Yes
Listing Office: Sperry Van Ness/R M Moore, LLC
Last Updated: August - 23 - 2024
Information deemed reliable but not guaranteed.