realty-smokies

320 Winfield Dunn Parkway, Sevierville, TN 37862

$3,000,000
Property Type: Commercial Sale Square Footage: 35,750 Lot Size (sq. ft.): 86,249 Status: Closed
Current Price: $3,000,000 List Date: 10/16/2019 Last Modified: 8/23/2024

Overview

Description

Located on the southbound side of Winfield Dunn Parkway in downtown Sevierville, Floyd Garrett's Muscle Car Museum has been a familiar sight to arriving tourists to this Smoky Mountains region for the past 24 years. It was built to house an impressive collection of vintage muscle cars. It has potential for a variety of commercial uses for the investor or owner-user. Conversion from museum or warehouse use to general retail or other commercial uses may require acquisition of contiguous land for additional parking. Access is via a signalized intersection between Dunkin Donuts and Murphy's Gas Station/C-Store near the 411/441 intersection in Sevierville. The building is well built and maintained, with 3-Phase 1,200-amp electrical service, concrete floor designed for heavy loads, recently upgraded HVAC's, and recently resealed surface parking lot. Note: Cars, store inventory and other items of personal property do not convey with the Property.

Listing Details MLS# 225227

General Property Information

Number Of Buildings
Yes
Lot Size Dimensions
379/221/385/229
Lot Size Acres
1.98
Living Area
35750
Business Name
Muscle Car Museum
Year Built
1995
Bonus Room YN
No
Sign On Property YN
No
List Price/SqFt
90.91
Sold Price/SqFt
83.92
Number of Bonus Rooms
0

Property Features

Business Type: Arts and Entertainment; Warehouse Exterior Features: Lighting Levels: One Listing Terms: Cash; Conventional; Fee Simple Improved Parking Features: On Site; Paved Possession: Negotiable Possible Use: Recreational; Retail; Warehouse Road Frontage Type: City Street Road Surface Type: Paved Utilities: Electricity Connected; Phone Available; Sewer Connected; Water Connected Window Features: Display Window(s) Showing Requirements: Appointment Only; Call Listing Agent

Location Tax and Legal

Street Number
320
Street Name
Winfield Dunn
Street Suffix
Parkway
County
Sevier
State
TN
Zip Code
37862
Property Sub Type
Other
MLS Area Major
Sevierville
Subdivision Name
Other

Contract Information

Original List Price
3250000
Listing Contract Date
2019-10-16
Owner Name
Floyd Garrett's Muscle Cars, Inc.
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
Located on the southbound side of Winfield Dunn Parkway in downtown Sevierville, Floyd Garrett's Muscle Car Museum has been a familiar sight to arriving tourists to this Smoky Mountains region for the past 24 years. It was built to house an impressive collection of vintage muscle cars. It has potential for a variety of commercial uses for the investor or owner-user. Conversion from museum or warehouse use to general retail or other commercial uses may require acquisition of contiguous land for additional parking. Access is via a signalized intersection between Dunkin Donuts and Murphy's Gas Station/C-Store near the 411/441 intersection in Sevierville. The building is well built and maintained, with 3-Phase 1,200-amp electrical service, concrete floor designed for heavy loads, recently upgraded HVAC's, and recently resealed surface parking lot. Note: Cars, store inventory and other items of personal property do not convey with the Property.
Directions
From the 411/441 intersection in Sevierville, take Hwy. 66 to the first traffic light at Dunkin Donuts. Turn left between Dunkin Donuts and Murphy's Gas Station/C-Store and go straight back to the museum parking lot.

Status Change Information

Major Change Timestamp
2021-12-23T06:39:00Z
Major Change Type
Status Change
Status Change Timestamp
2021-12-23
Purchase Contract Date
2021-07-30
Close Date
2021-12-23
Close Price
3000000
Buyer Financing
Conventional

More Information

Currently Not Used

Book/Page/Doc #
1225, 754

Showing Requirements

Showing Instructions
Agents: Please do not interrupt business operations. Contact listing agent to arrange showings.
Appointment Only
Yes
Call Listing Agent
Yes

Location, Tax, and Legal

Restrictive Covenants YN
Yes
Zoning
C-3
Zoning Entity
Sevierville
Tax Lot
--
Tax Annual Amount
18526
Tax Year
2018

Exterior Features

Lighting
Yes

Levels

One
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Fee Simple Improved
Yes

Parking Features

On Site
Yes
Paved
Yes

Possession

Negotiable
Yes

Road Frontage Type

City Street
Yes

Road Surface Type

Paved
Yes

Utilities

Electricity Connected
Yes
Phone Available
Yes
Sewer Connected
Yes
Water Connected
Yes

Window Features

Display Window(s)
Yes

Income and Expenses

Maintenance Expense
0

Possible Use

Recreational
Yes
Retail
Yes
Warehouse
Yes

Business Type

Arts and Entertainment
Yes
Warehouse
Yes
Listing Office: NAI Koella | RM Moore
Last Updated: August - 23 - 2024
Information deemed reliable but not guaranteed.