realty-smokies

3949 Parkway, Pigeon Forge, TN 37863

$1,400,000
Property Type: Commercial Sale Square Footage: 10,982 Lot Size (sq. ft.): 56,628 Status: Closed
Current Price: $1,400,000 List Date: 11/05/2013 Last Modified: 8/23/2024

Overview

Description

1.3 acres of property that is two blocks from Dollywood Lane and the Dollywood Welcome Center. This site is perfect for a restaurant or attraction type business. Currently Property has 33 room motel on property with two residential homes. This property is in the middle of Pigeon forge which attracts over 10 million visitors a year. There is 200 ft of frontage along the parkway, and 200 ft of frontage along Nellie St. There is also a large paved parking area on the front of the property which is on the public right of way. Level Lot in the Heart of Pigeon Forge The Property currently has the Scenic Motel, along with two residential houses in the rear of the property. Owners are willing to leave hotel in place, or allow current motel to be removed.

Listing Details MLS# 185621

General Property Information

Number Of Buildings
3
Lot Size Dimensions
200///
Lot Size Acres
1.3
Living Area
10982
Business Name
Scenic Motel
Year Built
12146
Bonus Room YN
No
Sign On Property YN
No
List Price/SqFt
145.69
Sold Price/SqFt
127.48
Number of Bonus Rooms
0

Property Features

Listing Terms: Fee Simple Improved

Location Tax and Legal

Street Number
3949
Street Name
Parkway
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
2013-11-05
Owner Name
McCarter
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
1.3 acres of property that is two blocks from Dollywood Lane and the Dollywood Welcome Center. This site is perfect for a restaurant or attraction type business. Currently Property has 33 room motel on property with two residential homes. This property is in the middle of Pigeon forge which attracts over 10 million visitors a year. There is 200 ft of frontage along the parkway, and 200 ft of frontage along Nellie St. There is also a large paved parking area on the front of the property which is on the public right of way. Level Lot in the Heart of Pigeon Forge The Property currently has the Scenic Motel, along with two residential houses in the rear of the property. Owners are willing to leave hotel in place, or allow current motel to be removed.
Directions
On Parkway just past Middlecreek

Status Change Information

Major Change Timestamp
2014-08-13T05:35:22Z
Major Change Type
Status Change
Status Change Timestamp
2014-08-13
Purchase Contract Date
2014-04-13
Close Date
2014-08-13
Close Price
1400000
Buyer Financing
Cash

More Information

Currently Not Used

Book/Page/Doc #
1020, 539

Showing Requirements

Showing Instructions
Located on the Parkway in Sevierville Tennessee, now part of the Great Smoky Mountain Parkway that travels through Sevierville, Pigeon Forge and Gatlinburg directly to the Great Smoky Mountains National Park. Near, Tanger outlet Mall, Dollywood theme park, Buffalo Wild Wings, and numerous other tourist destinations. 11-13 million annual visitors. Major attractions include Great Smoky Mountains National Park (the nation's most visited), Dollywood Theme Park, Dolly's Splash Country Water Park, The Titanic Museum, WonderWorks, Smoky Mountain Opry, Near Proposed new Convention Center, and Proposed Cal Ripken Baseball Site, Ripley's Aquarium of the Smokies, Tanger outlet malls, large show theaters, and Numerous other tourist Attractions.

Location, Tax, and Legal

Restrictive Covenants YN
Yes
Zoning
C-2
Zoning Entity
Pigeon Forge
Tax Lot
00
Tax Annual Amount
9846
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.