realty-smokies

834 Wears Valley Road, Pigeon Forge, TN 38763

$1,200,000
Property Type: Commercial Sale Square Footage: 1,864 Lot Size (sq. ft.): 390,298 Status: Closed
Current Price: $1,200,000 List Date: 10/22/2021 Last Modified: 8/23/2024

Overview

Description

Amazing property 1.3 Miles from the Pigeon Forge Parkway fronting Wears Valley Road. There are 3 parcels consisting of 8.96+/- Acres. There is great commercial frontage of approximately 567' on Wears Valley Road, and 1339' of frontage on beautiful Walden's Creek. The current property improvements include a log cabin currently being utilized as a bakery business. Additionally, there is an incredibly well maintained 936 sq ft home, an outbuilding, and storage shed. The flat river frontage area has a wonderful covered patio area with a big deck overlooking amazing creek frontage. This location is ideal for cabin development, camp ground, hotel, attraction, or most any business endeavor with 37,356 passes per day per the Annual Average Traffic Counts provided by TDOT. This is a dynamic tourist area boasting incredible growth. This property has never before been offered for sale and has been in the same family for at least 3 generations. Do not miss this opportunity for development!

Listing Details MLS# 245695

General Property Information

Number Of Buildings
3
Lot Size Acres
8.96
Living Area
1864
Year Built
1970
Bonus Room YN
No
Sign On Property YN
Yes
List Price/SqFt
858.37
Sold Price/SqFt
643.78

Property Features

Basement: None Building Features: Restrooms Business Type: Convenience Store Community Features: Sidewalks Construction Materials: Vinyl Siding; Wood Siding Cooling: Window Unit(s) Documents Available: Aerial Photo Electric: 220 Volts Exterior Features: Lighting Heating: Wall Furnace Levels: One Listing Terms: Cash; Conventional; Fee Simple Improved Other Structures: Outbuilding Parking Features: On Site Possession: Close Of Escrow; Other Possible Use: Medical/Dental; Multi-Family; Office; Recreational; Retail; Other Road Frontage Type: City Street; State Road Utilities: Cable Available; Internet Available; Natural Gas Available; Phone Available; Sewer Available; Sewer Connected; Water Available; Water Connected Window Features: Display Window(s) Showing Requirements: Appointment Only; Lockbox; See Remarks

Location Tax and Legal

Street Number
834
Street Name
Wears Valley
Street Suffix
Road
County
Sevier
State
TN
Zip Code
38763
Property Sub Type
Other
MLS Area Major
Wears Valley
Subdivision Name
Other

Contract Information

Original List Price
2174000
Listing Contract Date
2021-10-22
Owner Name
McCarter
Listing Agreement
Exclusive Right To Sell

Remarks and Miscellaneous

Public Remarks
Amazing property 1.3 Miles from the Pigeon Forge Parkway fronting Wears Valley Road. There are 3 parcels consisting of 8.96+/- Acres. There is great commercial frontage of approximately 567' on Wears Valley Road, and 1339' of frontage on beautiful Walden's Creek. The current property improvements include a log cabin currently being utilized as a bakery business. Additionally, there is an incredibly well maintained 936 sq ft home, an outbuilding, and storage shed. The flat river frontage area has a wonderful covered patio area with a big deck overlooking amazing creek frontage. This location is ideal for cabin development, camp ground, hotel, attraction, or most any business endeavor with 37,356 passes per day per the Annual Average Traffic Counts provided by TDOT. This is a dynamic tourist area boasting incredible growth. This property has never before been offered for sale and has been in the same family for at least 3 generations. Do not miss this opportunity for development!
Directions
From the Parkway in Pigeon Forge, turn onto Wears Valley Road. Travel approximately 1.4 miles to the property on the Right, See Sign

Status Change Information

Major Change Timestamp
2023-02-01T06:39:35Z
Major Change Type
Status Change
Price Change Timestamp
2022-09-27T20:05:07Z
Status Change Timestamp
2023-02-01
Purchase Contract Date
2022-10-24
Close Date
2023-02-01
Close Price
1200000
Buyer Financing
Conventional

More Information

Currently Not Used

Book/Page/Doc #
5525 /1755, 380 / 15

Showing Requirements

Showing Instructions
Information gathered from various sources, including tax information. Buyer should verify all information contained herein with appropriate inspections prior to purchase. Parcels listed are - Tax Map 093, Parcels 154.01, 154.02, & 157.01. The cake shop on the property has a month to month lease. The tenant is established and has been there for 12+ years. There are a series of three gates to get the river frontage. On a combo lockbox. Text Adam Lane at 865-765-1606 to show. Please include your information and when you would like to show the property.
Appointment Only
Yes
Lockbox
Yes
See Remarks
Yes

Location, Tax, and Legal

Restrictive Covenants YN
No
Zoning
C-2
Zoning Entity
Pigeon Forge
Parcel Number
37863
Tax Lot
0000
Tax Annual Amount
1265
Tax Year
2019

Basement

None
Yes

Community Features

Sidewalks
Yes

Construction Materials

Vinyl Siding
Yes
Wood Siding
Yes

Cooling

Window Unit(s)
Yes

Documents Available

Aerial Photo
Yes

Electric

220 Volts
Yes

Exterior Features

Lighting
Yes

Heating

Wall Furnace
Yes

Levels

One
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Fee Simple Improved
Yes

Other Structures

Outbuilding
Yes

Parking Features

On Site
Yes

Possession

Close Of Escrow
Yes
Other
Yes

Road Frontage Type

City Street
Yes
State Road
Yes

Utilities

Cable Available
Yes
Internet Available
Yes
Natural Gas Available
Yes
Phone Available
Yes
Sewer Available
Yes
Sewer Connected
Yes
Water Available
Yes
Water Connected
Yes

Window Features

Display Window(s)
Yes

Possible Use

Medical/Dental
Yes
Multi-Family
Yes
Office
Yes
Recreational
Yes
Retail
Yes
Other
Yes

Building Features

Restrooms
Yes

Business Type

Convenience Store
Yes
Listing Office: Keller Williams Smoky Mountain
Last Updated: August - 23 - 2024
Information deemed reliable but not guaranteed.