951 Parkway, Trentham Place, Gatlinburg, TN 37738

$1,295,000

Property Type: Commercial Sale Square Footage: 17,952 Lot Size (sq. ft.): 27,443 Status: Closed

Current Price: $1,295,000 List Date: 8/06/2015 Last Modified: 8/23/2024

Overview

Description

Trentham Place is a quality built retail / office center located in Gatlinburg. The property is aesthetically pleasing, constructed of stone veneer and hardiplank. 951 E Parkway is a four lane highway with a turn lane, extremely high traffic counts, and is just 1.5 miles from the main downtown area of Gatlinburg. Surrounding businesses include restaurants, overnight rental developments, amusement, hotel/motel, professional offices, and financial institutions. This investment property is highly visible and viable. Additionally, Rocky Top Sports World is within close proximity and has positively effected growth within the US 321 corridor with gross sales receipts of businesses increasing. Individual leases also available and are listed separately, see MLS# 202325.

Listing Details MLS# 198186

General Property Information

Number Of Buildings: Yes
Lot Size Dimensions: 231.83///
Lot Size Acres: 0.63
Living Area: 17952
Business Name: Trentham Place
Year Built: 2007
Bonus Room YN: No
Sign On Property YN: Yes
List Price/SqFt: 93.3
Sold Price/SqFt: 72.14
Number of Bonus Rooms: 0

Property Features

Basement: None Building Features: Elevator(s); Restrooms Business Type: Convenience Store; Professional/Office; Retail Community Features: Sidewalks Construction Materials: Stone Documents Available: Property Disclosure; Survey Electric: 220 Volts Levels: Two Listing Terms: Cash; Conventional; Fee Simple Improved Parking Features: On Site; Paved Possession: Close Of Escrow Possible Use: Medical/Dental; Office; Recreational; Retail Road Frontage Type: City Street; State Road Security Features: Fire Sprinkler System Special Listing Conditions: In Foreclosure Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected Window Features: Display Window(s) Showing Requirements: Appointment Only; See Remarks

Location Tax and Legal

Street Number: 951
Street Name: Parkway
County: Sevier
State: TN
Zip Code: 37738
Property Sub Type: Other
MLS Area Major: Gatlinburg
Subdivision Name: Other

Contract Information

Original List Price: 1675000
Listing Contract Date: 2015-08-06
Owner Name: Sevier County Bank
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: Trentham Place is a quality built retail / office center located in Gatlinburg. The property is aesthetically pleasing, constructed of stone veneer and hardiplank. 951 E Parkway is a four lane highway with a turn lane, extremely high traffic counts, and is just 1.5 miles from the main downtown area of Gatlinburg. Surrounding businesses include restaurants, overnight rental developments, amusement, hotel/motel, professional offices, and financial institutions. This investment property is highly visible and viable. Additionally, Rocky Top Sports World is within close proximity and has positively effected growth within the US 321 corridor with gross sales receipts of businesses increasing. Individual leases also available and are listed separately, see MLS# 202325.
Directions: From the Parkway in Gatlinburg, Turn at Traffic Light #3, (US 321). Travel approximately 1.5 Miles to Trentham Place on the Left. See Sign

Status Change Information

Major Change Timestamp: 2017-05-30T05:36:31Z
Major Change Type: Status Change
Status Change Timestamp: 2017-05-30
Purchase Contract Date: 2017-03-17
Close Date: 2017-05-30
Close Price: 1295000
Buyer Financing: Conventional

More Information

Currently Not Used

Book/Page/Doc #: 3472, 377

Showing Requirements

Showing Instructions: Call List agent at 865-607-4111 to set up all showings. Square footage taken from tax records and should be verified by the Buyer / Buyer's agent.
Appointment Only: Yes
See Remarks: Yes

Location, Tax, and Legal

Zip +4: 4914
Street Additional Info: Trentham Place
Restrictive Covenants YN: Yes
Zoning: C-2
Zoning Entity: Gatlinburg
Tax Lot: Yes
Tax Annual Amount: 12360
Tax Year: 2014

Basement

None: Yes

Community Features

Sidewalks: Yes

Construction Materials

Stone: Yes

Documents Available

Property Disclosure: Yes
Survey: Yes

Electric

220 Volts: Yes

Levels

Two: 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
State Road: Yes

Security Features

Fire Sprinkler System: Yes

Special Listing Conditions

In Foreclosure: Yes

Utilities

Cable Available: Yes
Electricity Connected: Yes
Natural Gas 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

Medical/Dental: Yes
Office: Yes
Recreational: Yes
Retail: Yes

Building Features

Elevator(s): Yes
Restrooms: Yes

Business Type

Convenience Store: Yes
Professional/Office: Yes
Retail: Yes

Listing Office: Century 21 Four Seasons Realty Parkway

Last Updated: August - 23 - 2024

Information deemed reliable but not guaranteed.

951 Parkway, Trentham Place, Gatlinburg, TN 37738 (MLS# 198186)