Business and Real Estate For Sale on The Parkway

Retail-Commercial for Sale
Catylist Listing ID: 30818364
Property Subtypes: Free-Standing Building, Retail-Pad, Street Retail
Building Size (RSF): 8,400 SF
Gross Building Area: See Agent
Gross Land Area: 0.93 Acres
Sale Price: $1,700,000
Unit Price: $202.38 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/7/2023

Overview / Comments

Property Highlights:

45K Cars Per Day
Incredible visibility
Huge parking lot
Billboard income
Existing Cash Flow & Inventory
Well known dishware brand Fiesta and Pfaltzgraff

Property Description:

Stellar visibility on Hwy 66 with more than 45K cars per day on a .93 Acre
parcel.

Includes 8,400 SF building with turn key business and a
grandfathered sign 32x12.

First level has 5,400 SF upper level has approx.
3,000 sq. ft.

Parcel is on the east side of Winfield Dunn Parkway and
features 2 points of entry for easy ingress/egress.

Desirable C-4 Zoning with additional billboard income.
This is an operating business, cashflow positive, no debt, and an
established loyal customer base for over 15 years at this location.

Additional Details

Nearest MSA: Sevierville
County: Sevier
Tax ID/APN: 078027H C 03600
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Visibility: Excellent
Feet of Frontage: 200
Traffic/Vehicle Count: 45,000
Site Description: Stellar visibility on Hwy 66 with more than 45K cars per day on a .93 Acre parcel. Includes 8,400 SF building with turn key business and a grandfathered sign 32x12. First level has 5,400 SF upper level has approx. 3,000 sq. ft. Parcel is on the east side of Winfield Dunn Parkway and features 2 points of entry for easy ingress/egress. Desirable C-4 Zoning with additional billboard income. This is an operating business, cashflow positive, no debt, and an established loyal customer base for over 15 years at this location.
Number of Stories: 2
Property Condition: Fair
Year Built: 1973
Zoning Description: C-4
Lot Frontage: 200
Lot Depth: 250

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,735 13,644 23,299
Median Age: 39.22 40.61 41.07
Households: 673 5,340 9,387

Contact

Photograph of Listing Agent

Mary Ellen Kilburn

NAI Koella | RM Moore ETNRCRE Member
Photograph of Listing Agent

Justin Sterling

NAI Koella | RM Moore ETNRCRE Member
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