159 Industrial Park Dr - Specialty FOR SALE


Sevierville, TN 37862
$849,000 USD
865-216-8011
159 Industrial Park Dr, Sevierville, TN for Sale
$849,000 USD
Specialty - FOR SALE
1/9
null | Request Cap Rate

159 Industrial Park Dr
Sevierville, TN 37862


OVERVIEW

Looking for a top-tier aircraft hangar that checks every box and then some? Welcome to your next aviation base at the Gatlinburg Pigeon Forge Airport (KGKT) in beautiful Sevierville, Tennessee. This is a pilot-owned, thoughtfully designed hangar that brings together functionality, comfort, and serious wow factor — all under one roof. The hangar itself spans an impressive 60 feet wide by 50 feet deep, with a massive 50-foot-wide bi-fold door that opens to a full 20 feet high from the slab — plenty of clearance for most single-engine aircraft. It’s built to last, with a robust steel frame and fully insulated throughout — walls, ceiling, even the door — so you stay protected from the elements no matter the season. Inside, a gas heater keeps the space cozy in winter (I usually set it at a steady 55 degrees), and power outlets are thoughtfully placed around the perimeter for your tools, chargers, or maintenance needs. You’ll also never run out of hot water, thanks to a high-efficiency, tankless gas water heater. On the ground level, there’s a sleek 200-square-foot office with a large picture window and its own split-system HVAC for year-round comfort — perfect for flight planning or just getting a little work done between takeoffs. You’ll also find a dedicated storage room with wall-mounted racks and pegboard for organizing gear, plus a full bathroom that includes a shower and washer/dryer connections. The main hangar space comfortably accommodates up to three single-engine aircraft, and the rear mezzanine allows for extra flexibility, with a full 12 feet of clearance beneath it so you can still maneuver your aircraft with ease. But what truly sets this hangar apart is what’s upstairs: a fully built-out, 800-square-foot pilot’s lounge apartment that’s equal parts functional and impressive. The living area is spacious and welcoming, anchored by a gourmet kitchen outfitted with a gas oven/stove, microwave with exhaust, polished countertops, and a butcher block island that’s ready for everything from coffee to crew dinners. The full bath is loaded with luxuries — a large soaking jacuzzi tub with a shower over, a double vanity cabinet, bidet toilet, and even customizable lighting and ventilation controls. There's fast wi-fi, so you can stay connected or stream while you relax. The bedroom features a unique fuselage-inspired design that gives the space an unmistakable aviation character, with closet space tucked discreetly behind. This hangar is in its third year of a 30-year ground lease, and the monthly lease rate is refreshingly minimal. The sale includes full ownership of the hangar and all furnishings and appliances (excluding personal effects), so it's move-in ready from day one.

FOR SALE DETAILS

PRICE

$849,000 USD

PRICE/SF

$283 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.09 AC

LAND SF

178,243 SF

ZONING

M-1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Randy Bable10 Commercial PropertiesMore Info
865-216-8011

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Randy Bable10 Commercial PropertiesMore Info
865-216-8011

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.