740 River Rd - Loft/Creative Space FOR SALE


Gatlinburg, TN 37738
$1,750,000 USD
865-607-9536
740 River Rd, Gatlinburg, TN for Sale
$1,750,000 USD
Loft/Creative Space - FOR SALE
1/9
null | Request Cap Rate

740 River Rd
Gatlinburg, TN 37738


HIGHLIGHTS

  • Scenic rushing river frontage
  • All public utilities and onsite parking
  • High density area of lodging, retail, and entertainment
  • 3-BD, 1.5 BA house for both personal and short-term-rental (STR) use. It is not typical to find a stand-alone STR property in this commercial location
  • Opportunities to further improve the existing building or fully redevelop the property.

OVERVIEW

This is an uncommon opportunity to acquire a unique fee-simple commercially-zoned property in the heart of downtown Gatlinburg, TN. The 0.53-acre lot is improved with a 1950-built, 3-bedroom, 1.5-bath house that has been renovated and furnished for both personal and short-term-rental tourist use. It is ideal for additional improvements to the existing building or for redevelopment of the commercial lot.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$1,045 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Downtown Gatlinburg Commercial Property

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,324 SF

ZONING

C-2

APN/PARCEL ID

126N-B-004.00

ASK ABOUT THIS PROPERTY

David Gothard, CCIMNAI Koella | RM Moore, Inc.More Info
865-607-9536

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David Gothard, CCIMNAI Koella | RM Moore, Inc.More Info
865-607-9536

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