446 E Parkway - Freestanding FOR SALE


Gatlinburg, TN 37738
$3,750,000 USD
513-315-7694
446 E Parkway, Gatlinburg, TN for Sale
$3,750,000 USD
Freestanding - FOR SALE
1/23
null | Request Cap Rate

446 E Parkway
Gatlinburg, TN 37738


HIGHLIGHTS

  • Mixed use building with two long-term apartment rentals that have been beautifully renovated.
  • Three solid retailers paying below market rents.
  • Five office tenants paying below market rents.
  • Apartment rentals are sprinkled and fully furnished.

OVERVIEW

Introducing an exceptional opportunity for retail investors: a prime 21,500 SF building boasting 10 units, located at 446 E Parkway, Gatlinburg, TN. Built in 1976 and tastefully renovated in 1990, this property is ideally zoned C2, offering endless retail potential in the vibrant Gatlinburg area. With its strategic location and versatile space, this property presents a compelling investment opportunity. Whether it's maximizing foot traffic, capitalizing on tourist influx, or tapping into the thriving local market, this property is poised to become the next retail success story.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$174 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

C-2

APN/PARCEL ID

078126L C 04000

ASK ABOUT THIS PROPERTY

Elizabeth HouserSVN | Wood PropertiesMore Info
513-315-7694

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Elizabeth HouserSVN | Wood PropertiesMore Info
513-315-7694

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