Historic Nature Trail - Restaurant FOR SALE


Gatlinburg, TN 37738
$12,750,000 USD
865-607-9536
Historic Nature Trail, Gatlinburg, TN for Sale
$12,750,000 USD
Restaurant - FOR SALE
1/12
null | Request Cap Rate

Historic Nature Trail
Gatlinburg, TN 37738


HIGHLIGHTS

  • Three contiguous commercially-zoned lots in Gatlinburg, improved with Restaurant, Retail Building, Parking Lots
  • Restaurant business is not included in sale offering-only the real estate
  • Numerous flagged and independent hotels and resort lodging properties nearby
  • Within walking distance to US 441 (Parkway), the city's major traffic corridor
  • Versatile property for various business concepts, including hotel and resort lodging, restaurants
  • Established commercial area with strong consumer pedestrian and vehicle traffic

OVERVIEW

The Property consists of three contiguous commercially-zoned lots located in the commercial tourist area of downtown Gatlinburg, TN. One lot is improved with a restaurant doing business as The Log Cabin Pancake House. A retail building is located immediately adjacent to it, and the remainder of the Property consists of paved parking lots. The total square footage for the two buildings is approximately 10,492 sq.ft. There are numerous flagged and independent hotels and resort lodging properties nearby. The Parkway (US 441) is within a short walking distance.

FOR SALE DETAILS

PRICE

$12,750,000 USD

PRICE/SF

$1,560 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,531 SF

ZONING

C-1

APN/PARCEL ID

-

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 Policy.