Hotel is currently Valley View Motel. Lots of potential to remodel and update. 10,332 sq. ft. and 33 units plus office. Also has also house that comes with the property. Two story with exterior walkway. $16,500 per month to lease. House on property, too.Airport Access: TYS
160 room condo/hotel located between Traffic Lights 1 & 2 on the Parkway in Pigeon Forge, TN. The 5 story Lodge has 48 three pod units and 8 two pod units, each with new furniture and furnishings, Jacuzzi, full kitchen, fireplaces and balconies. Have been approved as condo units and could be sold individually. There is 7500sf of meeting space, arcade area, outdoor pool and a new $2.5M indoor pool/game room is currently under construction. The gateway to The Great Smoky Mtns. National Park, the area attracts over 11 million visitors a year. Pigeon Forge is one of the most popular family destinations in the world and is within a one day drive for two-thirds of the population of the United States. Pigeon Forge is home to Dollywood, multiple theaters, amusements, shopping (including Tanger Outlets) and restaurants. The area has over 40,000 hotel rooms and overnite rentals. Owners also have the adjacent Wood Grill Buffet (24K sf on 3.21 acres), the Biblical Times Theater (24K sf on 3.52 acres) and a vacant parcel (1.51 acres) for sale. A unique opportunity to own three premier properties on 13 acres in the heart of Pigeon Forge.
Wood Grill Buffet Restaurant Property located on the Parkway at the corner of traffic light #1 in Pigeon Forge, TN. The building is 24,000 sf on 3.21 acres. Current configuration allows for seating of 750 customers. Largest buffet line in Sevier County with over 250 feet. All FF&E conveys and includes two dishwashers, two ice machines, three walk-in coolers and a 4,000 pound smoker. Could be converted to other concept or remain as Wood Grill Buffet. Current franchise agreement is for 30 years and includes exclusive rights in Sevier County for Wood Grill, Great American Buffet and Western Sizzlin. Franchise Agreement also includes a 2% royalty requirement instead of the standard 6%. The gateway to The Great Smoky Mtns. National Park, the area attracts over 11 million visitors a year. Pigeon Forge is one of the most popular family destinations in the world and is within a one day drive for two-thirds of the population of the United States. Pigeon Forge is home to Dollywood, multiple theaters, amusements, shopping (including Tanger Outlets) and restaurants. The area has over 40,000 hotel rooms and overnite rentals. Owners also have the adjacent Spirit of the Smokies Condo Lodge (160 units on 4.52 acres), the Biblical Times Theater (24K sf on 3.52 acres) and a vacant parcel (1.51 acres) for sale. A unique opportunity to own three premier properties on 13 acres in the heart of Pigeon Forge.
Biblical Times Dinner Theater located at the corner of the Parkway and Teaster Lane in the heart of Pigeon Forge, TN. The theater was built in 2005 and consists of 24,000sf on 3.52 acres. Designed for 990 seats as a theater or 660 seats as a dinner theater. State of the art lighting and sound equipment as well office equipment convey. A large area has been designed as a kitchen with necessary plumbing and electrical in place. The gateway to The Great Smoky Mtns. National Park, the area attracts over 11 million visitors a year. Pigeon Forge is one of the most popular family destinations in the world and is within a one day drive for two-thirds of the population of the United States. Pigeon Forge is home to Dollywood, multiple theaters, amusements, shopping (including Tanger Outlets) and restaurants. The area has over 40,000 hotel rooms and overnite rentals. Owners also have the adjacent Spirit of the Smokies Condo Lodge (160 units on 4.52 acres),the Wood Grill Buffet (24K sf on 3.21 acres)) and a vacant parcel (1.51 acres) for sale. A unique opportunity to own three premier properties on 13 acres in the heart of Pigeon Forge.
Sperry Van Ness | R. M. Moore, LLC is pleased to exclusively offer for sale the leasehold estate interest in Walden’s Landing, an attractive multi-tenant retail and entertainment center strategically located on the Parkway (U.S. 441) in the heart of the tourist resort city of Pigeon Forge, Tennessee. The 6-building single story center is situated on approximately 7 acres subject to a long-term ground lease, with about 40.5 years remaining on the lease term. The center is located on the west side of the Parkway (U.S. 441), close to the intersection with Wears Valley Road (U.S. 321). It has 712 feet of Parkway frontage, affording superior visibility and ready access. Pigeon Forge has high economic barriers to entry, with limited availability of commercial development land and annual retail lease rates that can exceed $50 per square foot. Pigeon Forge and the neighbor city of Gatlinburg are the only cities which the State of Tennessee has officially designated as "Premier Type Tourist Resort City," qualifying them for a unique revenue-sharing status with the state. Building size above is actually gross leaseable area: 35,207 square feet Retail & restaurants 8,846 square feet Calhoun's restaurant (pays ground rent) 14,500 square feet The Forge Cinemas (pays ground rent) 48,000 square feet Firehouse Golf outdoors course (pays ground rent) 107,553 square feet Gross Leaseable Area • 8.0% proforma acquisition Cap Rate, closely parallels actual 2012• $21.55 per square foot average annual retail base rent plus pass throughs• Supply constrained market• Ample ground leasehold term remaining (40.5 years)• 94% current occupancy• 712 front feet on the ParkwayPigeon Forge, Sevierville and Gatlinburg are the three main cities in Sevier County which is located about 25 miles southeast of Knoxville. The economic base is tourism, with 11 to 13 million annual visitors. Major attractions include Great Smoky Mountains National Park (the nation's most visited); Dollywood theme park; mountain resort city of Gatlinburg; Ripley's Aquarium of the Smokies; The Titanic Museum, numerous outlet malls; large show theaters; and countless other tourist venues. Located BetweenParkway & Community Center DriveParking: Onsite, pavedAirport Access: McGhee Tyson Airport, Alcoa, TNHighway Access: Smoky Mountain Parkway (US 441)
Now available, a Convenience Store located on Wears Valley Road. The property includes a Subway within the premises. The sale price includes all ongoing business operations, including extra income from the sublease to Subway. There are 15+ years remaining on the current ground lease, with annual increases.
Retail Property located on the Parkway in Pigeon Forge. The front 1,996 sq. ft. consists of a Baskin Robbins Ice Cream shop, and the rear 3,264 sq. ft. of the building is vacant; previously used as an office space consisting of five private offices, a conference room and a reception area. Ample parking at the rear of the building. The Property is currently subject to a ground lease.
This 2.51-acre tract is located near the intersection of Old Mill Avenue and Teaster Lane. It is improved with a multi-use commercial building on the front and self-storage units in the rear. The property has excellent road frontage and great visibility. Great location for retail, hospitality, etc. This is a prime redevelopment property.• Bank REO property• Excellent visibility and great location near the corner of Old Mill Ave. & Teaster Ln.• Located next to Patriot Park in the heart of Pigeon Forge• Good opportunity for redevelopmentThis fee simple property is located in the heart of Pigeon Forge next to Patriot Park in the Old Mill area. The Old Mill area is a popular tourist attraction for the 11 to 13 million annual visitors to The Great Smoky Mountains. Located BetweenOld Mill Ave & Teaster LnParking: Onsite, paved/graveledHighway Access: Veterans BoulevardLegal Description: Tax Map 094E, Group B, Parcel 005.00
Zoned Commercial, & has many possible uses (including multi-family and overnight rental). All city utilities/services (water/sewer/natural gas, ect.). This 4-BR/2-BA home sits on Wears Valley Rd. w/an average daily traffic count according to TDOT of 19,869 as of 2011. There is a separate 1-BR apartment up and on the main level, 3-BR's, large room at the entrance for a family room or business plus kitchen, bath,utility rm., sunroom, extra storage and more! Beautiful older cottage, perfect for a small business on a main corridor into and out of Pigeon Forge and the Great Smoky Mtn's. Seasoned w/the original pine paneling on on the walls and ceiling, beautiful landscaping and plenty of room for additional parking. Unlimited possibilities for office use, original mtn. shop, ect. Multiple uses allowed w/C-6 Zoning. Buyers must be prequalified to view property.Located BetweenParkway and Waldens Creek
This 1800 sq.ft.office building is located just off the Parkway (US 441) in Pigeon Forge, with Parkway visibility. It is in one of the most progressive growth areas of Sevier County, across the street from The Titanic Museum, Smoky Mountain Opry, WonderWorks, and a major planned 18-acre tourist development. The building's interior has been tastefully renovated to include T1 internet, full custom kitchen, four offices, conference room, and 1.5 baths. Level, on-site paved parking is available. The property is also offered For Lease.• Excellent location with Parkway(US 441) visibility• Close to all Pigeon Forge tourist attractions• Level, on-site paved parking available• Property is also offered For LeaseLocated in Pigeon Forge, one of three Sevier County tourist towns, along with Gatlinburg and Sevierville, that brings in 11-13 million annual visitors to such attractions as the Great Smoky Mountains National Park, Ober Gatlinburg Ski Resort, Ripley's Aquarium of the Smokies, Dollywood Theme Park, The Titanic Museum, WonderWorks, Smoky Mountain Opry, and a wide variety of restaurants, music/dinner theaters, outlet shopping, unique and quaint craft shops, trout fishing, and hiking trails.Highway Access: Parkway (US 441)Legal Description: Map 072O, Group A, Parcel 033.00, Lot 28
The former Dick Clark's American Bandstand is located at the entrance to the Great Smoky Mountains National Park which is the most visited national park with an average of 10,000,000 visitors per year. Other surrounding attractions include amusement and water parks, hotels,restaurants, museums, theaters and interactive venues for all ages. The property includes a four story multi-use building plus a daylight basement for a total of approximately 112,620/SF situated on a 40+ acre tract that is zoned C-2, Tourist Commercial District. Located BetweenCates Lane and ParkwayAirport Access: Gatlinburg Pigeon Forge Airport, Sevierville, TN - 10 Miles, McGhee Tyson Airport, Knoxville, TN - 40 miles
Former entertainment venue in Pigeon Forge. Original construction cost of land, building and parking: $27,000,000. Replacement Cost estimated at $23,500,000. Lower level: 33,501 SF daylight basement containing an exceptionally large commercial kitchen, vendor booths, dining/meeting area, shipping/receiving area, restrooms and two large mechanical rooms. 1st Floor: 21,378 SF containing a ticket booth area, reception area, and with the majority of the space being open floor plan. A large open atrium extends from the first floor to the third floor. Two escalators serve the first floor and lower floor. 2nd Floor: 22,051 SF, largely open floor plan and includes a stock room. 3rd Floor: 22,051 SF, largely open area and includes a stock room, restrooms and a small enclosed retail area. 4th Floor: 13,639 SF containing a large open office area, two offices, a conference room, a training room, a cash room with vault and two mechanical rooms. The facility is served by (2) elevators. One elevator serves all five floors and the other elevator serves the bottom four floors. 10,000,000 visitors per year. The Great Smoky Mountains National park is the nation’s most visited national park with more than twice the visitation of the second most visited park, Grand Canyon National Park. Visitor’s Average travel distance to Pigeon Forge is 330-368 miles. Property located at the Gateway to the Great Smoky Mountains National Park. Less than 2 miles to Dollywood in Pigeon Forge, Tennessee. Parking: 670 Parking Spaces
Commercial Building, approximately 832 S.F., and has been used as restaurant, small convenience store, video store, business office and rental company. Parcel 129 (Map 93)also fronts the main road and is improved with a Triplex, (1-3 B/R and 2-1 B/R apartments) which sits back off the road and is more private. (See MLS# 171885 for more detail). Any use must comply with zoning and city regulations (Zoning in Assoc'd Doc's). High traffic volume consists of both permanent and season guests of the Great Smoky Mountain area. Trolley stop is VERY close. Convenient location to business in town, tourist attractions, shopping and more. Being sold "AS IS". Effective age of commercial building is 1986, original construction is 1980.Surrounding area is composed of businesses/commercial and still some remaning residential. It is on the 4-lane highway in the City Limits of Pigeon Forge. High traffic count. Multi-use property. This is a developing area.Located BetweenHwy. 321 S and US Hwy. 441Highway Access: Hwy. 441 is 1.8 miles from property. Property fronts on US Hwy. 321 S.Legal Description: Map 93, Parcels 129 & 129.01
This Hotel is great for Group meetings, family and military reunions and family vacations. All Rooms have a small refrigerator, microwave and coffee maker. There are King Bedrooms or two queen rooms. The MOUNTAIN VIEW ROOMS have private balconies with 2 queen beds. The JACUZZI ROOMS have seasonal fireplace, private balcony, and in-room Jacuzzi. The Deluxe rooms, has either 1 king bed with a sofa bed or 2 queen beds and opens to the indoor pool. Offers free Continental Breakfast in Café, three swimming pools, and three whirlpools. Has Established history of cash flowing with great returns. Cash Flow History is available with proof of financial capability, and NDA. This motel is for sale at approximately 3.5 times Gross Income. As far as buying a Luxury, you have found it. There is also an Additional 2.1 Acres of Vacant Land beside this Hotel sold separately if Buyer would want to expand. You can learn more about this Hotel from their website……Just search Best Western Plaza Pigeon Forge TN.Located on the Parkway in Pigeon Forge Tennessee, now part of the Great Smoky Mountain Parkway that travels through Sevierville, Pigeon Forge and Gatlinburg directly to the Great Smoky Mountains National Park. One mile from the main entrance to Dollywood theme park and just steps from Dixie Stampede Dinner Theatre. 11-13 million annual visitors. Highway Access: The property is located on the northbound side of The Parkway. It has excellent visibility, with 350 feet of Parkway frontage
Well established property located on The Parkway in Pigeon Forge, TN with numerous restuarants and shops nearby. There is a variety of different room types, an outdoor pool, indoor pool and spa. Property is located on the southbound side of The Parkway directly across from the Dixie Stampede.Parking: Paved, on-siteHighway Access: The Parkway (US 441) in Pigeon Forge, TNLegal Description: Tax ID 094M A 001.00 Land Map 094L