2575 Parkway, Pigeon Forge, TN 37863

Commercial property for lease

  • Description
  • This is a rare opportunity for a visionary commercial investor/developer to acquire 4.5 acres at one of the premier locations in the tourist destination city of Pigeon Forge, Tennessee. Located at the northeast corner of the Parkway (US 441) and East Wears Valley Road, the property features level topography, excellent highway frontage, access, and visibility, and scenic river frontage. The land is improved with The Track - Pigeon Forge, a popular amusement venue, where the lessee business owner has a long-term ground lease which expires in about 9 years (1/1/2027).The City of Pigeon Forge has an easement along the river on the back of the Property which it is developing as part of The Riverwalk Greenway, a public access walking trail. The trail is currently almost 2 miles long, and when completed will stretch for four miles, connecting one side of the city to the other. This will provide tremendous foot traffic to the Property in addition to the highway traffic. Signalized corner tract at this tourist city's busiest intersection50,356 average daily traffic count (T.D.O.T.)About 970 front feet on the Parkway (US 441)About 800 feet on West Prong of Little Pigeon River Building price details: $10,500,000.
  • Contact info
  • David L. Gothard
    NAI Koella | RM Moore
  • Note
  • Details Info about this row that located on 2575 Parkway, Pigeon Forge, TN 37863 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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  • Property Details
  • Property Type: Commercial (Other)
    Status: Available
    Price: $ 2,333,333 +/Acre
    Lot Size: 4.500 Acres
    Submarket: Hospitality, Retail, Retail-Pad, Vacation/Resort
    MSA: Sevierville
    Zoning: C-2 GENERAL COMMERCIAL
    Buildings: 1
    Terms: Cash to Seller
    Added: 12/19/2017

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