Pigeon Forge, TN 37863,2825 Parkway
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Pigeon Forge, TN 37863,2825 Parkway
Pigeon Forge, TN 37863,2825 Parkway
Pigeon Forge, TN 37863,2825 Parkway
Pigeon Forge, TN 37863,2825 Parkway
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Listed by David Gothard • NAI Koella | RM Moore
$ 15,100,000
Est. payment /mo
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Price Dropped by $1.4M

2825 Parkway Pigeon Forge, TN 37863

73,448 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 73,448 sqft

Price per Sqft $205

MLS Listing ID 300882

HOA Y/N No

Originating Board Great Smoky Mountains Association of REALTORS®

Year Built 1983

Annual Tax Amount $33,464

Tax Year 2023

Lot Size 2.340 Acres

Acres 2.34

Property Sub-Type Hotel/Motel

Property Description

Fee Simple interest in a 4-story, 165-unit limited service hotel. Located on the primary traffic artery for Sevier County's 15 million annual visitors. Highly accessible, high traffic count location. 10 additional rooms converted to non-guest use. Outside pool, exterior corridor, pet-friendly, covered terrace, located in the heart of Pigeon Forge, close to restaurants, shopping, entertainment.

The owner is also offering for sale a 3-hotel portfolio of this hotel and two additional hotels on the Parkway in Pigeon Forge. The price for this 350-room portfolio is $36,200,000.

Location

State TN

County Sevier

Zoning C-2

Direction On the Parkway (US 441) in Pigeon Forge, the property is located on the Northbound side of the Parkway in the city of Pigeon Forge.

Exterior

Exterior Feature Lighting

Parking Features On Site, Paved

Utilities Available Electricity Connected, Phone Connected, Sewer Connected, Water Connected

Street Surface Paved

Accessibility Accessible Entrance

Road Frontage City Street, Highway

Building

Lot Description Paved

Story 4

Sewer Public Sewer

Water Public

Structure Type Block,Brick

Others

Acceptable Financing Cash, Conventional, Fee Simple Improved

Listing Terms Cash, Conventional, Fee Simple Improved


agent

Nic Nicaud

Broker | License ID: 302707

+1(865) 742-1312

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2825 Parkway