$415,000
$450,000
7.8%For more information regarding the value of a property, please contact us for a free consultation.
3,792 SqFt
SOLD DATE : 02/03/2022
Key Details
Sold Price $415,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 3,792 sqft
Price per Sqft $109
Subdivision Ownby Hills
MLS Listing ID 242383
Sold Date 02/03/22
Originating Board Great Smoky Mountains Association of REALTORS®
Year Built 1977
Annual Tax Amount $2,047
Tax Year 2019
Lot Size 0.540 Acres
Acres 0.54
Property Description
Motivated Seller! Outstanding location in the historic Arts & Crafts Community of Gatlinburg! Fee-simple commercial property. Charming shop perfect for an owner/operator currently used as a craft and gift store. Main level includes a large retail space with fireplace, one and one half bathrooms, kitchen, storage, utility room and living space for an owner/operator. The upper level features a one bedroom apartment with a separate entrance that can be used for additional income. Outbuilding for additional storage in the back. Furniture and fixtures will convey with some exceptions. Vape shop stock, Bear Holler BBQ sauces/items, business name and company website(s) will not convey. About 2/3 of the lot that fronts Glades Rd. and includes the building is zoned C-5. It is currently used as a Gift & Crafts store, but is also zoned for an antique store, restaurant, wedding chapel, farmers market or bed and breakfast. The rear portion of the lot that fronts N. Ownby Dr. and includes the shed is zoned R-1A.
Location
State TN
County Sevier
Zoning C-5
Direction From Hwy 321/East Parkway in Gatlinburg, turn left onto Glades Rd. Follow 1.3 miles to property on the right - Elk River Crafts & Gifts
Rooms
Basement None
Interior
Heating Forced Air, Natural Gas, Space Heater, Wall Furnace
Cooling Wall Unit(s), Window Unit(s)
Exterior
Garage On Site
Utilities Available Cable Available, Electricity Connected, High Speed Internet Available, Phone Connected, Sewer Connected, Water Connected
Waterfront No
Road Frontage City Street
Parking Type On Site
Building
Building Description Frame,Wood Siding, Fixtures,Furniture,Storage
Structure Type Frame,Wood Siding
Others
Acceptable Financing 1031 Exchange, Cash, Conventional, Fee Simple Improved, Special Funding
Listing Terms 1031 Exchange, Cash, Conventional, Fee Simple Improved, Special Funding
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "