Let Carlton Hackney Help You Purchase This Commercial Property

Thank you for choosing Carlton Hackney! As one of the Knoxville area's premier Real Estate Brokers, we are uniquely qualified to help you find the perfect commercial property. On the lake, around town or out on a farm, Carlton Hackney is here to help!

1811 Parkway, Sevierville, 37862

Priced At: $7,300,000

Property Details for ID: 1093561

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SqFt: 18,000
Price SqFt: $406
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: Commercial
On Market Date: 2019-09-05T17:53:16Z
Subdivision: ********

Public Remarks: 1811 Parkway is an ideally located Class A six tenancy retail condo with five existing long term tenants enabling a current GOI of over $406,000 per annum. Allowing at least another $40,000 per year with the vacant tenancy being occupied, the simplest option for an investor upon procuring this property is to maintain the current tenants and take over the property management of the building. With only about $55,000 in expenses (inclusive of city/county taxes) per year this guarantees a very healthy income stream with little or nothing needing to be done to the building in the manner of maintenance for several years to come. The property also offers opportunity for future development with the growth of Sevierville, Pigeon Forge and the whole of Sevier County far outstripping growth

Schools Information

Elementary School: ********
Middle / Junior School: ********
High School: ********

Building Description

SqFt (Total): 18,000

  Exterior Features

Construction: Frame, Steel
Siding: Aluminum Siding

  Appliances

  Room Dimensions

  Interior Features

  Property Details

Acreages: 1.98

Utilities

Fuel Types: Electric

Financing

Finance Options: Cash, Conventional
Gross Annual Income: 406,632
Annual Operating Expenses: 55,759

  HOA Information

Restrictions: Yes

Heating & Cooling

Cooling Type(s): Central Cooling, Zoned Air Cond
Heat Type(s): Central, Zoned Heating

Garage / Parking

  Community Features

Outbuildings


Presented By: Randy @ REMAX Preferred Properties.... your REALTOR® / Realty Executives Southern Living

Up Coming Open Houses

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Directions

Just south of Tanger Mall on the East Side of the Parkway in Sevierville before entering Pigeon Forge



Your commute

( Departing today at 8:00am )


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