3,120 SqFt
3,120 SqFt
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 3,120 sqft
Price per Sqft $318
MLS Listing ID 311165
HOA Y/N No
Year Built 1975
Annual Tax Amount $1,362
Tax Year 2025
Lot Size 0.640 Acres
Acres 0.64
Property Sub-Type Hotel/Motel
Source Great Smoky Mountains Association of REALTORS®
Land Area 3120
Property Description
Included in the offering is an adjacent parcel featuring a scenic outdoor stage and open lawn space currently utilized for weddings and events. With mountain views as a backdrop, this venue provides excellent potential for ceremonies, receptions, private gatherings, small concerts, retreats, and other event-driven income opportunities. Existing structures on-site offer the potential to be completed as bridal suites, guest amenities, or restroom facilities, further enhancing the usability and revenue potential of the venue.
Positioned in one of the Smoky Mountains' strongest tourism corridors, this property benefits from the millions of visitors traveling through Sevier County annually while offering guests a quieter and more scenic alternative to the Parkway lodging environment. The property currently operates with an established booking presence and provides additional upside through expanded event programming, enhanced marketing, improved revenue capture, and operational optimization.
Now offered at $995,000, this is an attractive opportunity to acquire a turnkey boutique hospitality property with multiple income streams and significant upside potential in one of Tennessee's most visited tourism destinations.
Location
State TN
County Sevier
Zoning C2
Direction Take Wears Valley Rd towards Townsend through Wears Valley past Foothills Parkway and property will be a bit past on the right hand side of the road.
Interior
Heating Electric, Wall Furnace, Zoned
Cooling Electric, Wall Unit(s)
Flooring Luxury Vinyl
Window Features Window Treatments
Exterior
Exterior Feature Rain Gutters, Storage, Other
Community Features Other
Utilities Available Electricity Connected, Internet Connected, Water Connected
Street Surface Paved
Road Frontage County Road, Highway
Building
Lot Description Few Trees, Landscaped, Level, Rectangular Lot, Split Possible, Views, Other, See Remarks
Building Description Brick,Frame,Wood Siding, Fixtures,Furniture,High Speed Internet,Living Space,Reception Area,Restrooms,Storage
Story 1
Foundation Slab
Sewer Septic Tank
Water Private, Well
Structure Type Brick,Frame,Wood Siding
Others
Security Features Smoke Detector(s)
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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