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Description

Here is a rare opportunity to acquire fee simple commercial property on the Parkway in downtown Gatlinburg, Tennessee. This mountain resort and gateway city to Great Smoky Mountains National Park has high barriers to entry, with much closely held land, steep land costs, and lease rates. The property is currently operated as the Smoky Mountain Trout House, a long-established local restaurant. While the business is not offered for sale, all restaurant FF&E will convey. The building consists of a street level dining area and kitchen, and second level dining area and a third level apartment. In addition to restaurant use, consider converting the property for use as a retail store or tourist attraction or completely redeveloping the site. With Parkway (US 441) frontage, the property has very high traffic counts and excellent visibility, and it is within walking distance of downtown Gatlinburg hotels, shops, and attractions. Visitors to Gatlinburg generally park and walk. The property is located between Traffic Lights #2 and #3 and is served by the Gatlinburg Trolley as shown on the attached trolley routes map. Building price details: $410,000.

Property Details

• Type: Retail
• Status: Available
• Year Built: 1950
• Buildings: 1

Map Locations