606 Parkway, Gatlinburg, TN 37738 - retail-commercial property

Detailed information about retail-commercial property which situated in Gatlinburg (37738) city, Tennessee state on 606 Parkway.
Gatlinburg is the gateway city to the Great Smoky Mountains National Park, and home to Ober Gatlinburg Ski Resort, Ripley's Aquarium of the Smokies, Glades Arts & Crafts Community, and numerous restaurants, quaint retail shops, hiking trails, and trout fishing. Gatlinburg is just one of three tourist towns in Sevier County, which attracts 11-13 million annual visitors to Dollywood Theme Park, The Titanic Museum, WonderWorks, Smoky Mountain Opry, music/dinner theaters, and outlet shopping malls.

Additional Information: This two-story street retail building is offered for sale, fee simple. It is located in a prime location on the Parkway (US 441), with heavy vehicular and pedestrian traffic. It is currently occupied by an upscale wood carvings store. About 60% of the second floor is for public retail use, and the remainder is an efficiency apartment currently used for inventory storage. Fee simple retail property such as this one rarely becomes available for purchase on the Parkway in Gatlinburg, where much of the property has historically been owned or tightly controlled by relatively few individuals or entities. Long-term ground leases are common, and annual rent rates can exceed $70 per square foot.