446 ParkwayGatlinburg, TN 37738

  • Retail properties
  • 21,500 SF
For Sale
$3,750,000 View listing

Property Details for 446 Parkway

Year built
1976
Lot size
0.49 AC
Property size (Sq ft)
21,500 SF
Property type
Retail properties
Property subtype
Other retail properties

Description

This exceptional Class A retail storefront, located at 446 East Parkway in Gatlinburg, Tennessee, presents a compelling investment opportunity. The 21,500 square foot building sits on a 0.49-acre lot (APN: 078126L C 04000) and is zoned C2, allowing for a variety of retail uses. Originally constructed in 1976 and renovated in 1990, this three-story building offers a unique blend of retail and other uses. The property currently includes three retail tenants paying below-market rent, and five office tenants also paying below-market rent. In addition, there are two long-term, beautifully renovated, fully furnished apartment rentals. This prime location in the heart of Gatlinburg offers significant potential for increased revenue through market-rate adjustments and strategic tenant selection. The high volume of tourist traffic and strong local market make this a truly exceptional investment opportunity in a thriving Tennessee community. The property's size and versatile zoning provide ample space for expansion or adaptation to meet evolving market demands. This is a rare chance to acquire a well-established property with significant upside potential in a highly desirable location. Sevier County's robust economy and Gatlinburg's consistent tourism draw make this a strong investment for the future.

446 Parkway, Gatlinburg, Tennessee

Location Insight

City
Gatlinburg
County
Sevier
State
Tennessee
Latitude
35.7158
Longitude
-83.5034

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