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  • - Commercial For Sale

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Description for 413 Baskins Creek Rd MLS# 8534700

Ten units in beautiful downtown Gatlinburg. Short walk to a wide selection of exciting attractions, local dinning, and diverse shopping experiences. Seven 2 bed 2 bath units and Three 3/3's for a total of 23 bedrooms, 23 full baths, and 10 kitchens, fireplaces, and balconies - no throw in units here, all marketable space! White water rafting, mountain hiking, skiing, snowboarding, and amusement park rides all just minutes away. Take the Red Line Trolly to downtown Gatlinburg, blocks from the property, drive down the road to Dollwood, or enjoy the on-site pool and hot tub - renters of any age will find what they are looking for. Recent renovations and upgrades 300k revenue last full operating year, on schedule to repeat that.

General Features

  • Property For
    Sale
  • Listing Type
    Commercial
  • County
    Sevier
  • Approx. Lot Size
    1/2 - 1 Acre
  • Approx. Sq. Ft.*
    8936
  • Price
    $2,500,000

Additional Details

Accessibility
Elevator Acc Wheelchair
Cooling CM
Wall Unit
Current Zoning
Commercial
Industrial Features
Fixtures/Furniture,Passenger Elevator,Public Transportation,Security System,Sprinkler System
Parking CM
Paved Lot
Property Setting
Creek,Mountain
Special Conditions
Recently Renovated,Rental,Covenants/Restrictions
SQFT Source
Public Record
Square Footage
5000-10000
Total Finished Area
8936
Total Parking
45
Unit Lot Number
201, 202, 203, 204, 205, 206, 207, 301, 302, 501
Price Per Sq Ft
279.77
Tax Year
2018
Taxes
7166

Lot

Lot Size
1/2 - 1 Acre
Energy Related
Water Heater-electric
Heating Source
Electric,Gas
Heating Type
Heat Pump
Utilities Available
220 Volt Power,Cable Tv,Electricity,High Speed Internet,Natural Gas,Sewer Available,Telephone,Underground Utilities,Water
Complex Name
Gatlinburg Towers

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Market Research


 

Gatlinburg Commercial Values

Average List Price:
$624,410
Average Sold Price:
$693,000
Average Price per SQFT:
(N/A)
Average Days on Market:
236
Number of Properties for Sale:
4,337
Vs.

This Property

List Price:
$2,500,000
Approx. Price per SQFT:
$279.77 / sqft
Days on Website:
334 (Mar 01, 2019)

Pricing Considerations

List Price:
$2,500,000
Price per SQFT:
$279.77 / sqft (based on 8936 approximate square feet)

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Hi, Are you curious about this property? Contact us with any questions.