117 Bishop Lane

    Gatlinburg, TN 37738
    • $1,350,000
    • STATUS: Active
    • ON SITE: 340 days
    • ID#: 210474
    $1,350,000
    • 0
      BEDS
    • 1.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,776
      SQFT
    • $174
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1978
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Nai Koella | Rm Moore.

    Description

    This is a prime commercial redevelopment site in downtown Gatlinburg. Formerly operated as the Kingwood Inn, much of the improvements were destroyed by fire in 2016. The burn debris has been removed and the site cleaned up. One 3-story 18-room building remains and can be returned to usable condition. However, the property is priced as if vacant for redevelopment. There are no financial operating records available. The property is located adjacent to Arrowmont School of Arts & Crafts and Pi Beta Phi Elementary School. It is a short walking distance to the Parkway, Aquarium of the Smokies, and the new Anakeesta Aerial Adventure Park. The main property consists of an area of 0.92-acre. There is an additional 0.34-acre tract of 3 lots that is close to but not contiguous with the main property. These properties are offered as an aggregate, but may be purchased separately as follows: Parcels 005 & 007: $1,000,000. Parcels 002 & 003: $350,000.

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    Copyright 2018 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Colonial Real Estate. Information deemed reliable but not guaranteed. Last updated 2018-05-23T00:16:11.717.
    www.smokylistings.com/homes/73687342

    117 Bishop Lane Gatlinburg, TN 37738

    • Price: $1,350,000
    • Status: Active
    • ID#: 210474
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.26
    Acres
    7,776
    SQFT
    $174
    $/SQFT
    1978
    Built
    Neighborhood:
    Stephen Whaley
    County:
    Sevier
    Area:
    Gatlinburg
    Property Description
    This is a prime commercial redevelopment site in downtown Gatlinburg. Formerly operated as the Kingwood Inn, much of the improvements were destroyed by fire in 2016. The burn debris has been removed and the site cleaned up. One 3-story 18-room building remains and can be returned to usable condition. However, the property is priced as if vacant for redevelopment. There are no financial operating records available. The property is located adjacent to Arrowmont School of Arts & Crafts and Pi Beta Phi Elementary School. It is a short walking distance to the Parkway, Aquarium of the Smokies, and the new Anakeesta Aerial Adventure Park. The main property consists of an area of 0.92-acre. There is an additional 0.34-acre tract of 3 lots that is close to but not contiguous with the main property. These properties are offered as an aggregate, but may be purchased separately as follows: Parcels 005 & 007: $1,000,000. Parcels 002 & 003: $350,000.
    Exterior Features

    Access City StreetPaved Road Exterior Features Onsite ParkingPaved Parking

    Interior Features

    Rooms 18

    Property Features

    Annual Tax 9761 Business Name Kingwood Inn Commercial Type Fee Simple Improved Common Area Maintenance Per Month 0 District 11 Hoa Per Month 0 Lot Block Unit 101214 Possession At Closing Proposed Financing CashConventional Restrictive Covenants No Sale Or Rent For Sale Suitable Use Motel/Hotel Tax Year 2016 Utilities ElectricSewerUtility Water Zoning C-2 Zoning Entity Gatlinburg

    Copyright 2018 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed.
    Copyright 2018 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Colonial Real Estate. Information deemed reliable but not guaranteed. Last updated 2018-05-23T00:16:11.717.
     
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    Listing courtesy of Nai Koella | Rm Moore.