2825 Parkway Pigeon Forge, TN $ 18,000,000
2825 Parkway
$ 18,000,000
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2825 Parkway

Pigeon Forge, TN, 37863
$ 18,000,000
Baths0.0 Sq 73,448

Monthly Estimate*

$ 119,634

2825 Parkway, Pigeon Forge, TN 37863 - Image 1
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Studio

Commercial Property for sale in Pigeon Forge, TN

for $18,000,000. This 73,448 square foot building was built in 1983 on a lot size of 2.34.

Fee Simple interest in a 4-story, 165-unit limited service hotel. Located on the primary traffic artery for Sevier County's 15 million annual visitors. Highly accessible, high traffic count location. 10 additional rooms converted to non-guest use. Outside pool, exterior corridor, pet-friendly, covered terrace, located in the heart of Pigeon Forge, close to restaurants, shopping, entertainment. The owner is also offering for sale a 3-hotel portfolio of this hotel and two additional hotels on the Parkway in Pigeon Forge. The price for this 350-room portfolio is $44,000,000.

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Commercial Active

Price

$ 18,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 33,464

Style

Hotel-Motel

Lot Size

2.34

Year Built

1983

Town/City

Pigeon Forge

County/Region

Sevier

MLS | Web ID

300882

Features
General
Sewer Public Sewer
Utilities Electricity Connected Phone Connected Sewer Connected Water Connected
Possession Negotiable
Exterior Features Lighting
Zoning C-2
Construction Materials Block Brick
Year Built 1983
Levels Three Or More
Property SubType Hotel-Motel
Tax Year 2023
Business Type Hotel/Motel
Accessibility Accessible Entrance
Business Name Americana Travelodge by Wyndham
County Sevier
Property Type Commercial Sale
HOA / Comm Assn N
Subdivision Name None
Status Active
Directions On the Parkway (US 441) in Pigeon Forge the property is located on the Northbound side of the Parkway in the city of Pigeon Forge.
City Pigeon Forge
MLS Area Pigeon Forge
Lot Size Square Feet 101930.4
Waterfront Y/N N
Carport Y/N N
Street Name Parkway
Land Lease Y/N N
Tax Annual Amount 33464.68
MLS Area Minor Pigeon Forge
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Owner
Tax Lot Pt 1
Senior Community None
New Construction None
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Exterior
Parking Features On Site Paved
Lot Features Paved
Water Source Public
Total Parking 1.0
Lot Size Area 2.34
Number of Buildings 1
Spa N
Building Area Total 73448.0
Lot Size Acres 2.34
Road Surface Type Paved
Lot Size Units Acres
Lot Size Source Public Records
Road Frontage Type City Street Highway
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Interior
Total Stories 4
Basement (Y/N) N
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 2825
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* Excluded Features
List By
Nai Koella | Rm Moore

Broker

dgothard@koellamoore.com

Email

Affordability Calculator

$122,422
Per Month
98%
2%
0%
Monthly Principal & Interest
$119,634
Monthly Property Taxes
$2,789
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2009826 Elementary School
2009827 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/8/2024$18,000,000 Listed Price

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2825 Parkway, Pigeon Forge, TN, 37863 is a Commercial Property for sale at $18,000,000 with 73,448 sqft and a lot size of 2.34. 2825 Parkway is a studio with 0.0 baths and was built in 1983. The property's zip code is 37863 which is in Pigeon Forge, TN