SOLD – Absolute Auction of Multi-Use Commercial Facility Overlooking French Broad River

AUCTION LOCATION154 Lee Greenwood Way, Sevierville, TN 37764

AUCTION DATESeptember 17, 2015

AUCTION TIME 11:00 am

TIME ZONEEastern

INSPECTION DATE

INSPECTION TIMECan be viewed by appointment

CONTACTChuck Fisher 865.546.3206 or Keith Widmer 865.588.1000

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Auction Information

THIS AUCTION HAS ENDED.

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To Be Sold To The Highest Bidder Without Minimum or Reservation.

 

Gateway to the Smoky Mountains, host to approx. 11 million visitors per year!

 

In conjunction with:

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Keith Widmer, 865.588.1000

  • Approximately 19,242 square feet
  • Approx. 2.87 Acres
  • Two Levels
  • Prime Location just of Hwy. 66 (Winfield Dunn Parkway) overlooking the French Broad River
  • Formerly a restaurant. Other ideal uses include: entertainment/amusement venue, unique retail space, lodging, distillery, or event space
  • Traffic Count of approx. 37,220 Vehicles Daily (on Hwy 66)
  • Seating for approximately 500
  • 100+ Parking Spaces
  • Patio with Amazing Views of River and Sevierville
  • Fully Sprinklered
  • Elevator and Security System
  • Ideal for a Variety of Commercial Uses
  • 2% Broker Participation available. Pre-registration required
  • Equipment and Furnishings to be Sold Directly Following Real Estate

Terms: 10% Buyer’s Premium. Successful bidders will deposit 10% of the purchase price (including Buyer’s Premium) on sale day in the form of cash, certified check or wire, personal or company check. A real estate contract must be signed. Balance is due in certified funds at closing. CLOSING MUST TAKE PLACE WITHIN 20 DAYS OF SALE. NO EXTENSIONS. Sale day announcements control terms of auction. Acreage and square footage believed to be accurate, but not guaranteed. THIS PROPERTY SOLD IN IT’S “AS IS, WHERE IS WITH ALL FAULTS” CONDITION WITH NO WARRANTIES EITHER IMPLIED OR EXPRESS EXCEPT WARRANTY OF TITLE. **All square footage and acreage amounts are believed to be accurate but not  guaranteed. All information was obtained from appraisals and local courthouse records.**

Estimated Real Estate Taxes:
  • County: $20,174.18
  • City: $3,836.81
Current Year Taxes will be Pro-Rated at closing. Back/Delinquent Taxes will be paid by Seller

Zoning: C – 5: Tourist Commercial (City of Sevierville

  • Electric – Sevier County Electric System
  • Water – Sevier County
  • Sewer – Sevier County
  • Gas – Sevier County Utility District

There is a 2% Broker Participation available. Pre-registration is required.

154 Lee Greenwood Way Kodak TN Broker Ltr

From the intersection of I-40 & Winfield Dunn Parkway (Exit 407 -Sevierville/Pigeon Forge/Gatlinburg), travel south on Winfield Dunn Parkway (Hwy. 66) approx. 3.5 miles. Turn left onto Lee Greenwood Way and travel approx. 2/10 mile to property on right.

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