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Map
$1,302,753*
●
Commercial -
Off Market
411 Reagan Ln
Gatlinburg, TN 37738
Studio
0 Bath
16974 Sqft
$801,000 - $979,000
Reference Base Price*
46.38%
Since Dec 1, 2019
National-US
Primary Model
About This Property
Downtown Gatlinburg - 17,000 SF Prime Mixed-Use Building For Sale!
This is your chance to own a prime piece of downtown
Gatlinburg property. Although this building is set a block
back from the main drag, it's ideally positioned for maximum
exposure being in direct view of every person riding down the
Gatlinburg SkyLift from atop SkyLift Park and Gatlinburg's
Skybridge, which is simply the most spectacular and awe-inspiring
experience in the Smokies. Just a short walking
distance to the famed Gatlinburg Strip, across from the Gatlinburg
Convention Center, right next to the Space Needle and just behind
Ripley's Believe it or Not. Formerly used as a restaurant and
theater, this property offers a large open floor plan for easy
conversion into almost any venture or attraction. The
existing building needs a bit of TLC such as a new roof and
internal renovations however, it currently encompasses a large
commercial kitchen, open theater, two bars, box office and more.
This prime piece of real estate abuts two popular hotels and
has multiple front entries which look over the Gatlinburg Strip and
is right next to a large public parking area. With 17,000
square feet of virtually open floor plan, there is plenty of
opportunity to renovate and develop the existing building into
multiple retail or office spaces, one large or several smaller
attractions, food court, theater, bowling alley, convention center,
time share sales office, arcade, laser tag, escape room, amusement
ride or whatever other commercial venture which may attract the
10's of thousands of tourists walking downtown Gatlinburg every
single day.
The manager has listed the unit size as 16974 square feet.
The manager has listed the unit size as 16974 square feet.
Unit Size
16,974Ft²
Days on Market
-
Land Size
-
Price per sqft
$52
Property Type
Commercial
Property Taxes
$6,241
HOA Dues
-
Year Built
1974
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Nov 28, 2019 | No longer available | - | |
No longer available | |||
Nov 21, 2019 | Relisted | $890,000 | |
Relisted | |||
Oct 27, 2019 | No longer available | - | |
No longer available | |||
Sep 18, 2019 | Price Decreased |
$890,000
↓ $85K
(8.7%)
|
|
Price Decreased | |||
Jul 19, 2019 | Price Decreased |
$975,000
↓ $24K
(2.4%)
|
|
Price Decreased |
Show More
Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
House
2
Beds
2
Baths
1,344 ft²
$632/ft²
$850,000
Mar 9, 2023
-
$1,285/mo
Active
House
2
Beds
2
Baths
1,434 ft²
$549/ft²
$787,500
May 17, 2022
-
$600/mo
Active
House
2
Beds
2
Baths
1,434 ft²
$546/ft²
$782,250
May 17, 2022
-
$600/mo
Active
House
2
Beds
2
Baths
1,434 ft²
$538/ft²
$771,750
May 17, 2022
-
$600/mo
Active
House
2
Beds
2
Baths
1,434 ft²
$535/ft²
$766,500
May 17, 2022
-
$600/mo
Active
House
2
Beds
2
Baths
1,434 ft²
$524/ft²
$750,750
May 17, 2022
-
$600/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
04/15/2019
|
|
Studio
|
-
|
16974 ft²
|
$999,900
Studio
-
16974 ft²
|
-
-
|
-
|
-
|
Building Info
About Gatlinburg
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