344 Baskins Creek Road , 404 Baskins Cre

    Gatlinbug, TN 37738
    • $849,000
    • STATUS: Active Under Contract
    • ON SITE: 29 days
    • ID#: 225332
    Under Contract
    UPDATED: 6 min ago
    $849,000
    • 0
      BEDS
    • 1.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1952
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Nai Koella | Rm Moore.


    Description

    This property consists of two commercially-zoned lots, separated by a small city street. They were formerly improved with a small independently operated motel. The motel improvements were destroyed by the 2016 Gatlinburg wildfires, except for a single two-story building. The interior of the wood frame building has been gutted on both levels. It is considered to have limited economic appeal and therefore the property is priced as if it is unimproved land. Given its convenient downtown location and size, redevelopment for hotel or multifamily use seems feasible.

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    Copyright 2019 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Four Seasons Realty, Inc. Information deemed reliable but not guaranteed. Last updated 2019-11-21T21:15:43.607.
    www.smokymountainhomesearch.com/homes/100192357

    344 Baskins Creek Road , 404 Baskins Cre Gatlinbug, TN 37738

    • Price: $849,000
    • Status: Active Under Contract
    • Updated: 6 min ago
    • ID#: 225332
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.14
    Acres
    1952
    Built
    Neighborhood:
    None
    County:
    Sevier
    Area:
    Gatlinburg
    Property Description
    This property consists of two commercially-zoned lots, separated by a small city street. They were formerly improved with a small independently operated motel. The motel improvements were destroyed by the 2016 Gatlinburg wildfires, except for a single two-story building. The interior of the wood frame building has been gutted on both levels. It is considered to have limited economic appeal and therefore the property is priced as if it is unimproved land. Given its convenient downtown location and size, redevelopment for hotel or multifamily use seems feasible.
    Exterior Features

    Access City StreetPaved Road Exterior Features Onsite ParkingPaved Parking

    Property Features

    Annual Tax 3759 Business Name None Commercial Type Fee Simple Improved Common Area Maintenance Per Month 0 District 11 Hoa Per Month 0 Lot Block Unit 001A Possession At Closing Proposed Financing CashConventional Restrictive Covenants Yes Sale Or Rent For Sale Suitable Use Motel/HotelOffice Tax Year 2018 Utilities ElectricGasPhoneSewerUtility Water Zoning C-2 Zoning Entity Gatlinburg

    Copyright 2019 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed.
    Copyright 2019 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Four Seasons Realty, Inc. Information deemed reliable but not guaranteed. Last updated 2019-11-21T21:15:43.607.
     
    Four Seasons Realty, Inc
    1441 Wiley Oakley Dr.
    Gatlinburg TN, 37738
    Listing courtesy of Nai Koella | Rm Moore.