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Downtown Gatlinburg Commercial Property 740 River Rd 1,675 SF Office Building Gatlinburg, TN 37738 $1,750,000 ($1,044.78/SF)
Investment Highlights
- Scenic rushing river frontage
- High density area of lodging, retail, and entertainment
- Opportunities to further improve the existing building or fully redevelop the property.
- All public utilities and onsite parking
- 3-BD, 1.5 BA house for both personal and short-term-rental (STR) use. It is not typical to find a stand-alone STR property in this commercial location
Executive Summary
This is an uncommon opportunity to acquire a unique fee-simple commercially-zoned property in the heart of downtown Gatlinburg, TN. The 0.53-acre lot is improved with a 1950-built, 3-bedroom, 1.5-bath house that has been renovated and furnished for both personal and short-term-rental tourist use. It is ideal for additional improvements to the existing building or for redevelopment of the commercial lot.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
1,675 SF
Building Class
B
Year Built
1950
Price
$1,750,000
Price Per SF
$1,044.78
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,675 SF
Building FAR
0.07
Lot Size
0.54 AC
Zoning
C-2 - General Commercial District
Parking
4 Spaces (2.39 Spaces per 1,000 SF Leased)
Amenities
- Waterfront
1 1
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 126N-B-004.00 | Total Assessment | $165,300 |
| Land Assessment | $115,900 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $49,400 | Tax Year | 2025 |
Property Taxes
Parcel Number
126N-B-004.00
Land Assessment
$115,900
Improvements Assessment
$49,400
Total Assessment
$165,300
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Downtown Gatlinburg Commercial Property | 740 River Rd
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