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849 Glades Rd - Covered Bridge In The Glades 91,912 SF Specialty Building Offered For Sale in Gatlinburg, TN 37738

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INVESTMENT HIGHLIGHTS

  • Total of 82 units: 68 luxury apartments + 14 retail units
  • Unique mixed-use development in a resort-style setting
  • ±72,282 SF of multifamily space
  • Retail anchored by Split Rail Eats restaurant
  • ±19,944 SF of ground-level retail space
  • Minutes from downtown Gatlinburg and the Great Smoky Mountains

EXECUTIVE SUMMARY

82 Units | Mixed-Use Investment Opportunity – Gatlinburg, TN 68 Luxury Apartment Units + 14 Retail Units Anchored by Split Rail Eats
The subject property is a premier mixed-use development located on 7.09 acres in the Glades community of Gatlinburg, Tennessee. Built in 2010, the three-story buildings encompass a total of 92,226 square feet of improvements and feature wood siding with stone exteriors, creating a high-end, mountain-style aesthetic. An elevator is located on the northwest corner, providing convenient access throughout the property.
The project consists of a total of 82 units, broken down into 68 luxury residential apartment units and 14 ground-level retail units. The retail component totals approximately 19,944 square feet and is anchored by the highly popular Split Rail Eats restaurant, which serves as a central gathering place and traffic driver for the community. The residential portion includes 72,282 square feet of multifamily space, offering a mix of upscale 1BR, 2BR, and 3BR floor plans.
This asset offers a rare opportunity to acquire a high-quality mixed-use development that combines luxury residential living in one of East Tennessee’s most desirable resort markets.

PROPERTY FACTS Under Contract

Sale Type Investment
Property Type Specialty
Property Subtype
Residential Income
  • Multifamily Apartments
Building Class B
Lot Size 7.00 AC
Building Size 91,912 SF
No. Stories 3
Year Built/Renovated 2010/2024
Zoning C-3

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 118-003.00-001
  • 118-003.00
Land Assessment
$110,200
Improvements Assessment
$1,629,080
Total Assessment
$1,739,280
  • Listing ID: 39214797

  • Date on Market: 1/26/2026

  • Last Updated:

  • Address: 849 Glades Rd, Gatlinburg, TN 37738

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