$185,000
Cosby, TN 37722
MLS# 9908555
Status: Closed
4795 sqft
1 / 36
Property Description
INCREDIBLE OPPORTUNITY! HIGHLY DESIRABLE LOCATION JUST OUTSIDE GREAT SMOKY MTN NATIONAL PARK & FOOTHILLS PARKWAY! INCOME PRODUCING MULTI USE COMMERCIAL BUILDING & PROPERTY ON COSBY CREEK! MAIN LEVEL CURRENTLY LEASED AS HARDWARE STORE, PREVIOUSLY USED AS RESTAURANT COMPLETE W/FIREPLACE, WAITRESS QUARTERS, KITCHEN & WALK IN COOLERS. LOWER LEVEL OFFERS TWO 1BR/1BA CREEKSIDE APARTMENTS! WELL & SEPTIC CURRENTLY SERVICE BUILDING W/UTILITY WATER AVAILABLE ON PROPERTY. PROPERTY INCLUDES CONCRETE PAD FOR ICE/VENDING MACHINE COMPLETE W/ELECTRIC & WATER HOOK-UP. ALSO OFFERS SPACE FOR FOOD VENDORS OR WOOD CARVING BUSINESS! CURRENT ANNUAL GROSS INCOME $26,400 WITH POTENTIAL FOR MORE! HIGH EXPOSURE IN COSBY ON HWY 321 W/6,000+ DAILY TRAFFIC COUNT. CLOSE PROXIMITY TO NUMEROUS CAMPGROUNDS, NATIONAL PARK, GATLINBURG, HIKING, TROUT FISHING, WHITE WATER RAFTING, RESTAURANTS & GOLFING! INVESTORS DON'T LET THIS OPPORTUNITY PASS! DRONE PICTURES USED IN LISTING.
Details
Maps
Location, Tax & Legal Info
Street #: 4390
Street Name: Cosby
St Suffix: Highway
County: Cocke
State/Province: TN
Zip Code: 37722
Area: 208 - Cocke County
Deed Book #: 1439
Deed Page #: 624
Parcel ID: 119 096.00
County Taxes: 1319.91
Contract Info
Status: Closed
Listing Price: 199000
Current Price: $185,000
List Price/SqFt: 41.5
Listing Date: 2020-05-31
Buyer Broker: Yes
Buyer Broker Comm: 3
Buyer Broker Comm Type: %
Foreclosure: No
Short Sale: No
Auction: No
General Property Description
Lot Size: 204X78X214X107
Acres: 0.22
Zoning: COMM
Year Built: 1977
Stories: 1
Total SqFt: 4795
Total SqFt Finished: 4795
# Parking Spaces: 10
Road Frontage Length: 204
# Restrooms: 3
Annual Lease $: 26400
Remarks & Misc
Public Remarks: INCREDIBLE OPPORTUNITY! HIGHLY DESIRABLE LOCATION JUST OUTSIDE GREAT SMOKY MTN NATIONAL PARK & FOOTHILLS PARKWAY! INCOME PRODUCING MULTI USE COMMERCIAL BUILDING & PROPERTY ON COSBY CREEK! MAIN LEVEL CURRENTLY LEASED AS HARDWARE STORE, PREVIOUSLY USED AS RESTAURANT COMPLETE W/FIREPLACE, WAITRESS QUARTERS, KITCHEN & WALK IN COOLERS. LOWER LEVEL OFFERS TWO 1BR/1BA CREEKSIDE APARTMENTS! WELL & SEPTIC CURRENTLY SERVICE BUILDING W/UTILITY WATER AVAILABLE ON PROPERTY. PROPERTY INCLUDES CONCRETE PAD FOR ICE/VENDING MACHINE COMPLETE W/ELECTRIC & WATER HOOK-UP. ALSO OFFERS SPACE FOR FOOD VENDORS OR WOOD CARVING BUSINESS! CURRENT ANNUAL GROSS INCOME $26,400 WITH POTENTIAL FOR MORE! HIGH EXPOSURE IN COSBY ON HWY 321 W/6,000+ DAILY TRAFFIC COUNT. CLOSE PROXIMITY TO NUMEROUS CAMPGROUNDS, NATIONAL PARK, GATLINBURG, HIKING, TROUT FISHING, WHITE WATER RAFTING, RESTAURANTS & GOLFING! INVESTORS DON'T LET THIS OPPORTUNITY PASS! DRONE PICTURES USED IN LISTING.
Directions: FROM GATLINBURG GO HWY 321 NORTH TO COSBY POST OFFICE, TURN LEFT & PROPERTY ON RIIGHT. FROM I-40 EXIT 435, 440 OR FOOTHILLS PARKWAY, GO SOUTH TOWARD GATLINBURG, PROPERTY ON RHS JUST BEFORE COSBY POST OFFICE.
Status Change Info
Date Pending: 2021-01-19
Sold Date: 2021-02-23
Sold Price: $185,000
Property Features
Property Condition: Average
Business Type: Building Trade; Convenience Store; Residential; Retail
Exterior Finish: Stone; Wood Siding
Other Equipment: Pole Sign
Roof: Rolled/Hot Mop
Electric Service: 220 Volts; Phase 3
Development Status: See Remarks
Heating: Propane; Radiant Ceiling
AC: Window Unit(s); Zoned
Water: Private; Public; Well
Sewer: At Road; Public Sewer; Septic Tank
Road Access: Highway
Info Available: See Remarks
Restrictions: Utility Easement
Financing: Cash; Conventional
Sale Includes: Fee Simple
Listing Office: Massey Realty
Last Updated: February - 25 - 2021
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.