1017 Parkway , Luigi's Pizza

    Gatlinburg, TN 37738
    • $7,000
    • STATUS: Active
    • ON SITE: 45 days
    • ID#: 221666
    UPDATED: 211 min ago
    $7,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,130
      SQFT
    • $3
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1965
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Johnson Waring Realty.


    Description

    Invest in a Money Maker! Rare Opportunity in downtown Gatlinburg! This perfectly located leasehold property is available with the accompanying purchase of Luigi's Pizza, $ 399,900. Triple Net Lease at $7,000. per month for a 5 year term with an additional five year option. This turn-key business is successful and thriving comes complete with fixtures, furnishings, equipment and signage. Owner will consider financing the business. Financial information and list of items that convey will be provided upon request. Inventory is available to purchase. Located just minutes from the entrance to The Great Smoky Mountain National Park which had a record breaking year for the number of visitors in 2018 (11.4 million) and the possibilities for 2019 are just as outstanding.

    Monthly Payment Calculator

    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 Prime Mountain Properties. Information deemed reliable but not guaranteed. Last updated 2019-05-23T00:15:46.627.
    www.smokymtnhomeinfo.com/homes/93465481

    1017 Parkway , Luigi's Pizza Gatlinburg, TN 37738

    • Price: $7,000
    • Status: Active
    • Updated: 211 min ago
    • ID#: 221666
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,130
    SQFT
    $3
    $/SQFT
    1965
    Built
    Neighborhood:
    None Noted
    County:
    Sevier
    Area:
    Gatlinburg
    Property Description
    Invest in a Money Maker! Rare Opportunity in downtown Gatlinburg! This perfectly located leasehold property is available with the accompanying purchase of Luigi's Pizza, $ 399,900. Triple Net Lease at $7,000. per month for a 5 year term with an additional five year option. This turn-key business is successful and thriving comes complete with fixtures, furnishings, equipment and signage. Owner will consider financing the business. Financial information and list of items that convey will be provided upon request. Inventory is available to purchase. Located just minutes from the entrance to The Great Smoky Mountain National Park which had a record breaking year for the number of visitors in 2018 (11.4 million) and the possibilities for 2019 are just as outstanding.
    Exterior Features

    Access City StreetPaved Road Construction Brick Veneer & Other Exterior Features LightingPole SignSidewalks

    Interior Features

    Cooling Central Electric Heating Central Interior Features FixturesFurnitureHandicap AccessInside StorageRestrooms Stories Two

    Property Features

    Annual Tax 1273. Business Name Luigi's Pizza Commercial Type Leasehold Improved Common Area Maintenance Per Month 0.00 Current Use Food Service District 11 Documents On File Equipment ListsFinancial StatementFixture ListFurniture List Hoa Per Month 0 Lease Option Periods 5Y Lease Terms Years 5/5 Lot Block Unit 0 Monthly Lease 7000. Possession At Closing Proposed Financing CashConventionalPossible Owner Restrictive Covenants Yes Sale Or Rent For Sale Services Paid By Tenant Building InsuranceCommon Area MaintenanceElectricHvac MaintenanceInterior MaintenanceJanitorNatural GasOtherPropane GasPropane TankReal Estate TaxTrash RemovalWater/Sewer Suitable Use Food Service Tax Year 2018 Utilities Cable TvElectricPhoneUtility Water Zoning C-1 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 Prime Mountain Properties. Information deemed reliable but not guaranteed. Last updated 2019-05-23T00:15:46.627.
     
    Prime Mountain Properties
    807 Dolly Parton Pkwy
    Sevierville TN, 37862
    Listing courtesy of Johnson Waring Realty.