Pigeon Forge Commercial Property Valley View Motel / Brick Home
Absolute On-Site Auction
Pigeon Forge Commercial Property
Valley View Motel / Brick Home
111 Valley Drive Pigeon Forge, TN
Thursday, October 27th at 2:00 PM
Preview: Wednesday, October 26th 2:00-6:00 PM
Thompson Carr is pleased to bring to ABSOLUTE AUCTION the Valley View Motel and the adjoining residential home tract, totaling 1.69ac. Located in the heart of action packed Pigeon Forge, this motel has been in operation since 1956 and is still producing income! Being sold in two (2) Prime Tracts with Premiere Visibility and Exposure. This is an excellent opportunity to enter into the Pigeon Forge marketplace at ABSOLUTE AUCTION!
To be Sold in 2 Tracts and offered as a whole.
Valley View Motel Features
• 32 Unit + Living Quarters
• 10,000 Sq. Ft.
• Being sold with all FF & E
• Zoned C-6
• Near the Historic Old Mill District of Pigeon Forge
• Currently renting rooms on a weekly rental basis
• Powerful location with excellent signage with high visibility
• Located less than 2 miles from Dollywood
Sing Family Residence Features
• 3 Bedroom 1 Bath
• 1,750 Sq. Ft.
• .79 ac
• 2 Car Detached Garage
• Zoned C-6
• Hardwood Floors
• Currently rented on month to month basis $850.00
Directions: Traveling south on Highway 411 aka Pigeon Forge Parkway turn right onto Valley Dr. between traffic light #6 and #7 and motel is on your left.
Real Estate Terms: 10% down day of sale, balance due at closing within 30 days. The successful bidder will be required to sign a note for the deposit amount with the contract in addition to deposit paid day of sale. Note shall become null and void when buyer shall complete all the requirements for closing as set out in contract.
10% Buyer's Premium
Broker Participation: 2% Broker Participation is available to all qualified Real Estate Agents. Please contact the office for guidelines and approval.