• Luigi's Pizzeria - 1017 E Parkway, Gatlinburg, TN 37738

For Sale

Retail

For Sale

This property is available for sale
2,131
SF
$499,000
Sale Price
  • Year Built
    1965
  • Overview

    ESTABLISHED MONEY MAKER in the heart of Gatlinburg. Lease of exiting restaurant facility with accompanying purchase of Pizzeria. $7000 /month triple net lease for five years with a five year option to extend. Turn-key Business comes complete with equipment, furnishings, furniture, signage, inventory and much much more. Proven and successful with over $800,000 in sales in 2017. DYNAMIC CAP RATE of 48.7% - WOW!! One of the Best Investments in the Smoky's. Current owner will even provide 2 weeks free assistance in the operation and continued management of the restaurant and bar.

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For Lease

Retail

Retail Space

Available now!
2,131
Square feet
  • Time on Market
    about 2 years
  • Space ID
    1688568
  • Presented By
    CENTURY 21 MVP
    Christopher Wood
Contact or Call

Property Details

ESTABLISHED MONEY MAKER in the heart of Gatlinburg. Lease of exiting restaurant facility with accompanying purchase of Pizzeria. $7000 /month triple net lease for five years with a five year option to extend. Turn-key Business comes complete with equipment, furnishings, furniture, signage, inventory and much much more. Proven and successful with over $800,000 in sales in 2017. DYNAMIC CAP RATE of 48.7% - WOW!! One of the Best Investments in the Smoky's. Current owner will even provide 2 weeks free assistance in the operation and continued management of the restaurant and bar.

  • Property Type
    Retail
  • Year Built
    1965
  • Sale Price
    $499,000
  • Total Building Size
    2,131RSF
  • Cap Rate
    49.0%
  • Total Available
    2,131RSF
  • Number of Floors
    2
  • Largest Contiguous
    2,131RSF
  • Zoning
    C-1
  • Property ID
    2036638

Landlord's Leasing/Sales Representative

  • Christopher Wood
    CENTURY 21 MVP