Mixed-use Properties

Built in 1930 originally as a creamery by JC Penney, the clothing company namesake. This property is exceptionally well built and well maintained with numerous updates to keep it fresh. Expanded in 1985 to 4,980 SF. Two retail spaces include a 1,600 SF restaurant with additional storage and an 852 SF main floor office in the rear. The restaurant underwent a major remodel that was completed in October 2023. Two apartments on the second floor: •Front: 1,182 SF two-bedroom, one bath, plus office. •Rear: 872 SF one bedroom, one bath, plus large bonus room •Second floor has a laundry room for the apartments plus storage $54K current Net Operating Income.

Dreaming of owning a restaurant or retail space in the Great Smoky Mountains, or just looking for a prime piece of real estate? This location in Sevierville, TN has it all. This property includes one acre of land with a 2500 square foot building ready for your restaurant or retail space. It has 200 feet of road frontage right on the parkway and it’s just minutes from Exit 407, the gateway to the Smokies. Every tourist that takes Exit 407 to visit the Smokies passes this location. This type of opportunity, right on the parkway, doesn't come available often and it won't last long. The listing price includes the current restaurant business and the real estate. However, the owner is willing to sell the real estate separately from the business.

The Location and the Business / Commercial community surrounding this property provides a potential investor with the opportunity to expand this valuable location in numerous strategic ways. Located on Greater Cleveland's Eastside in the Heart of Little Italy just minutes from Case Western Reserve University, Cleveland Clinic & University Hospitals main campuses in University Circle.