159 Industrial Park Drive, Sevierville, TN 37862
159 Industrial Park Drive, Sevierville, TN 37862
159 Industrial Park Drive, Sevierville, TN 37862
159 Industrial Park Drive, Sevierville, TN 37862
159 Industrial Park Drive, Sevierville, TN 37862
159 Industrial Park Drive, Sevierville, TN 37862
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Justin Reesy The Reesy Real Estate Team

Justin Reesy The Reesy Real Estate Team

+1(270) 779-9504
Listed by Randy Bable • 10 Realty LLC
$ 750,000
Est. payment | /mo

3,900 SqFt


Save
$ 750,000
Est. payment | /mo
Save

3,900 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,900 sqft

Price per Sqft $192

MLS Listing ID 3305884

Year Built 2025

Property Description

Rare opportunity to acquire a premium aircraft hangar at Gatlinburg Pigeon Forge Airport (KGKT) in the heart of the Great Smoky Mountains of East Tennessee. This well-appointed, steel-framed hangar offers approximately 3,000 square feet of hangar space with a 50' x 20' bi-fold door, providing ample room for a wide range of general aviation aircraft.

Designed by a pilot for a pilot, the ground level features an office, full bathroom, storage room, gas heat, tankless gas water heater, insulated construction, and numerous convenience upgrades. Above the hangar is a beautifully finished approximately 900-square-foot pilot's lounge apartment, offering a full kitchen, living area, bedroom, and bathroom--ideal for weekend getaways, business travel, or extended stays while enjoying the Smoky Mountains.

This offering is the sale of the hangar improvements only and includes the assignment of the existing airport ground lease. The property is currently in Year 4 of a 30-year ground lease with the Gatlinburg Pigeon Forge Airport. No fee simple real estate is being conveyed. The purchaser will acquire ownership of the hangar improvements and assume the remaining term of the ground lease, subject to airport approval.

Conveniently located just minutes from Gatlinburg, Pigeon Forge, Sevierville, Dollywood, and Great Smoky Mountains National Park, this property offers an exceptional combination of aviation convenience and one of the Southeast's premier recreational destinations.

Location

State TN

County Sevier County

Zoning Airport

Interior

Fireplace N

RealTracs IDX

NEARBY SCHOOLS & PROPERTIES

Justin Reesy The Reesy Real Estate Team

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(270) 779-9504

justinreesy@kw.com

979 Lovers Lane Ste C., Bowling Green, Kentucky, 42103, USA

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159 Industrial Park Drive