223 Sharon Drive Pigeon Forge, TN $ 1,499,900
223 Sharon Drive
$ 1,499,900
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223 Sharon Drive

Pigeon Forge, TN, 37863
$ 1,499,900
Bedrooms-- Baths-- Sq 3,388

Monthly Estimate*

$ 10,359

223 Sharon Drive, Pigeon Forge, TN 37863 - Image 1
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Commercial Property for sale in Pigeon Forge, TN

for $1,499,900. This 3,388 square foot building was built in 1982 on a lot size of 0.68.

Rare C-2 Redevelopment Opportunity | Pigeon Forge Tourism Corridor Rare opportunity to acquire one of the few remaining commercially zoned redevelopment sites in the heart of Pigeon Forge's thriving tourism district. Positioned within the Sharon Drive lodging corridor and surrounded by established hotels, resorts, restaurants, and condominium developments, this approximately 0.68-acre C-2 zoned property offers exceptional redevelopment potential just off the Parkway -- minutes from Dollywood, The Island in Pigeon Forge, LeConte Event Center, and Great Smoky Mountains National Park. Owner financing is available for qualified buyers. Ownership has completed preliminary planning and architect-prepared conceptual development plans illustrating two potential development scenarios: an approximately 18-unit short-term rental condominium project (15 two-bedroom/two-bath units and 3 three-bedroom/two-bath units) and an alternative lower-density residential concept. Both concepts were informally reviewed with City of Pigeon Forge zoning staff, who indicated they appear consistent with the property's current C-2 zoning. No formal site plan, engineering, or governmental approvals have been sought or granted, and future development remains subject to the City's normal review, permitting, and approval process. Purchasers are encouraged to evaluate these and other hospitality, lodging, mixed-use, or commercial concepts that best fit their investment objectives and market strategy. Strong visitor demand, continued public and private investment, and the limited availability of commercially zoned redevelopment sites combine to make this an outstanding opportunity for commercial developers, condominium and hospitality developers, 1031 exchange buyers, and private investors. Preliminary market analysis indicates strong short-term rental revenue potential, and ownership has assembled valuable due diligence materials -- including conceptual site plans, preliminary architectural

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Commercial Active

Price

$ 1,499,900

Property Type

Commercial

Taxes

$ 0

Style

Mixed Use

Lot Size

0.68

Year Built

1982

Town/City

Pigeon Forge

County/Region

Sevier

MLS | Web ID

3253654

Features
General
Possession Close Of Escrow
Zoning C2
Year Built 1982
Property Subtype Mixed Use
County Sevier County TN
Property Type Commercial Sale
Status Active
Directions COMING INTO PIGEON FORGE IT THE SECOND STREET PAST WEARS VALLEY ROAD TURN RIGHT ONTO SHARON CROSS OVER FLORENCE PROPERTY ON RIGHT SEE SIGN --NEW CONDOS BEING FINISHED ON THE RIGHT SIDE OF THIS LOT
City Pigeon Forge
Lot Size Units Acres
Property Attached Y/N N
Building Area Units Square Feet
Standard Status Active
Tax Lot 79
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Exterior
Total Parking 0
Lot Size Area 0.68
Building Area Total 3388
Lot Size Acres 0.68
Lot Size Source Appraiser
Waterfront Y/N N
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Interior
Air Conditioning Y/N N
Heating Y/N N
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Internal Only
Street Number 1 223
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* Excluded Features
List By
Tony Thomas

Listing Agent

Dandridge - Weichert, Realtors® - Tiger Real Estate

Broker

Affordability Calculator

$10,359
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,359
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
245588 Elementary School
245705 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/30/2026$1,499,900 Listed Price

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223 Sharon Drive, Pigeon Forge, TN, 37863 is a Commercial Property for sale at $1,499,900 with 3,388 sqft and a lot size of 0.68. 223 Sharon Drive was built in 1982. The property's zip code is 37863 which is in Pigeon Forge, TN