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223 Sharon DrivePigeon Forge, TN 37863

Sevier County

$1,499,900List price
3,388Sq Ft
1982Year built
0.68Acre lot
3 months agoOn market

Description

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

Property Information

Property type
Commercial Sale
Sub-type
Mixed Use
Year built
1982
Building area
3,388 Sq Ft
Lot size
0.68 acres
Zoning
C2
Days on market
111
MLS® Listing#
3253654

Property Features

Cooling
None
Heating
None
Parcel number
083O D 02500 000

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

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Listing Courtesy: WEICHERT, REALTORS - TIGER REAL ESTATE - 8655480661

Based on information submitted to the MLS GRID as of 2026-03-02 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2026-03-02

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