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For sale
  • $1,800

    849 Glades Rd, Gatlinburg, TN 37738

    --beds
    0baths
    3,350sqft
    Multi Family
    Built in 2010
    -- sqft lot
    $-- Zestimate®
    $1/sqft
    $-- HOA

    What's special

    2 shops available - will subdivide. Position your business on Glades Road in the Great Smoky Arts & Crafts Community, where 14 million annual visitors come to experience the authentic Appalachian craft tradition that made Gatlinburg famous. Covered Bridge Shops offers retail storefronts in a mixed-use complex with a built-in customer base from on-site residential apartments and a destination restaurant anchor. With new ownership investing in repairs, updates, and future community advertising, this is an opportunity to get in early on a property with rising momentum. At $12/sqft with select utilities included and zero NNN fees, this is among the most cost-effective retail space in the Gatlinburg market. Two suites are available: a 1,800 sqft space that can be divided into two smaller shops (800 and 1,000 sqft), and a 1,550 sqft premium shop. Both are partial buildouts, ready for your finish. One space previously operated as a restaurant and retains useful existing infrastructure. This is not a Parkway storefront with Parkway pricing. It is a community location with community rent, situated on the road that anchors the largest artisan trail in North America. If your business benefits from destination shoppers, craft-focused visitors, and a residential customer base, this is where you want to be. Building highlights Anchor restaurant draw: Split Rail Eats generates strong daily foot traffic and repeat visitation to the complex, benefiting every neighboring tenant. Built-in customer base: Residential apartments within the community mean residents and rental guests are walking past your shop every day. The complex markets itself. New ownership, active reinvestment: Under new ownership, the complex has seen significant repairs and updates throughout. The owner plans to continue reinvesting in the property, with potential initiatives including community-wide advertising to drive even more traffic to tenant storefronts. Historic location with modern momentum: The Arts & Crafts Community is a proven retail destination, not a speculative one. It has drawn visitors for nearly 90 years.
    9 days
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    466
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    14
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    Zillow last checked:

    Listing updated:

    Listed by:

    Logan Smith 423-251-9162,

    MG Rise Real Estate Group 865-968-7473

    Source: East Tennessee Realtors,MLS#: 1351245MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Features
      • Flooring: Laminate, Carpet
      Interior area
      • Total structure area: 3,350
      • Total interior livable area: 3,350 sqft

      Property

      Parking
      • Parking features: Off Street, On Premise Parking
      Details
      • Parcel number: 118 003.00

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Frame
      Condition
      • Year built: 2010

      Community & HOA

      Location
      • Region: Gatlinburg

      Financial & listing details

      • Price per square foot: $1/sqft
      • Tax assessed value: $2,543,800
      • Annual tax amount: $16,338
      • Date on market: 8/9/2026
      • Listing terms: Call Listing Agent

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/9/2026Listed for sale$1,800-100%$1/sqft
        Source: East Tennessee Realtors #1351245 Report a problem
        4/7/2026Sold$13,250,000+1324999900%$3,955/sqft
        Source: East Tennessee Realtors #1327631 Report a problem
        1/26/2026Pending sale$1
        Source: East Tennessee Realtors #1327631 Report a problem
        1/26/2026Listed for sale$1-100%
        Source: East Tennessee Realtors #1327631 Report a problem
        8/13/2008Sold$290,000-3.3%$87/sqft
        Source: Public Record Report a problem
        1/20/2004Sold$300,000$90/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$16,338 $1,017,520
        2024$16,338 $1,017,520
        2023$16,338 $1,017,520
        2022$16,338 $1,017,520
        2021-- $1,017,520 +10.7%
        2020$18,560 +8.6%$919,200
        2019$17,097 -7.9%$919,200
        2018$18,560 +0%$919,200
        2017$18,560 +1347.7%$919,200 +1348.1%
        2016$1,282 $63,475 +0.2%
        2015-- $63,325 +0%
        2014$1,133 -25.4%$63,313 -29.6%
        2008$1,520 +1.9%$89,949 +1.9%
        2007$1,491 +13.4%$88,232
        2006$1,314 -19%$88,232
        2005$1,621 +0.3%$88,232 +0.3%
        2004$1,616 +43.5%$87,937 +27.1%
        2002$1,126 $69,187 +636.1%
        2001-- $9,399 -96.6%
        2000-- $277,083
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 37738

        Getting around

        25 / 100
        Car-Dependent
        7 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating