Live-Work Office
249 Mill View Drive Pigeon Forge, TN 37863
For Sale
$585,000
COMMERCIAL - Pigeon Forge, TN
Property Size2,414 SF
Lot Size0.43 Acres
Price / SF$242.34
Days on Market132
Property Features for 249 Mill View Drive
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
C6
Rooms
Basement
Parking
20
Window features
Bay Window(s), Blinds
Exterior features
Lighting
Basement
Full, Walk-Out Access, Finished
Standard status
Active
APN
0.11
Size
2,414 SF
Lot size
0.43 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
1534
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Ceiling Fan(s)
Water source
Public
Building Details
Year built
2006
Floors in Building
3
Flooring type
Carpet, Wood, Hardwood
Building materials
Stone, Vinyl Siding
Listing Agency:
Pristine Realty, INC.
(865) 453-6389
Listed By:
Chris Gonzalez
(865) 809-9531
Added: Mar 20
Changed: Jul 29
Last Checked: Jul 29 at 5:06PM
MLS# 310808
Copyright © 2026 Great Smoky Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This versatile live-work office building includes nearly 2,400 square feet of living area and a layout that can support professional office use, overnight rentals, or full-time residential living. The main level features hardwood flooring, a full kitchen with appliances included, a reception area, Office #1, and two half baths. Upstairs provides Office #2, Office #3, and Office #4, along with two full bathrooms.
The finished basement includes Office #5 and a conference room area with a half bath. Access to the basement is available either from inside the building or via a separate entrance, with an additional parking area. Paved parking accommodates up to 20 parking spaces.
Zoned C-6, the property is located in the city of Pigeon Forge and is described as being within walking distance of the Parkway. It is offered for sale or lease, with multiple use options supported by the existing configuration.
The finished basement includes Office #5 and a conference room area with a half bath. Access to the basement is available either from inside the building or via a separate entrance, with an additional parking area. Paved parking accommodates up to 20 parking spaces.
Zoned C-6, the property is located in the city of Pigeon Forge and is described as being within walking distance of the Parkway. It is offered for sale or lease, with multiple use options supported by the existing configuration.
Key Highlights
- Nearly 2,400 sq ft of living area with versatile layout for office use, overnight rentals, or primary residence
- Zoned C‑6 Commercial for mixed‑use potential
- Main level includes hardwood flooring, full kitchen with appliances included, reception area, office #1, and two half baths
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.6k | $23.04 |
| − Vacancy | −$10.0k | −$4.15 |
| EGI | $45.6k | $18.89 |
| − OpEx | −$11.4k | −$4.72 |
| NOI | $34.2k | $14.17 |
2,414 SF · lease $23.04/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$488.6K
$427.6K – $570.1K
NOI $34,205 @ 7.0% cap · market cap 5.85%
Second Best
Mixed Use
$428.3K
$374.8K – $499.7K
NOI $29,982 @ 7.0% cap · market cap 5.13%
Theoretical Best
Office A
$1.02M
$890.8K – $1.19M
NOI $71,261 @ 7.0% cap · market cap 12.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Live-work space - Versatile C-6 property with multiple office rooms, a full kitchen, and a finished basement with optional separate entrance.
Where is this live-work space located?
The property is located at 249 Mill View Drive Pigeon Forge, TN.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Nearly 2,400 sq ft of living area with versatile layout for office use, overnight rentals, or primary residence; Zoned C‑6 Commercial for mixed‑use potential; Main level includes hardwood flooring, full kitchen with appliances included, reception area, office #1, and two half baths
