The Glass House Café Coffee
For Sale
Contact for pricing
716 Parkway, Gatlinburg, TN 37738
Two complementary retail concepts operate from an approximately 1,750-square-foot storefront along Gatlinburg Parkway.
Property Size1,750 SF
Price / SF$204.59
Days on Market174
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Property Features for 716 Parkway
General Information
Standard status
Active
Size
1,750 SF
Class
B
Property subtype
Business for Sale
Zoning
C-2 / Commercial
Lease Type
Modified Gross
Investment Type
Owner/User
Net Operating Income
$123,733
Additional Details
Business Included
Yes
Building Details
Units
1
Tenancy
Single
Listing Agency:
MG Rise Real Estate Group
Listed By:
Logan Smith · License #364516
(423) 251-9162
Source:
Crexi
Added: Apr 25
Changed: Sep 14
Last Checked: Oct 15 at 12:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MG Rise Real Estate Group
Investment Insights
Based on property information with market context.
The Glass House Café is a coffee shop and retail business occupying approximately 1,750 SF at 716 Parkway in Gatlinburg. The operation combines a specialty café with a children’s boutique, creating two distinct commercial components within a signature all-glass storefront at Reagan Terrace Mall. Café offerings include espresso, boba, and Italian ice, while the sale includes equipment, inventory, social media accounts, and the leasehold interest.
A downstairs walk-up window supports additional service capability, and mobile-unit licensing is in place for Italian ice or grab-and-go operations. The property carries C-2 / Commercial zoning and is positioned along the Gatlinburg Parkway in a tourist-oriented corridor near Great Smoky Mountains National Park. The sale is structured as an operating business opportunity with the existing physical improvements and business assets included.
A downstairs walk-up window supports additional service capability, and mobile-unit licensing is in place for Italian ice or grab-and-go operations. The property carries C-2 / Commercial zoning and is positioned along the Gatlinburg Parkway in a tourist-oriented corridor near Great Smoky Mountains National Park. The sale is structured as an operating business opportunity with the existing physical improvements and business assets included.
Key Highlights
- Approximately 1,750 SF café and retail operation
- Two‑part concept combining specialty café service with a children’s boutique
- Located at 716 Parkway in Gatlinburg, TN 37738
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,787
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$455,740
$455.7K
Cap Rate 7%
$325,529
$325.5K
Cap Rate 9%
$253,189
$253.2K
Market Conditions
NOI Build-Up for 1,750 SF
Gross rent
$31.3K $17.88/SF
− Vacancy
−$907 −$0.52/SF
EGI
$30.4K $17.36/SF
− OpEx
−$7.6K −$4.34/SF
NOI
$22.8K $13.02/SF
Area
Sevier County, TN
Vacancy
2.90%
Lease Rate
$17.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$455,740
Cap Rate 7%
$325,529
Cap Rate 9%
$253,189
Alternative Uses
Best Use
Specialty Retail
$325.5K
$284.8K – $379.8K
NOI $22,787 @ 7.0% cap · market cap 6.36%
Second Best
Retail
$305.9K
$267.6K – $356.9K
NOI $21,411 @ 7.0% cap · market cap 5.98%
Theoretical Best
Office A
$738.0K
$645.8K – $861.0K
NOI $51,660 @ 7.0% cap · market cap 14.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,130
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 37738, TN
5,001
Population
7,075
Households
0.7
Avg Household Size
49
Median Age
31%
College-Educated
91%
High-School Grad
214.6 sq mi
ZIP Area
23
Density / Sq Mi
$63,133
Median Household Income
$29,169
Median Earnings
$1,090
Median Rent
$275,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- SUGARLANDS Coffee & Cream SHOP — 341 Savage Garden Rd, Gatlinburg, TN 37738
- Kikiberri Frozen Yogurt — 835 perry dr, gatlinburg, tn 37738
- Kikiberri Frozen Yogurt — 615 davenport rd, gatlinburg, tn 37738
- Flapjack's Pancake Cabin — 956 Parkway, Gatlinburg, TN 37738
- Kikiberri Frozen Yogurt — 469 baskins creek rd, gatlinburg, tn 37738
Frequently Asked Questions
What type of property is this?
Coffee shop - Two complementary retail concepts operate from an approximately 1,750-square-foot storefront along Gatlinburg Parkway.
Where is this coffee shop located?
The property is located at 716 Parkway Gatlinburg, TN.
What is the asking price?
The asking price for this property is $358,030.
What are key features of this property?
This property features: Approximately 1,750 SF café and retail operation; Two‑part concept combining specialty café service with a children’s boutique; Located at 716 Parkway in Gatlinburg, TN 37738
