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31888892
31888893

716 Parkway, Gatlinburg, TN 37738 For Sale

LS
TN 364516
MG Rise Real Estate Group
Listed by MG Rise Real Estate Group
$358,030
84 days on market
Updated 9 days ago

The Glass House Cafe

Details
Property Type Business for Sale
Sub Type Business Only, Cafe (+1)
Square Footage 1,750
Units 1
Cap Rate 34.56%
NOI $123,733
Tenancy Single
Lease Type Modified
Lease Expiration 03/31/2030
Rent Bumps Yes
Class B
Zoning C-2 / Commercial
Investment Type Owner/User
Ground Lease No
Sale Condition N/A

Cafe, Boutiqe, and small food items. Profiting, owner operated

Marketing description

The Glass House Café at 716 Parkway, Gatlinburg, TN 37738 is a rare opportunity to acquire a turnkey, dual-income business in one of the Smokies’ most traveled tourist corridors. Located in a signature all-glass storefront within Reagan Terrace Mall, this highly visible, photo-worthy space combines a specialty café serving espresso, boba, and Italian ice with a children’s boutique offering strong retail margins. This approximately 1,750 SF operation is positioned along the Gatlinburg Parkway, benefiting from exceptional foot traffic driven by millions of annual visitors to the area and the nearby Great Smoky Mountains National Park. The sale includes equipment valued at more than $30,000, approximately $15,000 in inventory, social media accounts, and leasehold interest—allowing a new owner to step in and operate from day one. With verified gross revenue of approximately $249K over 11 months and $123,733 in verified seller’s discretionary earnings, this business offers an attractive blend of profitability and growth potential. A downstairs walk-up window with mobile-unit licensing adds even more upside for expanded Italian ice or grab-and-go sales.

Investment highlights

  • Two Revenue Streams: Established specialty cafe (espresso, boba, Italian Ice) plus a children's boutique with strong retail margins.
  • Prime Location: High-visibility all-glass enclosure on the Gatlinburg Parkway - the most photographed space in Reagan Terrace Mall.
  • Turnkey Operation: Fully equipped with $30,000+ in premium equipment (Simonelli espresso machine, POS, HVAC). $15,000 inventory included.
  • Strong Financials: ~$257K verified gross revenue (12-month, July 2025-June 2026), $141,717 verified SDE, 2.53x listing multiple - rare profitability for a first-year operation.
  • Growth Upside: Downstairs walk-up window (mobile license) enables Italian Ice walk-up sales - expandable to evening hours.
  • Low Overhead: Owner-operated with no employees, utilities included in CAM, only $65/mo internet + $615/yr insurance.

Listing Contacts

LS
TN 364516
MG Rise Real Estate Group
Listed by MG Rise Real Estate Group

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$123,733.00
$10,311.08/mo

Valuation Metrics

0
DSCR
34.56%
Cap Rate
34.56%
ROI

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Additional Information

Name
Logan Smith
License
364516
Brokerage
MG Rise Realty
Title
Agent
Brokerage Address
932 Parkway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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