159 Industrial Park Drive 7 Welcome to one of the most unique pilot-owned hangar opportunities currently available in the Southeast -- located at the beautiful Gatlinburg Pigeon Forge Airport (KGKT) in the heart of East Tennessee. After a major airport redevelopment project that included a fully relocated runway, upgraded taxiways, and extensive infrastructure improvements, KGKT is now entering an exciting new chapter -- and this exceptional hangar is perfectly positioned to be part of it. This custom-built aircraft hangar was designed with pilots in mind from day one. Measuring 60 feet wide by 50 feet deep, the hangar features a massive 50-foot-wide bi-fold door opening to 20 feet high, providing excellent access for a variety of single-engine aircraft. The entire structure is steel framed and fully insulated throughout, including the walls, ceiling, and hangar door, creating a comfortable and efficient environment year-round. A gas heater keeps the space warm during winter months, while ample power outlets around the perimeter make maintenance and aircraft preparation easy and practical. The ground floor includes a private office with its own split-system HVAC and large picture window overlooking the hangar space, along with a dedicated storage/work room and a full bathroom with shower and laundry connections. The layout comfortably accommodates up to three single-engine aircraft while still allowing generous workspace and storage flexibility. Above the hangar is where this property truly stands apart. The approximately 900-square-foot pilot's lounge/apartment has recently received additional finishes and improvements, creating a warm, modern, aviation-inspired retreat unlike anything else at the airport. The spacious living area flows into a gourmet kitchen complete with gas stove, butcher block island, polished countertops, and upgraded cabinetry. The luxury bathroom features a soaking jacuzzi tub with shower over, double vanity, bidet toilet, custom lighting, and ventilation controls. The uniquely designed aircraft-inspired bedroom creates the feel of stepping into a private fuselage suite, while still offering practical closet storage behind. The entire upstairs space was intentionally designed to feel like the perfect pilot stopover -- a comfortable, private retreat where you can unwind after a day in the air with your aircraft safely secured just downstairs. Whether you're looking for a long-term aviation base, a fly-in mountain getaway, or simply a secure and comfortable home for your aircraft while enjoying everything the Smoky Mountains region has to offer, this property delivers a rare combination of utility, comfort, and location. From the world-class scenery and outdoor lifestyle of Gatlinburg and Pigeon Forge to the growing energy surrounding the newly upgraded airport, opportunities like this are exceptionally hard to find. The hangar is offered at a newly reduced price of $799, 000, including the hangar structure, the remaining term of the 30-year ground lease, and all furnishings, appliances, fixtures, and fittings (excluding personal effects). If this looks like the kind of aviation setup you've been searching for, reach out directly to schedule a private tour. As the property is located within secured airport grounds, all showings are by appointment only.