$920,000
$925,000
0.5%For more information regarding the value of a property, please contact us for a free consultation.
1025 Cardnal CV Rutledge, TN 37861
6,078 SqFt
Key Details
Sold Price $920,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 6,078 sqft
Price per Sqft $151
MLS Listing ID 9906534
Sold Date 10/09/20
Total Fin. Sqft 6078
Originating Board Tennessee/Virginia Regional MLS
Year Built 1950
Lot Size 7.640 Acres
Acres 7.64
Lot Dimensions IRR
Property Description
Rare Investment Opportunity! Picturesque Cherokee Lakefront campground with on-site restaurant and marina available for sale! This campground recently came under new management and has had numerous improvements made over the past 18 months. New swimming pool recently installed and restaurant ''Mason Jar Grill'' has opened and is thriving. There are currently 75 ''permanent'' camp sites with 7 overnight rental spots available; 9 furnished cabins that rent, a general store, private boat ramp, and marina with 26 slips and 2 pontoon boats available to rent. Kayak rentals as well. Picnic pavilion with concession stand located next to pool. There is also an owner's house with 6 bedrooms and 4 full baths with exceptional Cherokee Lake views that could be converted into a bed and breakfast or condos. No financial information will be delivered without a bank pre approval or proof of funds. Best days for scheduling an appointment to view are Monday thru Thursday. Now that summer is here, the campground is busy on the weekend and most of the cabins are rented. If cabins are occupied, we cannot show them. No showings will be scheduled from May 22 thru May 25 due to Memorial Day weekend traffic.
Location
State TN
County Grainger
Area 7.64
Zoning Commercial
Direction Highway 25E North to left on Lakeshore/TN375 S. Go 8.5 miles and turn left on CardNal Cove. Follow to campground on both sides of road.
Interior
Heating See Remarks, Central, Electric
Cooling Central Air
Equipment Additional Building(s), Cable TV, Exterior Lights, Furniture, Inside Storage, Machinery, Range, Refrigeration, Washer, Other, See Remarks
Heat Source See Remarks, Central
Exterior
Roof Type Composition, Metal
Road Frontage County Road
Building
Sewer Septic Tank
Water Well
Structure Type Vinyl Siding, Wood Siding
New Construction No
Others
Senior Community No
Tax ID 061 048.000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Non Member • Non Member