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Cherokee Lakefront Campground

1025 Cardnal Cove : Rutledge, TN 37861

Grainger County, Tennessee

Shown by Appointment Only

7.64 Acres
$925,000 USD
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Property Description

Incredible Investment Opportunity. Cherokee Lakefront campground with 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, restaurant "Mason Jar Grill" has opened and is thriving, and a bid for adding additional campsites has been received. 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 that could be converted into a bed and breakfast.

Current owners have invested a lot of their profit back into the campground over the past couple of years to upgrade its appearance and take care of maintenance. Rent increases on camper lots due to go into effect in 2020.

Property Maps

Directions to Property

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.

More Property Details

> Has Residence / Home
> Has Commercial Building
> Commercial Zoning
> Gently Rolling Terrain
> Paved Road Access
> Electricity Service
> Telephone Service
> Cable TV Service
> Cell Service
> Well Water
> Septic
Annual Taxes
$3,651
COMMERCIALFLIP ID
203553
MLS / Other ID
584131
Parcel / Tax ID
061.048.00
Posted on COMMERCIALFLIP
94 Days Ago
Last Updated
29 Days Ago
Views
396
Saves
4
Property features, descriptions, details, directions, sales history, photos, maps, boundaries and files are deemed reliable and provided "as is" without guarantee, warranty, representation, expressed or implied by COMMERCIALFLIP or its advertisers, and is subject to errors, omissions, sale or withdrawal. Contact the seller directly regarding this listing.