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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

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.

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.

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.

Property Maps & Attachments

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.

Home Details

6 Bedrooms
4 Bathrooms
Built in 1950
2 Stories

Commercial Details

Type : Hospitality
Multi Tenancy
1950 Built

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
$4,225
COMMERCIALFLIP ID
203553
MLS / Other ID
588150
Parcel / Tax ID
061.048.00
Posted on COMMERCIALFLIP
343 Days Ago
Last Updated
8 Days Ago
Views
1,388
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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.