Lake Commercial For Sale

Moving to TN and need a new career? This Marina/Campground will be a great money maker and a lot of fun to run. There is a 10 CAP rate on this one!! 296 Boat slips of all sizes including houseboats, 36 camper sites with electric and well water, 13 cabins including a 3 bedroom owners house with garage overlooking the lake. We have secured a local lender that will look at anyone that needs financing for this project. The property is in good shape and has seen a lot of improvements in the last few years. Owner is retiring and needs someone to come in and take this to the next level. The area is fantastic and the marina is just off the highway. Approx 30 min to Johnson City TN or Boone NC. Both growing areas for business and population. Drone video available along with a marketing package.

Property Details

  • Beds: 0
  • Baths: 0.0
  • Year Built: 1997
  • Location: Watauga Lake
  • Acres: 19.000
  • County: Carter County
  • Heat/AC: Heat Pump
  • Roof: Metal
  • Property Taxes: $18,417
  • MLS #: 704509

Location

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Contact Information:

Contact Agent
Buyer's Agent: Salvatore Malantonio
Greg Cox Real Estate | Berkshire Hathaway
423-957-6974
Please say you found it on Lakehouse.com !
Listing Agent: Kimberly Young, Clinch Mountain Realty & Auction, 727-542-9733, 865-993-5263 Listing Site, Listing Status: Active
Copyright © 2024 Lakeway Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Commercial For Sale in Butler, Tennessee
Ad Number : 5191224
Viewed: 290 times
Added: Jul 24, 2024
Updated on: Aug 12, 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified.