$3,800,000
Tazewell, TN 37879
MLS# 9915000
Status: Closed
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Property Description
Fantastic opportunity to own a profitable CAMPGROUND/MARINA business plus 1/4 acre of land LAKEFRONT owner retiring. All the 184 slips are full with a wait list as are all 87 RV/ camper sites. Septic, Electric, City Water and City Sewer. There is an entire peninsula dedicated to the camper area with a paved road in 50 public parking sites and cement public boat dock welcoming any size boat. Mostly covered slips many with electric and lifts. Full service marina with gas oil and on call mechanic. Convenience store, sporting goods, gas, beer. A few additional buildings. Potential for upside growth. 1 hour from Knoxville TN. Must pre approve with lender before viewing financials. Request Drone video and powerpoint to list agent.
Details
Maps
Location, Tax & Legal Info
Street #: 325
Street Name: Lone Mountain Boat Dock Lane
St Suffix: Lane
County: Claiborne
State/Province: TN
Zip Code: 37879
Area: 499 - Out Of Area
Parcel ID: 000 000.00
County Taxes: 1000
Contract Info
Status: Closed
Listing Price: 3800000
Current Price: $3,800,000
Listing Date: 2020-11-01
Buyer Broker: Yes
Buyer Broker Comm: 2
Buyer Broker Comm Type: %
Foreclosure: No
Short Sale: No
Auction: No
General Property Description
Lot Size: 0x0x0x0
Zoning: no
# Parking Spaces: 50
# Restrooms: 2
Annual Lease $: 7600
Remarks & Misc
Public Remarks: Fantastic opportunity to own a profitable CAMPGROUND/MARINA business plus 1/4 acre of land LAKEFRONT owner retiring. All the 184 slips are full with a wait list as are all 87 RV/ camper sites. Septic, Electric, City Water and City Sewer. There is an entire peninsula dedicated to the camper area with a paved road in 50 public parking sites and cement public boat dock welcoming any size boat. Mostly covered slips many with electric and lifts. Full service marina with gas oil and on call mechanic. Convenience store, sporting goods, gas, beer. A few additional buildings. Potential for upside growth. 1 hour from Knoxville TN. Must pre approve with lender before viewing financials. Request Drone video and powerpoint to list agent.
Directions: From Morristown TN take Highway 25E aka 32 to left on Lone Mtn Rd and drive approx 4 miles just after Woodlake Golf community go left and follow road all the way down to the water.
Status Change Info
Date Pending: 2021-04-05
Sold Date: 2021-05-13
Sold Price: $3,800,000
Property Features
Property Condition: Average; Updated/Remodeled
Business Type: Recreation; See Remarks
Exterior Finish: See Remarks
Other Equipment: Additional Building(s); Dumpster; Inside Storage; Outside Storage; Refrigeration; See Remarks
Roof: Metal
Electric Service: 220 Volts
Development Status: Infrastructure In; See Remarks
Heating: See Remarks
AC: See Remarks
Water: Public
Sewer: Public Sewer; Septic Tank
Road Access: County Road
Info Available: Aerial; Leases; Profit/Loss Statement; Topo Map
Restrictions: See Remarks
Easements: None
Financing: Cash; Conventional
Sale Includes: Business Only
Listing Office: Clinch Mountain Realty & Auction Co.
Last Updated: May - 22 - 2021
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.