$513,000
$1,000,000
48.7%For more information regarding the value of a property, please contact us for a free consultation.
12,005 SqFt
SOLD DATE : 06/02/2023
Key Details
Sold Price $513,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 6.43
Square Footage 12,005 sqft
Price per Sqft $42
Subdivision --None--
MLS Listing ID 20231136
Sold Date 06/02/23
Construction Status Functional
Originating Board River Counties Association of REALTORS®
Year Built 1989
Annual Tax Amount $4,503
Lot Size 6.430 Acres
Acres 6.43
Lot Dimensions irregular
Property Description
Estate sale. No taxes, no P & L. Court ordered sale of rafting company with restaurant, large smoker, motel, bunkhouse, shower houses, RV spots with electric and water, pop up spots with electric, campsites, pavillions, buses, rafting equipment, and 7 years left on the river license. Two parcels totaling 6.43 acres. One mile from Lake Ocoee Swimming area. Restaurant has not been open since 2012. Has 12 booths, upstairs storage or more room for tables / booths. Restrooms in back of restaurant along with another small storage area. New roof 6 years ago. Motel has 12 rooms furnished with queen beds and bunk-beds, dresser, table, lamp, and mini-fridge. One large suite runs the depth of the building ( combining 4 units ) to make a 2 bedrooms with large walk-in closets, living room and full sized kitchen with dining area on the base level. Shower house has 4 showers, 3 toilets, and sink on women's side. Has 4 showers, a urinal, 2 toilets, and a sink on the men's side. Bunkhouse shower house has a couple of showers and a toilet for each side. Bunkhouse is two levels with an open area with picnic tables on the main, 4 rooms with 4 bunks each on the main and 3 rooms upstairs with a total of 36 bunks. Has electric, water, a covered porch, and two camp grills. Pavillion in the furthest back has picnic tables, electric, water, and camp grill. Middle pavillion is water only, picnic table, and camp grill. Pavillion by pop ups. Front pavillion has electricity and picnic tables. Gazebo by motel. Office at corner of motel with large back room for storage or more office space. Twelve full RV hookups. Nine pop up spots on one side of the park and 5 more by the RV hookups. Tent camping in the back with fire rings and picnic tables. Three buses included. 4 septic tanks - Shower house on one, Restaurants and two apartments on one, one on the hill, and one on the back edge of the property. Permit for Ocoee has 7 years left. No P&L, being sold for assets. This is a unique opportunity to own a property with multiple income streams from rafting, restaurant, motel, RV / pop up sites, and camping. Business started in the late 80's. One mile from Lake Ocoee swimming.
Location
State TN
County Polk
Area Polk County
Direction From Cleveland take TN 60 S. Merge onto US 64 E / Old Copper Rd. Turn left onto TN 314 N ( Parksville Rd ). Property will be on the right.
Interior
Heating Electric
Cooling Electric
Flooring Concrete, Hardwood
Exterior
Parking Features Gravel
Roof Type Metal
Building
Lot Description Rural
Lot Size Range 6.43
Sewer Septic Tank
Water Public
New Construction No
Construction Status Functional
Others
Tax ID 065 064.02
Special Listing Condition Probate Listing
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Coldwell Banker Kinard Realty