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Own a Smoky Mountain Waterfall Roadside Attraction!
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One of a Kind Rare Opportunity
Own the only commercial waterfall in the Smoky Mountains! The property is the former site of the Cascades Lodge built in 1936. The old rock walls, chimney, and parts of the creek fed swimming pool remain.
I have owned the property for 13 years, operating the business myself for the first ten and leasing it for the past 3. Property is vacant and available now. Solid tourist business with many repeat customers. Multiple revenue streams including admission charge to see the falls, gem mining, beer & snacks, rock shop & store, weddings and events, and possibilities to add more. All the new owner needs is signage and inventory to re-open. You will have immediate business.
$80,000 gets you the lease at $5,000/month and an option to buy the property for $1,250,000. Alternatively you could purchase the business and the property outright for$1,250,000. Cash offers preferred but owner financing may be possible with a down payment comparable to what a bank would want for a commercial loan.
This is a special place looking for a special buyer. Is it you?
I have owned the property for 13 years, operating the business myself for the first ten and leasing it for the past 3. Property is vacant and available now. Solid tourist business with many repeat customers. Multiple revenue streams including admission charge to see the falls, gem mining, beer & snacks, rock shop & store, weddings and events, and possibilities to add more. All the new owner needs is signage and inventory to re-open. You will have immediate business.
$80,000 gets you the lease at $5,000/month and an option to buy the property for $1,250,000. Alternatively you could purchase the business and the property outright for$1,250,000. Cash offers preferred but owner financing may be possible with a down payment comparable to what a bank would want for a commercial loan.
This is a special place looking for a special buyer. Is it you?
Detailed Information
- Years in Operation
- 14
- Facilities & Assets
- 5 acres including 300 sq ft store, 2700 sq ft unfinished cabin (in the dry), 30' X 40' covered pavilion, and 2 waterfalls. Property covers both sides of the river. One of a kind, can't be recreated at any price!
About the Sale
- Transition Support
- As little or as much as you would like.
- Seller Motivation
- Retired after successfully running this business for 10 years.
- Financing
- Possible owner financing with good down payment.
Listing Info
- ID
- 2444034
- Listing Views
- 4079
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Business Location
Listing ID: 2444034 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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