Description
Investment Opportunity knocks! Beautiful Wedding Venue with a stunning chapel, reception hall, salon, office spaces, tons of storage, and an outdoor swimming pool. Endless possibilities here. Located in Black Bear Ridge Resort, sitting on 1.5acres and has excellent income history! The large reception hall has an ultimate Chef's commercial kitchen adjacent to the dining room. Huge upstairs offices and tons of storage downstairs. This is a super nice property, with over 6000 square feet of useable space. Accommodating up to 65 guests. An all-exclusive venue since 2006 producing positive income each year. 2022 grossed 523K. 2021 grossed 510K. 2020 grossed 458K. Located minutes to Pigeon Forge, Dollywood, Gatlinburg, and the National Park. The property could potentially generate even more income. In the past the owner held a beer license and operated a restaurant out of the reception hall. A food delivery service would be ideal, servicing the resort alone would be amazing. Another idea would be turning it into a huge cabin rental. The swimming pool is also included with this sale and is currently being offered to resort cabin owners for a fee. Come see this wonderful property for yourself! 3 years and YTD Financials available.
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0BEDS
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1.5ACRES
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1BATHS
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51/2 BATHS
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6,104SQFT
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$311$/SQFT
School Ratings & Info
Description
Investment Opportunity knocks! Beautiful Wedding Venue with a stunning chapel, reception hall, salon, office spaces, tons of storage, and an outdoor swimming pool. Endless possibilities here. Located in Black Bear Ridge Resort, sitting on 1.5acres and has excellent income history! The large reception hall has an ultimate Chef's commercial kitchen adjacent to the dining room. Huge upstairs offices and tons of storage downstairs. This is a super nice property, with over 6000 square feet of useable space. Accommodating up to 65 guests. An all-exclusive venue since 2006 producing positive income each year. 2022 grossed 523K. 2021 grossed 510K. 2020 grossed 458K. Located minutes to Pigeon Forge, Dollywood, Gatlinburg, and the National Park. The property could potentially generate even more income. In the past the owner held a beer license and operated a restaurant out of the reception hall. A food delivery service would be ideal, servicing the resort alone would be amazing. Another idea would be turning it into a huge cabin rental. The swimming pool is also included with this sale and is currently being offered to resort cabin owners for a fee. Come see this wonderful property for yourself! 3 years and YTD Financials available.
Copyright 2024 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Smoky Mountain Real Estate Cor | Office Phone: 865-277-8115 .