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16941 Highway 70 N - Cumberland Cove Golf Course & Cabins 3,520 SF Sports & Entertainment Building Offered at $1,750,000 in Monterey, TN 38574

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INVESTMENT HIGHLIGHTS

  • Prominent acreage provides a multitude of potential commercial development opportunities.
  • Property comes with club house on site.
  • Extremely high visibility situated directly along side Hwy-70 N.

EXECUTIVE SUMMARY

18 Hole Golf Course. Square footage is the total amount of the 6 units. Each unit is 2 bed 2 bath at 900 square feet. Short Term Rentals.Clubhouse and maintenance 7,000 sq ft.Golf Course alone $1,200,000. 6 Cabins and additional acreage $750,000.

PROPERTY FACTS Under Contract

Price $1,750,000
Price Per SF $497.16
Sale Type Owner User
Sale Condition Business Value Included
Property Type Sports & Entertainment
Property Subtype
Golf Course/Driving Range
  • Sports & Entertainment Amusement Park
Building Class C
Lot Size 124.30 AC
Building Size 3,520 SF
No. Stories 1
Year Built/Renovated 1994/2006
Zoning C - Commercial

AMENITIES

  • Air Conditioning
  • Smoke Detector

ABOUT 16941 HIGHWAY 70 N , MONTEREY, TN 38574

18 hole golf course, practice range, clubhouse, maintenance sheds, and all equipment included. (6) 900 Square Foot cabins, 2 bedroom 2 bath, wood burning fireplaces, outdoor decks, overlooks Cumberland Cove Golf Course, and currently fully occupied. Tennis/Pickle ball Courts. 2 additional tracks totaling 15 acres. Please call or email for more information.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 024-151.00
  • 035-002.01
Land Assessment
$12,240
Improvements Assessment
$229,280
Total Assessment
$241,520
  • Listing ID: 29876095

  • Date on Market: 10/25/2023

  • Last Updated:

  • Address: 16941 Highway 70 N, Monterey, TN 38574

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