Share This Listing

Message

940 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Prime Aska Corridor Location & Scarce Commercial Acreage
  • Multiple High-Margin Expansion & Flexible Acquisition Structures
  • Prime Aska Corridor Location & Scarce Commercial Acreage

Executive Summary

Rare Commercial & Hospitality Compound | Aska Adventure Area
**Turn-Key Entertainment Landmark & Multi-Residence Real Estate Asset**
An extraordinary acquisition opportunity along Blue Ridge’s highly coveted Aska Road corridor. The Lilly Pad Village stands as an established outdoor entertainment destination and turn-key hospitality compound situated directly in North Georgia’s premier tourism pipeline. Meticulously designed by an architectural specialist, this property bridges the gap for commercial destinations in a high-traffic corridor where scalable acreage is virtually nonexistent.
The Offering & Asset Breakdown
The compound operates a high-margin, low-overhead activity core paired with flexible residential and real estate options:
* **Turn-Key Primary Operations:** Features a pristine 1/3-acre stocked fishing pond, a naturally shaded mountain mini-golf course under deep forest canopy, and heated/covered all-weather gem mining sluices.
* **On-Site Residential Structures:** Includes a newly remodeled 2-bedroom main residence (ideal for an owner-operator or high-performing short-term rental) and an additional 1-bedroom lakeside cottage overlooking the water.
* **Immediate Value-Add Horizons:** Wooded acreage serves as a ready-made arena for a low-CAPEX tactical forest laser tag venue, alongside expanded retail or boutique lodging options. Additional space for cafe or resturant in the covetted Aska Adventure Area.
* **Flexible Acquisition Structures:** Available via multiple purchase options ranging from business-only leases to full legacy acquisition of all real estate, residences, and business operations. 1.19 Acres Adjacent to the building with 1 bedroom airbnb is available as a possible additional asset for purchase.
Property & Location Highlights:
* **Prime Aska Road Location:** Unmatched visibility and accessibility in Blue Ridge’s most heavily trafficked outdoor destination corridor.
* **Strong Brand Equity:** Over 18 years of operational goodwill with hundreds of 5-star Google reviews and deep multi-generational loyalty.
* **Turn-Key Operations:** Includes comprehensive SOP handbooks, established vendor supply chains, specialized equipment, and owner-transition support.
* **Multi-Functional Real Estate:** Gated compound environment providing exclusive private access for on-site residential or short-term rental guests after hours.
?? Confidentiality & Financial Access
**Detailed Financial Package Available Upon Execution of NDA**
Historical P&L statements, revenue breakdowns, Seller’s Discretionary Earnings (SDE) projections, inventory lists, and full offering memorandums will be released strictly to qualified buyers upon receipt of a signed Non-Disclosure Agreement (NDA).

Property Facts

Price $1,600,000
Price Per SF $1,193.14
Sale Type Owner User
Sale Conditions
1031 Exchange
  • Business Value Included
  • Lease Option
Property Type
Specialty
  • General Retail Restaurant
  • General Retail Storefront Retail/Residential
Building Class C
Lot Size 2.00 AC
Building Size 1,341 SF
No. Stories 1
Year Built/Renovated 1935/2017
Parking Ratio 3.46/1,000 SF
Zoning C-3

Amenities

  • Signage
  • Waterfront
  • Wheelchair Accessible
  • Air Conditioning
Exceptionally drivable
100/100
Somewhat bikeable
20/100
  • Listing ID: 41465550

  • Date on Market: 7/28/2026

  • Last Updated:

  • Address: 24 Adelaide Dr, Blue Ridge, GA 30513

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}