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358 Relax Dr
Smithville, TN 37166
Lakeside Retreat/Camp · Specialty Property For Sale
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22,901 SF
INVESTMENT HIGHLIGHTS
- Tucked along the shores of the winding Center Hill Lake, the property lies just off of Hwy-56, north of downtown Smithville, Tennessee.
- Main lodge w/ conference spaces/offices, a cafeteria area w/ commercial kitchen, guest houses, a picnic area, a pool, and a dock on the lake
- The property has most recently been used as a retreat/conference center and sits on 167.19± acres.
EXECUTIVE SUMMARY
The 167± acres is currently leased from the Army Corps of Engineers (ACE) for $1 per year until October 30th, 2042. The ACE is open to extending the ground lease depending on the user but for no more than 25 years total. The buyer needs to be a 501(c3) corporation and must operate a business that promotes education and/or recreation.
PROPERTY FACTS
| Sale Type | Investment or Owner User | Lot Size | 167.19 AC |
| Property Type | Specialty | Building Size | 22,901 SF |
| Property Subtype | Residential Income | No. Stories | 2 |
| Building Class | C | Year Built | 1974 |
| Zoning | None | ||
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 167.19 AC |
| Building Size | 22,901 SF |
| No. Stories | 2 |
| Year Built | 1974 |
| Zoning | None |
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