For Sale
$725,000

15702 Highway 197Clarkesville, GA 30523

Successful turnkey hospitality business in Clarkesville, GA

Overview

Added:
Feb 3
Days on market:
62
This exceptional 3,538 sq ft property, situated on 6.17 acres just two minutes from Lake Burton in Clarkesville, Georgia, presents a lucrative turnkey opportunity. The main lodge, known as the North 40 Lodge Bed & Breakfast, features four uniquely charming guest rooms, each with a private entrance, back porch, and full bathroom. These rooms are currently utilized as successful vacation and short-term rentals, generating significant income. The property also boasts a fully operational restaurant complete with a full bar and a professional kitchen, adding another revenue stream. A cozy back deck provides additional seating for restaurant patrons and lodge guests. Further enhancing the income potential is a separate one-bedroom, one-bathroom authentic log cabin, also used as a vacation rental. Combined rental income from the lodge and cabin exceeded $100,000 last year, in addition to restaurant revenue. A substantial shop/storage building offers significant expansion potential, easily adaptable into additional office space or rental units. This established and profitable business is ideally located in a highly desirable area, offering a rare blend of hospitality and investment potential. The property's prime location near Lake Burton ensures consistent demand for its lodging and dining services. This is a remarkable opportunity for an investor seeking a well-established, high-income-generating business with significant growth potential.

Property Details for 15702 Highway 197

Property type
Square Feet
3,538 SF
Year Built
1947
Lot Size (sq. ft)
268,765 SF

Location Insight

City
Clarkesville
County
Habersham
State
Georgia
Latitude
34.79079
Longitude
-83.57487
15702 Highway 197, Clarkesville, Georgia

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15702 Highway 197
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