Price: $150,000 FOR BUSINESS AND $2,375,716 FOR REAL ESTATE TOTALING $2,525,716
Location: CARROLL COUNTY
Industry: FUN & AMUSEMENT PARK / A819
This property is situated around the man-made Cascade Lake and is utilized as a family owned water park and camp ground. The property is comprised of 2 separate but adjoining parcels. Parcel 13 contains 22.58 +/- acres and zoned Conservation. It is improved by a 2 story frame main residential dwelling, tenant dwelling, a gift shop/life guard station and equipment storage facility, a series of covered pavilions, bath houses, a 6 acre man made lake with water slides, wood docks, decking, picnic areas and parking areas.
Parcel 626 contains 51.36 +/- acres and zoned AG. It is improved by a monumental entrance gate, gate house, frame barn, in-ground swimming pool complex with shade canopy/pavilions, changing room facilities, game room, equipment/storage room and life guard office, sport court, splash court with shade canopy/pavilion, food truck/shave ice stand covered dining pavilion, bath house, soccer filed, sport court, and a series of covered pavilions and parking areas.
Cascade Lake is involved in a summer seasonal business of providing recreational opportunities to all customers most of whom derive from the greater Baltimore Metropolitan area. 74 acres of rolling hills, the lake is spring fed and guarded by Red Cross certified life guards. There are other activities like paddle boating, fishing, grilling and picnicking.
Asking Price: $2,525,716
Gross Income: 383,686
Cash Flow: $51,518
Reason For Sale:RETIREMENT
Year Established: 1920
Days & Hours of Operation: SEASONAL
Employees: 35 SEASONAL
General Location: HAMPSTEAD, MD
Square Footage: REAL ESTATE IS 74 ACRES