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    559 Tea St Charlemont, MA 01339

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    For Sale
    $2,100,000

    Riverfront campground with restaurant and house, income upside potential.

    Lot size:
    18.32 Acres

    Property Features for 559 Tea St

    General Information

    Lot size
    18.32 Acres

    Source: OtherStreet Advisors Agent Enon Winkler

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Riverfront Campground with Restaurant & House

    This property presents an opportunity to acquire a riverfront campground featuring a renovated 200-seat restaurant and a ~2,700 square foot house with 4 beds and 3 baths. Currently, the restaurant and house do not generate income for the campground. There is immediate rental upside with seasonal RV site rates currently below market by approximately $673 per month compared to neighboring campgrounds. The potential exists to achieve a total gross income of $901,587 by year three through rent increases for the existing sites, reopening the restaurant, and renting out the single-family residence as a short-term rental. Seller financing is available up to $1,925,000 with the following terms: $825,000 down, at a 6.0% interest rate with interest-only payments for two years, a five-year term, and payments amortized over thirty years.
    Insight Report Location Intelligence

    Current Use by Public Records

    Mohawk Park Campground Campground Amy Thompson Housing Complex

    Suggested Use

    Building Supply Clothing Store Hotel & Motel Food Market Pawn Shop Farmer's Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Charlemont
    County
    Franklin
    State
    Massachusetts
    Longitude
    -72.9105536
    Latitude
    42.6393327

    Nearby Similar for Sale

    • $425,000

      Charlemont Village Apartment Investment Opportunity

      Unique 5-apartment property in Charlemont, MA with income potential.
      174 Main St, Charlemont, MA 01339
      View Details

    FAQs

    What type of property is this?
    Campground - Riverfront campground with restaurant and house, income upside potential.
    Where is this campground located?
    The property is located at 559 Tea St Charlemont, MA.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - High income potential: Projected gross income of $901,587 by year three.; - Seller financing available: Up to $1,925,000 with attractive terms.; - Immediate rental upside: Current RV site rates are significantly below market.
    (407) 900-9986
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    559 Tea St Charlemont, MA 01339
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