For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $2,395,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 4143380
Sold Date 11/07/24
Construction Status Completed
Year Built 1971
Lot Size 5.310 Acres
Acres 5.31
Property Description
Once-in-a-lifetime investment opportunity! This iconic 25 room boutique motel sits atop a private mountain with convenient access to I-26 and a transformative view of 18,000 acres of pristine public lands. The business and facility have been revitalized over the past 3 years and are undergoing a curated room-by-room and campus redesign. Guests enjoy nostalgic motel vibes with modern touches, convenient access, stunning Appalachian sunsets and sunrises, dog-friendly options, remote work capability, and world class outdoor recreation.
Property/business offered for sale with FF&E/Brand IP/Goodwill. Operate as-is for a “working retirement” in the mountains, hold as an investment, or convert into a retreat or wedding venue. Excess acreage is a blank canvas for continued development, and the property is eligible for OZ Federal/State tax incentives.
There are very few views like this on Planet Earth… how will you be its next steward?
**NO Drivebys. DO NOT disturb guests or staff.**
Location
State NC
County Polk
Zoning Saluda C
Interior
Heating Ductless, Electric, Other - See Remarks
Cooling Ductless, Electric, Wall Unit(s), Zoned
Flooring Carpet, Concrete, Cork, Tile
Appliance Bar Fridge, Dryer, Propane Water Heater, Washer, Washer/Dryer
Exterior
Fence Back Yard, Fenced
Utilities Available Electricity Connected, Propane
Waterfront Description None
View Long Range, Mountain(s), Winter, Year Round
Roof Type Metal
Total Parking Spaces 34
Building
Lot Description Views, Other - See Remarks
Foundation Slab
Sewer Septic Installed
Water Shared Well, Well
Structure Type Block,Concrete Block,Stone,Wood
New Construction false
Construction Status Completed
Others
Senior Community false
Restrictions Deed,Short Term Rental Allowed,Signage,Other - See Remarks
Acceptable Financing Cash, Conventional, Owner Financing
Listing Terms Cash, Conventional, Owner Financing
Special Listing Condition Subject to Lease
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Non Member • Canopy Administration
GET MORE INFORMATION