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Key Details
Sold Price $2,850,000
Property Type Commercial
Sub Type Building/Land/Business
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 257625
Sold Date 07/01/26
HOA Y/N No
Year Built 1984
Annual Tax Amount $17,485
Lot Size 1.510 Acres
Acres 1.51
Property Sub-Type Building/Land/Business
Property Description
This offering represents a rare opportunity to acquire a fully operational 64-room motel and restaurant located in Sparta, NC, within the scenic Blue Ridge Mountains. The property is strategically positioned near major highways, airports, national parks, and wineries, making it an ideal destination for both leisure travelers and business guests. With extensive amenities, sustainable features, and a newly remodeled restaurant, this property presents an outstanding opportunity for continued growth and profitability.
Turnkey Operation – Fully equipped and operational motel and restaurant
Diverse Revenue Streams – Lodging, food & beverage, events/conferences
Scenic Destination – High tourism appeal in the Blue Ridge Mountains
Expansion Potential – Ability to further develop hospitality offerings and event hosting
This property represents a once-in-a-lifetime opportunity to acquire a viable hometown business in a thriving tourist destination. With its extensive facilities, updated restaurant, and prime location, the motel is well-positioned for continued success under new ownership.
Location
State NC
County Alleghany
Area 33-Gap Civil
Interior
Heating Ductless, Electric, Heat Pump
Cooling Electric, Heat Pump, 3+ Units
Fireplace No
Exterior
Parking Features Paved, Parking Lot, Parking Space(s)
Utilities Available Cable Available, High Speed Internet Available
Water Access Desc Public
Roof Type Metal
Building
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
Elementary Schools Sparta
High Schools Alleghany
Others
Tax ID 3071501407
Acceptable Financing Cash, Conventional, New Loan
Listing Terms Cash, Conventional, New Loan
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