$900,000
$950,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
12 Baths
4,020 SqFt
SOLD DATE : 04/06/2023
Key Details
Sold Price $900,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 4,020 sqft
Price per Sqft $223
MLS Listing ID 3934217
Sold Date 04/06/23
Construction Status Completed
Year Built 1953
Lot Size 1.050 Acres
Acres 1.05
Lot Dimensions 234' X 120' & 167 X
Property Description
Don't miss the great opportunity to own your own profitable Motel. Located on Main Street in Chimney Rock City Limits. Rest in the Adirondack chairs just outside your room and stare up at the Hickory Nut Falls as it sends the crystal clear water down the mountain to the Rocky Broad River just across the road. Nestled and surrounded by the gorgeous greenery in the spring and summer of the Blue Ridge Mountains.Overlooking the beauty of the Rocky Broad River. Just a 10/minute walk to the Entrance of the Chimney Rock State Park, Chimney Rock Gemstone, Hickory Nut Gorge Brewery, with picturesque Lake Lure and beach only a seven minute drive away. Take advantage of the strong tourism market there and Lake Lure as well as western North Carolina. This 11 room Motel has undergone a tremendous amount of upgrades over the last 2 years and is positioned to take advantage of the influx of travelers. Live on site in the owners apartment while enjoying the charm and lifestyle of beautiful Lake Lure.
Location
State NC
County Rutherford
Building/Complex Name Hickory Falls Guesthouse
Zoning GBD
Interior
Heating Electric
Cooling Window Unit(s)
Flooring Carpet, Concrete, Linoleum, Vinyl
Exterior
Utilities Available Cable Connected, Electricity Connected, Phone Connected
Waterfront Description None
Roof Type Fiberglass, Wood, Wood
Garage false
Building
Foundation Slab, Other - See Remarks
Sewer Public Sewer
Water City
Structure Type Block, Frame, Wood
New Construction false
Construction Status Completed
Others
Senior Community false
Restrictions Other - See Remarks
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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