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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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290 N Main St , Robbinsville, NC 28771
$1,648,000
Est. Payment: $3,662.22/mo
0 Bed
0 Bath
0 Sqft
Status: Pending with Showings | Days on site: 262
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House Description

Before Season Starts come get this PRIME Opportunity to Own a 21-Room Motel with 6 Cottages in Western North Carolina. Located near the remote western edge of North Carolina, this 23-room motel with 6 duplex cottages is a unique investment. Built in the 1940s and remodeled over time, it offers a warm, homey vibe that keeps guests returning. Known for its charm, it's a favorite for vacationers, especially motorcyclists riding the Tail of the Dragon, the Cherahala Skyway and other great riding roads in the area. A recent large industrial property sale in Robbinsville, set to employ 300+, has sparked renewed interest in the area and this makes now the perfect time to own one of the few motels in this part Graham County in Western North Carolina, tapping into growing tourism. Its prime location and loyal customer base make it ideal for an owner-operator or investor. The motel features cozy courtyards with fire pits, a popular spot for guests to socialize. The 6 cottages, renovated 7 years ago, are in excellent condition and can generate rental income as duplexes. The motel can be sold without the cottages, or the cottages without the motel. The owner's quarters are spacious, with 2 bedrooms, 2 bathrooms, an office, laundry, living, and dining rooms on the main floor. Upstairs, 4 bedrooms and 2 bathrooms offer additional rental potential, adding versatility. With its history, recent upgrades, and location in a growing region, this motel is a rare find. Perfect for running a thriving hospitality business or investing in a property with strong revenue potential, this Western North Carolina gem is ready to deliver.

Highlights

Listed by Allison Ralph , 954-608-9441 Nantahala Real Estate , 828-321-3101.

Property Type

Commercial Sale

Lot/Acreage
1.8

Year Built

1945

County

Graham

Neighborhood

N/A

Listing ID

98543976

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air,Wall/Window Unit(s)
Fireplaces:
Floor:Vinyl
Water:Public

Exterior Features

Lot:Level,Sloped,Outside City Limits
Zoning:Other-See Remarks
Roof:Metal
Parking Features:Asphalt
Principal Interest
$3,662
Taxes
$1,051

Home Price

$1,648,000

Loan Details

30 yrs
%

Down Payment

20%
$329,600
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,662.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,662.22 $1,050.60 $0.00 $4,712.82
Yearly $43,946.67 $12,607.20 $0.00 $56,553.87
Total $1,318,400.00 $378,216.00 $0.00 $1,696,616.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Robbinsville, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.