78
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$799,800
Est. payment /mo
11,662 SqFt
New
140 Ford ST Robbinsville, NC 28771
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Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 11,662 sqft
Price per Sqft $68
MLS Listing ID 100609575
Year Built 2003
Lot Size 3.360 Acres
Acres 3.36
Lot Dimensions 541x270.5
Property Sub-Type Business
Source Hive MLS
Property Description
The MOUNTAIN MANOR HOTEL plus adjacent residential/office building, additional 4 bdrm home & laundry garage building & land assemblage. This is a rare downtown commerical lodging income opportunity! A operating nine-suite hotel, three support buildings and 3.36+/- contiguous acres across nine parcels, one block from Main Street & fronting historic Graham County Courthouse Square. Offered at $799,800.00 which equals 76% of the combined 2027 county appraised value of $1,057,020. THE HOTEL: Mountain Manor Hotel is a two-story, 7,120+/- heated SF building with nine apartment-sized suites (four two-bedroom, five one-bedroom). Each suite has its own electric service, water supply, water heater and HVAC, plus a living area, separate dining, full kitchen with full-size refrigerator, stove, microwave and dishwasher, and a covered patio or upper-level deck. The one-bedroom suites have jet tubs. Four suites are renovated and in service today; five are in various stages of renovation. Because every suite is separately metered, a buyer can operate as a hotel, convert to condominiums, lease long term, or use for workforce or affordable housing without major re-wiring. The rest of the assemblage: 1,681+/- SF office/rental building in good condition - ideal for an on-site manager or a long-term rental, additional 2,000+/- SF three-bedroom residence (needs renovation) on 1.38 acres with seven county-recorded RV/campsite sites (needs renovation) & 861+/- SF commercial building, a former laundromat, suited to garages, storage, a workshop or bike/car service bay. Additional vacant lots on Ford Street, Depot Street for parking, new construction or phased redevelopment. This offering is ideal for the area lodging Demand. Considering the tourism side of lodging, Robbinsville is the gateway to some of the best driving and outdoor venues in the Southeast. The Tail of the Dragon (US-129), with 318 curves in 11 miles, is about 30 minutes away and draws motorcyclists and sports-car enthusiasts year-round. The Cherohala Skyway, a scenic byway to Tellico Plains, is nearby. Lake Santeetlah (boating, fishing, paddling) is about 10 minutes away, Joyce Kilmer Memorial Forest's old-growth hiking about 25 minutes, and Fontana Lake and Dam, with its Appalachian Trail crossing, about 30 minutes. The town sits within the Nantahala National Forest and the county line is adjacent to the Great Smoky Mountains. Great Smokey Mountain National Park supports over 12 million visitors annually, which makes it the most visted park in America & this property is nearby. The Nantahala Outdoor center also a highly recognized recreation venue nearby. Western Carolina Regional Airport is 30 minutes away; Knoxville & Asheville is about 2 hours, Atlanta 3. Lodging for work force demand: EcoKing Solutions planned $80.5 million investment at the former Stanley Furniture site is expected to bring 300 + new jobs to Robbinsville, which represents a 10-17% lift over today's roughly 3,000 working residents. New employees, contractors and project staff will need places to live and stay, and fully equipped, individually metered suites are well suited to extended-stay, rental or workforce-housing use. About 30% of working residents already commute 30 minutes or more each way, so lodging near downtown jobs and services is in short supply. Accommodation and food services is one of the town's five largest employment sectors. The hotel sits on a quiet street with parking in front and behind, within walking distance of shops, restaurants, the grocery, and the town's municipal pool and tennis courts, with Main Street traffic steps away.
Location
State NC
County Graham
Zoning None
Direction Driving on HWY 129 towards Robbinsville, drive past E.Main Street, turn on left onto Ford Street. Look for sign
Location Details Mainland
Interior
Heating Electric, Heat Pump
Cooling Central Air
Flooring Tile, Wood
Exterior
Roof Type Wood Joists/Truss,Wood
Garage No
Building
Lot Description Level, Sloped
Foundation Slab
Water Public
New Construction No
Others
Tax ID 5660-11-1b-0007
Special Listing Condition Standard
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Listed by Old Town Brokers
NEARBY SCHOOL & BUSINESS
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