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Est. Mortgage: $/month

Federal 30-year interest rate: 6.88% last updated on 2024-04-11

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176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743176 Bridge Street Hot Springs NC 28743
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  • 17Bathrooms
  • 11,748Square Feet
  • 0.21Acreage
  • 1933Year Built
Welcome to the Iron Horse! This historic staple located in Hot Springs offers the opportunity for a turn key business with multiple revenue streams. The building has been carefully updated inside and out. New windows, HVAC, roof, kitchen equipment, and so much more. The restaurant serves up the best food in the area! The hotel offers 15 spacious rooms with en suite bathrooms, fully furnished, with careful thought to the mountain feel it resides in. The two separate rental spaces are fully leased with loyal local businesses. This property is a revenue generator allowing for quick turnkey returns on your investment. An offer memorandum is available upon request. Previous contract fell apart due to the buyer asking for a large credit day before the end of the inspection period. Property appraised. All necessary repairs discovered in inspection have been fixed. Owner financing is possible.
Listed by Chris Smith of Century 21 Connected (brokerchrissmith@gmail.com)

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Basic Information

  • ForeclosureN
  • List Price$3,400,000
  • MLS NumberCAR4027032
  • MLS StatusActive
  • Property SubTypeHOTEL/MOTEL

Property

  • Acreage0.21
  • Parking Spaces
  • Water Source City

Property Information

  • Construction Materials Brick Full
  • Inclusions Building, Business, Equipment, Fixtures, Inventory, Land, Licenses
  • Number Of Buildings 3

Tax Information

  • Taxes$1,466,163

Building

  • Elevation 1000
  • Foundation Details Slab
  • Square Feet11,748
  • Year Built1933

Interior

  • Flooring Tile, Wood

Utilities

  • Cooling Ceiling Fan(s), Central Air, Heat Pump
  • Heating Central, Forced Air, Heat Pump, Total Area
  • Sewer Public Sewer
  • Utilities Cable Available, Electricity Connected

Rooms

  • Bathroom17

Location

  • Building Number176
  • CountyMadison
  • Directions GPS is Accurate
  • StateNC
  • StreetBridge Street
  • Zip28743

Exterior

  • Roof Built-Up, Flat, Wood, Wood, Wood, Wood

Amenities

  • Other AmenitiesHorse Property

Other

  • View Count31

Your Local Office

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787

Office: 828-231-3117

Broker Reciprocity © 2024 Listings courtesy of Canopy MLS as distributed by MLS GRID. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The IDX data is deemed reliable but is not guaranteed by MLS GRID and may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS.  Based on information submitted to the MLS GRID as of April 12, 2024 8:22 AM EDT . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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