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$2,500,000
78 Days Online

176 Bridge Street
Hot Springs, NC 28743

For Sale|Hotel/Motel|Active
0
Beds
17
Full Baths
0
Partial Baths

SqFt

/SqFt
1933
Built
County:
Madison

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704-756-7862
176 Bridge Street176 Bridge Street176 Bridge Street176 Bridge Street
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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.

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Listing Snapshot
Price 
$2,500,000
Days Online 
78 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
17
Full Baths 
17
Partial Baths 
N/A
Lot Size 
0.21 Acres
Year Built 
1933
MLS® Number 
4150097
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoListing first seen online
3 months agoListing updated with changes from the MLS®
General Features
Foundation 
Slab
Parking 
On Street
Property Sub Type 
Hotel/Motel
Security 
Fire Sprinkler System
Sewer 
Public Sewer
Utilities 
Cable AvailableElectricity Connected
Zoning 
R-A
Interior Features
Appliances 
Bar FridgeConvection OvenDishwasherFreezerGas CooktopGas OvenIndoor GrillRefrigerator
Cooling 
Ceiling Fan(s)Central AirHeat Pump
Flooring 
TileWood
Heating 
CentralForced AirHeat Pump
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Exterior Features
Construction Details 
Brick
Lot Features 
Corner LotLevel
Other Structures 
None
Road Frontage 
City Street
Roof 
Built-UpFlatWood
Community Features
Financing Terms Available 
CashConventional
Roads 
Paved
Listing courtesy of Century 21 Connected


Listings courtesy of Canopy MLS as distributed by MLS GRID

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Data last update - 2024-09-21 11:35 AM UTC

Neighborhood & Commute
Source: Walkscore
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