PRIME Opportunity to Own a 21-Room Motel with 6 Cottages in $1,648,000

Commercial For Sale near Lake Santeetlah

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.