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158 Bridge ST Hot Springs, NC 28743
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Key Details
Sold Price $965,000
Property Type Commercial
Sub Type Food/Beverage
Listing Status Sold
Purchase Type For Sale
Square Footage 5,972 sqft
Price per Sqft $161
MLS Listing ID 3841883
Sold Date 11/02/22
Year Built 1950
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Take a tour through both levels of this turn key investment opportunity offered at a 7.5% CAP Rate. The first video will start at the back of the store. The second will take you through each vacation rental. The building has been completely redone. It features a new roof, HVAC, electrical, and plumbing. A gem within beautiful Hot Springs offers you the opportunity to own a restaurant, store, and vacation rentals all in one. This business was a secondary one for the seller and the income potential has not been fully realized. The rentals were only rented on the weekends at below market rates and the store was only open until 7:00 during peak summer hours. The income potential can be tripled from the current numbers. More material and information available for download. Rentals come fully furnished. No leases are in place. The owner is selling everything.
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Location
State NC
County Madison
Zoning R-A
Rooms
Basement Basement
Interior
Heating Central, Electric, Zoned
Cooling Central Air, Wall Unit(s)
Flooring Tile, Wood
Exterior
Fence Fenced
Utilities Available Cable Connected, Electricity Connected, Gas, Phone Connected
View Water
Roof Type Built-Up, Insulated, Rubber, Other - See Remarks
Building
Sewer County Sewer
Water County Water
Structure Type Brick
New Construction false
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2024 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Cindy Ward • Weaverville Realty