379 Oak AvenueSpruce Pine, NC 28777Price: $340,000

  • Price: $340,000
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Federal 30-year interest rate: 4.85% last updated on Oct 18, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 3409029MLS Number
  • 0.31Acreage
  • 1955Year Built

Listing Tools

Your opportunity to own a fully operational downtown classic Americana style motel at 2,600 ft. elevation in the heart of Appalachia- Spruce Pine, NC! 38 Rooms (16- 1st/ground level, 19- 2nd/upper level) w/covered wrap-around decks/walk-ways, 1 Office, 1 Lndry Rm. 22 spaces w/courtyard parking, add. 39 public spaces across street. Recently upgraded & on Main Street w/2,900 TC, just off US Hwy. 19-E w/11,000 TC, & Hwy. 226 w/16,000 TC, 5 ml. from the Blue Ridge Parkway on-ramp at NC the Mineral Museum & intersection to Little Switzerland. 10 rooms dedicated long-term ($550-$650 per mo.), w/28 rooms for accommodations. Spruce Pine is the largest & growing small town between Asheville & Boone. 30 min. to I-40 & I-26. 50 min. to Asheville, 45 min. to skiing & Boone, 2hr. from Charlotte.

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Listed by Peter Franklin of Foxfire Real Estate, LLC
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