Hot Listing

Historic Destination 21 Room Motel + 5 Bedroom/4 Bath Grand House

Asking Price$949,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.9343

Price per Sq. Ft.$102.00

Destination 21 Rm Motel + 5Bd/4Ba HouseSave
Hot Listing

Historic Destination 21 Room Motel + 5 Bedroom/4 Bath Grand House


Asking Price$949,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.9343

Price per Sq. Ft.$102.00


Seller Financing Available
Property Description
Phillips Historic Motel is a great opportunity for a family wanting to live on the property. Located in the scenic western part of North Carolina, next to the Smoky Mountains. The clientele is 80% high-end luxury sports car drivers and motorcyclists who come and ride the roads in this area on the edge of the Smoky Mountains. Robbinsville is the only town near two or three of the most famous roads in the United States, the Tail of the Dragon, the Cherohala Skyway, and others.

Major airports close by are: Ashville, Charlotte, Knoxville & Atlanta.

Eco King Solutions creating 500+ jobs in the Robbinsville area (see below).

https://wlos.com/news/local/multi-million-dollar-business-opening-in-graham-county-bringing-over-500-jobs-governor-josh-stein-china-company-chick-fil-a-chipotle-job-development-ecoking-manufacturer-board-commissioners-construction-employment-food-packaging

https://www.commerce.nc.gov/news/press-releases/2025/07/22/governor-stein-announces-515-new-jobs-western-nc-manufacturer-selects-graham-county

Will consider 1031 exchange for another property of similar value in Arizona, California, Utah, or Colorado, or income properties at or near a ski resort. Buyers and Buyers' Agents are to confirm any and all information they may deem material to their decision-making. Seller is making no warranties or guarantees and the property is being sold "AS IS". Any questions contact Conrad at 480.980.5388 or CGreene@LafayetteAdvisors.com
About the Property
Type
Other Business Real Estate
Building Status
Established
Facilities & Assets
The motel property has four buildings. The motel's main building includes the owner's five-bedroom, four-bathrooms, a reception area, a laundry room, a large basement with an additional laundry services, and 12 guest rooms. Building 2 has 3 guest rooms, Building 3 has one large guest room. Building 4 has 5 guest rooms. Built/Renovated: 1963/2008.
Location Description
Robbinsville, NC: It's hard to find 1.67 acres of commercial zoning at better price for a historic well-established destination property in a high-demand destination tourist area. Additionally, there is a resurges of manufacturing (Eco King Solutions, etc.) adding to the limited housing demand. .
Current and Prior Use
Motel: 21 Rooms+5BDRm/4BA Home Note:NOT included in motel sales price. Adjacent property of 6, 3-bedrm homes on 2 separate commercial zoned tax parcels. Homes are overflow when motel is full. The six detached homes rent for approximately $200/night. The 6 homes are valued at $1+M, maybe included in purchase for additional $850k, if purchased with the motel.
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Financing
Price at $949K with financing of a minimum $500K or CASH $899K.
Listing Info
ID:
2384351
Listing Views:
817
Business Location

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Property Listed by: Conrad Greene The Lafayette Group, LLC

Listing ID: 2384351 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.