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26677474
26677483

290 N Main St, Robbinsville, NC 28771

AR
NC 305318, FL 628524 (+1)
Nantahala Real Estate Company
Listed by Nantahala Real Estate Company
Unpriced
311 days on market
Updated 24 days ago
Opportunity zone

Phillips Historic Motel and Cottages

Details
APN Multiple
Property Type Hospitality
Sub Type Motel
Keys 23
Year Built 1945
Year Renovated 2008
Buildings 9
Stories 2
Acreage 1.800
Parking Spaces 21 spaces
Investment Type Owner/User

Phillips Historic Motel and Cottages

Marketing description

Prime Investment Opportunity: Historic Motel in Robbinsville, NC. Own a charming 21-25 room historic motel in the heart of Robbinsville, a bustling tourist destination in western North Carolina. The owner, over 70, is ready to retire, offering a turnkey business with a loyal customer base and growing demand.

Key Features:

  • Location: Just 1 mile from Lake Santeetlah and near iconic roads like the Tail of the Dragon and Cherohala Skyway, drawing motorcyclists, car enthusiasts, hikers, and rafters. Close to Joyce Kilmer Memorial Forest, Great Smoky Mountains, and Nantahala Gorge.

  • Property: Built in the 1940s, this state-designated historic motel offers 21 rooms (various configurations, $90-$150/night) plus 2 apartments. Includes a 5-bedroom, 4-bath owner’s home, which can be reconfigured for 3-4 additional guest rooms. Features cozy courtyards with 3 fire pits.

  • Optional Add-On: Six adjacent vacation rental homes (4 cottages at $200/night, 2 duplexes at $300+/night) in excellent condition, available for $860,000.

  • Motel Price: $840,000 (cottages optional).

  • Business Outlook: Consistent weekend sell-outs during high season, fueled by 60% drive-tourism. A 2025 economic boost from a new factory employing 200-500 people in a rental-scarce town enhances investment potential.

Why Invest? This historic motel, with its prime location and established reputation, is ideal for an owner-operator or investor looking to capitalize on Robbinsville’s thriving tourism and growing rental demand.

Listing Contacts

AR
NC 305318, FL 628524 (+1)
Nantahala Real Estate Company
Listed by Nantahala Real Estate Company

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