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158 Bridge Street

Hot Springs, NC 28743
  • $975,000
  • STATUS: Active
  • ON SITE: 144 Days
  • ID#: 3841883
UPDATED: 70 min ago
$975,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,972
    SQFT
  • $163
    $/SQFT
Type:
Commercial
Built:
1950
County:
Area:

School Ratings & Info

Canopy MLS logo Offered by Modern Mountain Real Estate Company Llc. Copyright 2022 Canopy MLS. All rights reserved.

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. https://my.matterport.com/show/?m=qv8CufCjSym&brand=0&mls=1& https://my.matterport.com/show/?m=bLAEN4MHvmM&brand=0&mls=1&

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MLS Grid logo Based on information submitted to the MLS GRID as of 2022-08-15T23:33:21.717 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Austin-Barnett Realty LLC nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2022 Canopy MLS.

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158 Bridge Street Hot Springs, NC 28743

  • Price: $975,000
  • Status: Active
  • On Site: 144 Days
  • Updated: 70 min ago
  • ID#: 3841883
0
Beds
0
Baths
0
½ Baths
0.12
Acres
5,972
SQFT
$163
$/SQFT
1950
Built
County:
Madison
Area:
Hot Springs
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. https://my.matterport.com/show/?m=qv8CufCjSym&brand=0&mls=1& https://my.matterport.com/show/?m=bLAEN4MHvmM&brand=0&mls=1&
Exterior Features

Construction Materials Brick Construction Type Site Built Foundation Details Basement Other Parking On Street Road Frontage Type Paved RoadHighway Road Responsibility Public Maintained Road Roof Built-UpInsulatedRubberSee Remarks Structure Type Food Service

Interior Features

Building Area Total 5972 Cooling Central AirWall Unit(S) Flooring TileWood Heating CentralElectricMultizone Heat Office Sq Ft 113 Warehouse Sqft 511

Property Features

CCRSubject To Undiscovered Commercial Location Description General Business District Documents Aerial PhotoBrochureFloor PlanOperation Expenses ReportPlatTax Information Elevation 1500 Flood Plain Yes Hoa Subject To None Inclusions Business Inside City YN Yes Listing Terms CashConventional New Construction YN No Number Of Units Leased 3 Number Of Units Total 4 Possible Use Commercial Property Sub Type Commercial Property Sub Type Secondary Hotel/Motel Restrictions N/A Restrictions Description None Special Listing Conditions None Sprinkler None Transaction Type For Sale Utilities Cable AvailableCounty SewerCounty WaterElectricity AvailableNatural Gas AvailableTelephone On-Site Zoning Description R-A



MLS Grid logo Based on information submitted to the MLS GRID as of 2022-08-15T23:33:21.717 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Austin-Barnett Realty LLC nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2022 Canopy MLS.

Digital Millennium Copyright Act
 
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200-E North Harbor Place Drive
Davidson NC, 28036
Canopy MLS logo Offered by Modern Mountain Real Estate Company Llc. Copyright 2022 Canopy MLS. All rights reserved.