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Watauga County, NC Hospitality Properties for Sale

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Student Housing Redevelopment Opportunity
$6,800,000

Student Housing Redevelopment Opportunity

380 W King St, Boone, NC 28607

Prime real estate near Appalachian State University with redevelopment potential.

  • Prime real estate location in downtown Boone, NC, across from Appalachian State University.
  • Student housing with redevelopment potential on just under an acre of land.
  • Seven separate buildings with 54 apartment units and 61 total bedrooms.
  • Currently at 100% occupancy with additional income from parking and laundry.
  • Projected Potential Gross Income (PGI) of $570,300 per year starting August 2025.
Updated: Jul 3, 2025
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Based on your search, we've compiled 49 Potential Opportunities for your consideration. Besides 3 Active listings in Watauga County, NC, we suggest exploring several alternatives: similar 42 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Blowing Rock Commercial Land
$199,900
2.00 Acres

Blowing Rock Commercial Land

Commercial land with Grandfather Mountain views and rental potential.

678 Dameron Dr, Blowing Rock, NC 28605
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Blowing Rock Commercial Land
$79,900
1.15 Acres

Blowing Rock Commercial Land

Commercial lot in Blowing Rock with Grandfather Mountain views.

7 Dameron Dr, Blowing Rock, NC 28605
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Commercial Land with Mountain View
$79,900
0.36 Acres

Commercial Land with Mountain View

Commercial land in Blowing Rock with Grandfather Mountain view.

6 Dameron Dr, Blowing Rock, NC 28605
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Land with Mountain Views
$34,900
1.63 Acres

Land with Mountain Views

1.63 acre homesite with views, easy access.

Tbd Nettles Rdg #38R Rdg Hunter's, Banner Elk, NC 28604
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Explore Off-Market Properties in Watauga County, NC

Consider similar Off-Market properties in Watauga County, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

179 Hillside Dr

179 Hillside Dr

Multifamily properties
Value Estimation by Request
179 Hillside Dr, Boone, NC 28607
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247 Homespun Hills Rd

247 Homespun Hills Rd

Multifamily properties • 2,475 SF
Value Estimation by Request
247 Homespun Hills Rd, Boone, NC 28607
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11914 Nc Hwy 105th S

11914 Nc Hwy 105th S

HOTEL • 375 SF
Value Estimation by Request
11914 Nc Hwy 105th S, Seven Devils, NC 28604-8667
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827 Main St

827 Main St

HOTEL • 453 SF
Value Estimation by Request
827 Main St, Blowing Rock, NC 28605-8331
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11914 Nc Hwy 105th S

11914 Nc Hwy 105th S

HOTEL • 462 SF
Value Estimation by Request
11914 Nc Hwy 105th S, Seven Devils, NC 28604-8667
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1377 Blowing Rock Rd

1377 Blowing Rock Rd

HOTEL • 3,540 SF
Value Estimation by Request
1377 Blowing Rock Rd, Boone, NC 28607-6138
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8412 Vly Blvd

8412 Vly Blvd

HOTEL • 43,504 SF
Value Estimation
$10,545,000
8412 Vly Blvd, Blowing Rock, NC 28605-9052
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611 King St

611 King St

HOTEL • 475 SF
Value Estimation by Request
611 King St, Boone, NC 28607-3421
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671 Main St

671 Main St

HOTEL • 1,295 SF
Value Estimation by Request
671 Main St, Blowing Rock, NC 28605-6159
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5188 Us Hwy 221st S

5188 Us Hwy 221st S

HOTEL • 880 SF
Value Estimation by Request
5188 Us Hwy 221st S, Blowing Rock, NC 28605-8990
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830 Main St

830 Main St

HOTEL • 5,184 SF
Value Estimation by Request
830 Main St, Blowing Rock, NC 28605-8331
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788 Main St

788 Main St

HOTEL • 1,200 SF
Value Estimation
$1,650,000
788 Main St, Blowing Rock, NC 28605-8278
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116 Lakeview Ter

116 Lakeview Ter

HOTEL • 5,160 SF
Value Estimation by Request
116 Lakeview Ter, Blowing Rock, NC 28605-9501
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8725 Nc Hwy 105th S

8725 Nc Hwy 105th S

HOTEL • 4,629 SF
Value Estimation
$405,000
8725 Nc Hwy 105th S, Boone, NC 28607-7338
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127 Yonahlossee Rd

127 Yonahlossee Rd

HOTEL • 288 SF
Value Estimation by Request
127 Yonahlossee Rd, Blowing Rock, NC 28605-9845
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191 Cecil Miller Rd

191 Cecil Miller Rd

HOTEL • 520 SF
Value Estimation by Request
191 Cecil Miller Rd, Boone, NC 28607-3236
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153 Morris St

153 Morris St

HOTEL • 699 SF
Value Estimation by Request
153 Morris St, Blowing Rock, NC 28605-9026
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1075 Hwy 105

1075 Hwy 105

HOTEL • 1,380 SF
Value Estimation by Request
1075 Hwy 105, Boone, NC 28607-4604
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2060 Blowing Rock Rd

2060 Blowing Rock Rd

HOTEL • 36,282 SF
Value Estimation by Request
2060 Blowing Rock Rd, Boone, NC 28607-6152
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248 Westview Dr

248 Westview Dr

HOTEL • 1,250 SF
Value Estimation
$365,000
248 Westview Dr, Blowing Rock, NC 28605-9267
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2419 Hwy 105

2419 Hwy 105

HOTEL • 12,474 SF
Value Estimation by Request
2419 Hwy 105, Boone, NC 28607-7815
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Watauga County, NC Hospitality Properties Investment Opportunities Market Analysis

Explore 45 hospitality properties for sale in Watauga County, NC, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 14,177,909 square feet of properties for sale, with an estimated market value of $30,230,000.

Prices for hospitality properties in Watauga County, NC start at $310,000, averaging $3,358,888, and reaching up to $11,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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