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Historic Hotel with Mixed-Use Building
New
For Lease
$1,700,000

107 Spruce St, Badin, NC 28009

Lodging, dining, apartment, and event components occupy a multi-building property in Badin’s historic district.

Space SizeContact for details
Days on Market1

Property Features for 107 Spruce St

General Information

Standard status Active
Property subtype Commercial
Zoning Commercial

Building Details

Year Built 1925
Listing Agency: Realty ONE Group Dockside North
Listed By: Kelli D Hays () · License #96363
Source: Beachandforestrealty
Added: Sep 8 Last Checked: Sep 8 at 2:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty ONE Group Dockside North

Investment Insights

Based on property information with market context.

The hotel property spans approximately 14,857 heated square feet across two principal buildings on approximately 6.07 acres. The inn includes six guest suites and 10 additional original rooms identified for restoration. A separate three-level building contains a restaurant, bar, commercial kitchen, and dining areas accommodating approximately 50 guests indoors and 50 outdoors. Four long-term apartments provide existing residential space, while another floor requires complete rehabilitation for four additional apartments.

The grounds include gathering areas, an in-ground pool, and a bathhouse. Approximately 41 acres directly behind the property are used for disc golf under a separate lease arrangement, with the inn hosting disc golf tournaments. Located within the Badin Historic District, listed on the National Register of Historic Places, the property is offered in its current as-is condition. Independent verification of zoning, approvals, lease terms, measurements, and renovation requirements is advised.

Key Highlights

  • Approximately 14,857 heated square feet across two primary buildings
  • Approximately 6.07 acres in Badin Historic District
  • Six guest suites plus 10 original rooms identified for restoration

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Pharmacy Kitchen & Bath Showroom Grocery & Convenience Store Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

91
Businesses Nearby

Demographics for 28009, NC

1,210
Population
582
Households
2.1
Avg Household Size
43
Median Age
13%
College-Educated
95%
High-School Grad
2.8 sq mi
ZIP Area
432
Density / Sq Mi
$43,068
Median Household Income
$26,853
Median Earnings
$841
Median Rent
$130,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Hotel - Lodging, dining, apartment, and event components occupy a multi-building property in Badin’s historic district.
Where is this hotel located?
The property is located at 107 Spruce St Badin, NC.
What is the lease rate?
The lease rate is $1,700,000.
What are key features of this property?
This property features: Approximately 14,857 heated square feet across two primary buildings; Approximately 6.07 acres in Badin Historic District; Six guest suites plus 10 original rooms identified for restoration
More about this property
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