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Iconic Shatley Springs Restaurant Investment

436 Shatley Springs Road Crumpler, NC 28617

436 Shatley Springs Road, Crumpler, NC, 28617
$1,650,000
For Sale
$1,650,000

Restaurant with cabins, homes, and water source on US Hwy 16.

Days on Market140

Property Features for 436 Shatley Springs Road

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1920
Listing Agency ASHE COUNTY REALTY
Listed by BEVERLY BLACK
Source Corcoran
Added: Mar 3 Updated: Jul 10 at 12:54 pm Checked: Jul 20 at 3:48 am

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 ASHE COUNTY REALTY


Investment Insights

Based on property information with market context.

The legendary Shatley Springs Restaurant, dating back to 1920, presents a remarkable real estate investment opportunity. The property includes seven cabins, with five additional cabins suitable for conversion into gift shops or ice cream parlors. Furthermore, there are two one-bedroom homes available for rental, enhancing the property’s income potential. The property is known for its Shatley Springs Water. Potential uses include a wedding venue or winery, or maintaining its country charm with homestyle cooking. Behind the restaurant, a lake and pond are framed by Airbnb cabins. The property features 2,950 feet of frontage on US Hwy 16 N, 2,700 feet of frontage on Shatley Springs Rd, and over 850 feet of frontage on Shelter Baptist Church Rd. The sale includes all social media accounts, the website, and the name. Enhancements were made in 2022 and 2023. The property has over 40,000 followers on Facebook.

Key Highlights

  • Iconic restaurant property with established reputation and strong brand recognition.
  • Significant income potential from seven cabins and two one‑bedroom rental homes.
  • Extensive road frontage on US Hwy 16 N (2,950 ft), Shatley Springs Rd (2,700 ft), and Shelter Baptist Church Rd (850 ft).

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

(Bike/Boat/Book/etc) Store Florist

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Conventional restaurant - Restaurant with cabins, homes, and water source on US Hwy 16.
Where is this conventional restaurant located?
The property is located at 436 Shatley Springs Road Crumpler, NC.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Iconic restaurant property with established reputation and strong brand recognition.; Significant income potential from seven cabins and two one‑bedroom rental homes.; Extensive road frontage on US Hwy 16 N (2,950 ft), Shatley Springs Rd (2,700 ft), and Shelter Baptist Church Rd (850 ft).
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