Building Details

Tenancy Multi

Listing Agency: Coldwell Banker King p***@coldwellbanker.com Show Phone

Listed By: Dick McKinney · License #NC

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 6:28PM

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Investment Insights

Based on property information with market context.

This 11-room motel includes an apartment for an owner to live on the property. The asset has received substantial upgrades over the last 2 years, combining guest accommodations with an on-site residential component.

Located on Main Street within Chimney Rock city limits, the motel sits across the road from the Rocky Broad River and looks toward Hickory Nut Falls in the Blue Ridge Mountains. The entrance to Chimney Rock State Park, Chimney Rock Gemstone, and Hickory Nut Gorge Brewery are reachable by a 10-minute walk. Lake Lure and its beach are approximately a 7-minute drive away, placing the property within a recognized western North Carolina tourism area.

Key Highlights

• 11‑room motel with an on‑site owner's apartment
• Substantial upgrades completed over the last 2 years
• Across the road from the Rocky Broad River

Property Analytics

Property Profile

Current Use

Hickory Falls Inn Hotel & Motel

Suggested Use

Top Pick Parking Lot & Garage Furniture & Home Goods (Bike/Boat/Book/etc) Store Bakery Gym & Fitness Center Wine and Liquor Store

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

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

85

Businesses Nearby

Explore this area Business Placement

Demographics for 28720, NC

125

Population

170

Households

0.7

Avg Household Size

57

Median Age

29%

College-Educated

99%

High-School Grad

9.3 sq mi

ZIP Area

13

Density / Sq Mi

$44,417

Median Earnings

$1,358

Median Rent

$361,100

Median Home Value

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Similar Off Market Nearby

• Barn at Fox Hollow — Chimney Rock, NC 28720
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• The Riverside Lodge at Chimney Rock — 289 Main St, Chimney Rock, NC 28720
• Evening Shade River Lodge Motel and Cabins — 745 Main St, Chimney Rock, NC 28720

Frequently Asked Questions

What type of property is this?

Motel - Upgraded motel includes an on-site apartment for owner occupancy.

Where is this motel located?

The property is located at 676 Main Street Chimney Rock, NC.

What are key features of this property?

This property features: 11‑room motel with an on‑site owner's apartment; Substantial upgrades completed over the last 2 years; Across the road from the Rocky Broad River