2494 Memorial HWY

Lake Lure,NC 28746

$ 799500

- Bed

6 Baths

- SqFt


Key Details

Property Type Commercial

Sub Type Bed/Breakfast

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 4167338

Year Built 1930

Lot Size 0.720 Acres

Acres 0.72

Property Description

Wonderful opportunity to own one of the most charming lodging properties in Lake Lure. Just a stone's throw from the recently sold Lake Lure Inn & Spa, this picturesque 5-plex is perfect for multiple operations as a passive income generator. Whether you're looking for a bed & breakfast, additional rooms to add to your motel/hotel portfolio, apartment dwellings, or a sprawling private home with multiple living spaces...this property is priced right and ready to sell! Only one laundry facility currently in main house but there is room for a laundry facility. The property is made up of a 1930's main house with two bedrooms and two bathrooms. This quirky little place is absolutely adorable and has a flexible layout with a separate exterior entry from one of the bedrooms. The second unit is a cutesy crooked little cottage with fantastic colors and 1950s flair. Cabins 3-5 are identical, lavish little log cabins complete with private entry porches & secluded back patios each with hot tubs.

Location

State NC

County Rutherford

Building/Complex Name Arbor Cabins

Zoning CG

Rooms

Basement Other

Interior

Heating Electric

Cooling Wall Unit(s)

Inclusions Building,Business,Equipment,Fixtures,Inventory,Land

Exterior

Total Parking Spaces 7

Building

Lot Description Private

Dwelling Type Manufactured,On Frame Modular,Site Built

Sewer Public Sewer

Water City

New Construction false

Others

Senior Community false

Restrictions Modular Not Allowed,N/A

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

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