Hotel & Motel Property For Sale - Old Clark Inn

702 Third Ave, Marlinton, WV, 24954

 
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Old Clark Inn

 

702 Third Ave

Marlinton, West Virginia 24954
County: Pocahontas
 
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  For Sale Active  
Property Use Type:Business For Sale
Type:Hotel & Motel
Economy/Limited Service
No. Rooms:11
Building Size:5,000 SF
Lot Size:6,480 SF
Price:N/A
Price/Room:N/A
Year Built:1924
Date Last Verified:12/11/2008
Property ID:15135685
 
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 Attachments 
This is a confidential attachment.  Please contact the listing broker to obtain a password. Floor Plan - Click to unlock 73 KB
 
This is a confidential attachment.  Please contact the listing broker to obtain a password. Included Inventory - Click to unlock 51 KB
 Additional Information 

Property Description:
Classic 1920' s style hotel upgraded to include 11 guest rooms and 10 baths. The oldest continually operating accommodations in the county. Built in 1924 as The Clark Hotel servicing rail-riders, salesmen and CCC families. Over the past 3 years, the current owners have transformed the inn from a hobby business to the highest occupancy lodging in town. Year round clientele includes motorcyclists, bicyclists, skiers, hikers, sight-seers, and outdoorsmen. A large percentage of our business comes from referrals and repeat customers.
Guests have access to multiple common areas, large front porch, rear deck, patio and covered motorcycle parking. Total of 18 rooms and 11 full baths plus attic and other storage areas. 1st floor includes functional kitchen, office and lobby. Most guest rooms have private baths. Owners/managers apartment located on 3rd floor.

Location Description:
In the Potomac Highlands of West Virginia. One block from Main Street in downtown Marlinton, the county' s largest town. Centrally located to area attractions, one block from WV' s longest Rail to Trail. Nearby attractions include The Greenbrier River Trail, Snowshoe Mountain Ski Resort and Raven Golf Club, Cass Scenic Railroad, National Radio Astronomy Observatory and Science Center, Cranberry Glades Botanical Area and Cranberry Mountain Nature Center, Droop Mountain Battlefield State Park, Beartown State Park, the Pocahontas County Opera House and the birth home of Pulitzer Prize winning author, Pearl S. Buck. Year round clientele includes motorcyclists, bicyclists, skiers, hikers, sight-seers, and outdoorsmen.

No. Stories:3
This business for sale includes the real estate it occupies
 Highlights 
Turn-keyowners/managers apartment
 
home-based businesssmall town mountain lifestyle
 
currently operating, many advance reservations37% increase in area tourism in past 5 yrs
  Financial Summary   
No Cash Flow Information Provided
 
  Room Mix Information
Queen Bed
No. Rooms: 7
 
Full Bed
No. Rooms: 2
 
2 Full Beds
No. Rooms: 2
 
 
  Debt & Equity Information
No Debt & Equity Information Provided
5/14/2007




The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
 
 

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