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Investment Highlights

  • Fully Renovated 1,108 SF Commercial Space in Downtown Hot Springs
  • Flexible Zoning with Multiple Retail, Office & Food Service Uses
  • High Visibility Location Near Appalachian Trail & Tourist Traffic

Executive Summary

Newly Renovated Commercial Property for Sale in Thriving Hot Springs, NC
The Opportunity Discover unparalleled investment potential in the heart of western North Carolina. This newly renovated commercial space in Hot Springs, NC, offers a blank canvas for entrepreneurs and investors looking to capitalize on a resilient, high-traffic market. Perfectly positioned on the bustling corridor between Asheville, NC, and Knoxville, TN, this property is primed to serve locals and tourists alike in one of the region's most beloved mountain towns.
Endless Possibilities
Zoned and designed for maximum versatility, this pristine, turnkey space is ready to bring your vision to life. Ideal uses include:
Retail Space & Boutique Shops: Capture the heavy foot traffic of Appalachian Trail hikers and weekend visitors.
Bars, Breweries & Cafes: Create the next local hotspot in a community known for its vibrant social scene.
Airbnb & Short-Term Rental Investment: Capitalize on the booming regional tourism market with a high-yield, mixed-use or dedicated hospitality build-out.
Professional Office Space: Establish a modern, inspiring workspace surrounded by the beauty of the Blue Ridge Mountains.
The Location: A Community Reborn
Hot Springs is back and better than ever. Having fuly rebounded from recent weather events, the town is once again a thriving, dynamic community. Known for its world-famous natural mineral baths, outdoor recreation, and welcoming atmosphere, Hot Springs draws steady, year-round tourism. Its strategic location bridges the gap between the Ashevi le and Knoxvile metro areas, guaranteeing excelent exposure and accessibility.
Property Highlights
Condition: 100% newly renovated—save time and capital on build-outs and start operating or leasing immediately.
Flexibility: Open floor plan adaptable for retail, dining, hospitality, or executive offices.
Visibility: High-visibility frontage in a high-demand, walkable downtown area.
Take the Next Step
Don't miss your chance to secure a premium commercial asset in a community that embodies the enduring spirit of western North Carolina.

Property Facts

Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Office
Building Size
1,108 SF
Year Built
1933
Price
$299,000
Price Per SF
$269.86
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
1,108 SF
Opportunity Zone
Yes
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
8860-61-9735
Land Assessment
$62,700
Improvements Assessment
$378,972
Total Assessment
$441,672
  • Listing ID: 39600482

  • Date on Market: 2/27/2026

  • Last Updated:

  • Address: 24 #3 South Andrews Ave, Hot Springs, NC 28743

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