Log In/Sign Up
Your email has been sent.
Phillips Historic Motel & Cottages 290 N Main St 21 Room Hotel Robbinsville, NC 28771 $840,000 ($40,000/Room)
EXECUTIVE SUMMARY
Prime Investment Opportunity: Historic Motel in Robbinsville, NC. Own a charming 21-25 room historic motel in the heart of Robbinsville, a bustling tourist destination in western North Carolina. The owner, over 70, is ready to retire, offering a turnkey business with a loyal customer base and growing demand.
Key Features:
Location: Just 1 mile from Lake Santeetlah and near iconic roads like the Tail of the Dragon and Cherohala Skyway, drawing motorcyclists, car enthusiasts, hikers, and rafters. Close to Joyce Kilmer Memorial Forest, Great Smoky Mountains, and Nantahala Gorge.
Property: Built in the 1940s, this state-designated historic motel offers 21 rooms (various configurations, $90-$150/night) plus 2 apartments. Includes a 5-bedroom, 4-bath owner’s home, which can be reconfigured for 3-4 additional guest rooms. Features cozy courtyards with 3 fire pits.
Optional Add-On: Six adjacent vacation rental homes (4 cottages at $200/night, 2 duplexes at $300+/night) in excellent condition, available for $860,000.
Motel Price: $840,000 (cottages optional).
Business Outlook: Consistent weekend sell-outs during high season, fueled by 60% drive-tourism. A 2025 economic boost from a new factory employing 200-500 people in a rental-scarce town enhances investment potential.
Why Invest? This historic motel, with its prime location and established reputation, is ideal for an owner-operator or investor looking to capitalize on Robbinsville’s thriving tourism and growing rental demand.
Key Features:
Location: Just 1 mile from Lake Santeetlah and near iconic roads like the Tail of the Dragon and Cherohala Skyway, drawing motorcyclists, car enthusiasts, hikers, and rafters. Close to Joyce Kilmer Memorial Forest, Great Smoky Mountains, and Nantahala Gorge.
Property: Built in the 1940s, this state-designated historic motel offers 21 rooms (various configurations, $90-$150/night) plus 2 apartments. Includes a 5-bedroom, 4-bath owner’s home, which can be reconfigured for 3-4 additional guest rooms. Features cozy courtyards with 3 fire pits.
Optional Add-On: Six adjacent vacation rental homes (4 cottages at $200/night, 2 duplexes at $300+/night) in excellent condition, available for $860,000.
Motel Price: $840,000 (cottages optional).
Business Outlook: Consistent weekend sell-outs during high season, fueled by 60% drive-tourism. A 2025 economic boost from a new factory employing 200-500 people in a rental-scarce town enhances investment potential.
Why Invest? This historic motel, with its prime location and established reputation, is ideal for an owner-operator or investor looking to capitalize on Robbinsville’s thriving tourism and growing rental demand.
PROPERTY FACTS
| Price | $840,000 | Building Size | 9,343 SF |
| Price Per Room | $40,000 | No. Rooms | 21 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1963/2008 |
| Property Subtype | Hotel | Parking Ratio | 3.64/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 1.67 AC | Opportunity Zone |
Yes
|
| Zoning | commerical - Commercial | ||
| Price | $840,000 |
| Price Per Room | $40,000 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.67 AC |
| Building Size | 9,343 SF |
| No. Rooms | 21 |
| No. Stories | 2 |
| Year Built/Renovated | 1963/2008 |
| Parking Ratio | 3.64/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | commerical - Commercial |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
- Fully-Equipped Kitchen
- Multi-Room Suites
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 2 | $182.00 | - |
| Guest Room | 19 | $89.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | 5660-12-04-5511-3-0 | Improvements Assessment | $581,840 |
| Land Assessment | $94,500 | Total Assessment | $676,340 |
PROPERTY TAXES
Parcel Number
5660-12-04-5511-3-0
Land Assessment
$94,500
Improvements Assessment
$581,840
Total Assessment
$676,340
1 of 35
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Phillips Historic Motel & Cottages | 290 N Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.