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85 Pinecrest Ln
Tryon, NC 28782
1906 Pine Crest Inn · Hospitality Property For Sale
·
12,197 SF
INVESTMENT HIGHLIGHTS
- Historic Property
- Central to TIEC
- 11 Separate Buildings including a main lodge, outlying cottages & cabins, a 250-year-old log cabin, a woodcutter cottage, and a stone cottage.
- Great Investment
- Expansive opportunity for additional revenue
- Tavern Restaurant and Wine Cellar as well as Conference Center
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1906/2004 |
| Building Class | B | Parking Ratio | 1.64/1,000 SF |
| Lot Size | 8.86 AC | Corridor | Exterior |
| Building Size | 12,197 SF | ||
| Zoning | M - M | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 8.86 AC |
| Building Size | 12,197 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1906/2004 |
| Parking Ratio | 1.64/1,000 SF |
| Corridor | Exterior |
| Zoning | M - M |
AMENITIES
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Bed & Breakfast
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Multi-Room Suites
ABOUT 85 PINECREST LN , TRYON, NC 28782
The 1906 Pine Crest Inn has been a relaxing vacation & corporate retreat destination nestled in the Village of Tryon in the foothills of the Blue Ridge Mountains for over 100 years. Listed on the National Registry of Historic Places since 1982, the Inn has a total of eleven buildings that make up the property on +/- 9.5 acres. The property includes 28 rental units (33 bedrooms), a two-story fully equipped modern conference center & a stand-alone 2 bedroom, 2 bath innkeeper's cottage. Additionally, there is a 2 bedroom, 2 bath unit not included in the 28 room count that was previously used as a secondary Innkeepers cottage that could be converted into a revenue unit. The property also has a full service restaurant, bar with all ABC permits, & commercial kitchen with two dining rooms included in the purchase. The restaurant has a long history of outstanding service (numerous AAA 4-Diamond & Wine Spectator awards). With the recent construction & development of the multi million-dollar Tryon International Equestrian Center, and its strategic location between Charlotte, Asheville, and Greenville, the 1906 Pine Crest Inn is optimally located to take advantage of the wonderful growth opportunities in this this area. See attached layout of the property.
PROPERTY TAXES
| Parcel Number | T5-H28 | Improvements Assessment | $0 |
| Land Assessment | $4,900 | Total Assessment | $4,900 |
PROPERTY TAXES
