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Welcome to the Iron Horse! This historic staple located in Hot Springs offers the opportunity for a turn key business with multiple revenue streams. The building has been carefully updated inside and out. New windows, HVAC, roof, kitchen equipment, and so much more. The restaurant serves up the best food in the area! The hotel offers 15 spacious rooms with en suite bathrooms, fully furnished, with careful thought to the mountain feel it resides in. The two separate rental spaces are fully leased with loyal local businesses. This property is a revenue generator allowing for quick turnkey returns on your investment. An offer memorandum is available upon request. Previous contract fell apart due to the buyer asking for a large credit day before the end of the inspection period. Property appraised. All necessary repairs discovered in inspection have been fixed. Owner financing is possible.

PROPERTY FEATURES

Water Source : City Sewer System : Public Sewer
Parking Features :
Lot Features : Corner Lot Road Surface Type : Paved
Heating : Central
Construction Type : Site Built Construction Materials : Brick Full Foundation Details: Slab
Appliances : Bar Fridge Flooring : Tile

PROPERTY DETAILS

Street Address: 176 Bridge Street
City: Hot Springs
State: North Carolina
Postal Code: 28743
County: Madison
MLS Number: 4150097
Year Built: 1933
Courtesy of Century 21 Connected

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