153 & 149 Bridge Street in Hot Springs, NC 28743
$1,399,900
Community: Hot Springs in Madison County
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Great opportunity to own a Motel and Restaurant in the town of Hot Springs! The motel is currently in operation and offers, 7 rooms with bathrooms, separate building for laundry & firepit area with views of the rolling river. The restaurant is ready to go with all kitchen equipment as well as indoor & outdoor seating. The outdoor space would be great for bands & entertainment. Additional space upstairs has been used for office/storage. Motel & Restaurant are walking distance from each other. This is a great investment opportunity in a flourishing little town with locals, tourist & hikers off the Appalachian trail!
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Map
Directions: From Marshall By-Pass - Take 25/70 towards Hot Springs. TL left at old Mill Wheel to continue onto 25/70. Once you get into town cross the railroad tracks building will be on your right with banner. Take the road that cuts right beside restaurant to get to motel.
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The resort town of Hot Springs is also nestled next to the French Broad. Though its resident population is only 650, the town's numbers swell with visitors seeking relaxation and recreation. Hot Springs got its name from one of the region's extraordinary natural features: mineral springs with a temperature of more than 100 degrees. The Hot Springs Resort & Spamaintains indoor and outdoor hot tubs that are fed by the springs, and also offers a full range of massage and body treatments. Broadwing Farm Cabins also features spring-fed tubs.
The town itself is quite quaint, with one main drag that's lined with cafes, coffee shops and gift stores.
Hot Springs' real outdoor claim to fame, though, is its intimate relationship with the Appalachian Trail. The AT passes right through town. Each April, the town hosts the weekend-long Trailfest, a celebration of all things AT complete with live music, local foods and athletic events.
A few weeks after Trailfest, Hot Springs sponsors the annual French Broad River Festival, featuring an impressive roster of musical groups, whitewater and bike races, arts and crafts vendors and a kid's village. And in September 2011, the town added the French Broad Fall Fest to its calendar, a celebration of craft beer and live music.
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