$ 1,495,000
85 Pinecrest LN Tryon, NC 28782
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,495,000
Est. payment /mo
Active Under Contract
85 Pinecrest LN Tryon, NC 28782
9.05 Acres Lot
UPDATED:
08/19/2024 01:40 PM
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 4170851
Year Built 1906
Lot Size 9.050 Acres
Acres 9.05
Property Description
Iconic value-add property now available! The 1906 Pine Crest Inn has served as a cultural and social draw for the town of Tryon for decades, and welcomed guests to its 9+ acre campus, 60 seat restaurant, 36 guest accommodations, and conference / event center. The property and business closed in late 2023, is now lender-owned and available for a new steward’s vision and touches.
The main Inn building serves as the functional hub of the property with inviting natural hardwood floors, a stone fireplace, lobby, dining area with commercial kitchen, and four guest accommodations. The 8 outlying cottages each feature their own unique private escapes with quaint kitchenettes, living areas, and porches with views of the grounds.
Property is being sold as-is with all FF&E, and even includes EV chargers! Buyer might also consider subdivision / resale of individual units as a potential capital model. Full interior photos of main inn can be found in virtual tour below.
The main Inn building serves as the functional hub of the property with inviting natural hardwood floors, a stone fireplace, lobby, dining area with commercial kitchen, and four guest accommodations. The 8 outlying cottages each feature their own unique private escapes with quaint kitchenettes, living areas, and porches with views of the grounds.
Property is being sold as-is with all FF&E, and even includes EV chargers! Buyer might also consider subdivision / resale of individual units as a potential capital model. Full interior photos of main inn can be found in virtual tour below.
Location
State NC
County Polk
Building/Complex Name Pine Crest Inn
Zoning M
Interior
Heating Central, Electric, Other - See Remarks
Cooling Other - See Remarks
Inclusions Building, Equipment, Fixtures, Inventory, Other
Exterior
Roof Type Composition
Building
Lot Description Cul-De-Sac
Foundation Crawl Space, Slab
New Construction false
Others
Senior Community false
Special Listing Condition None
© 2024 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Chris Gragtmans • Keller Williams Professionals • chris.gragtmans@kw.com