1641 River Road Hot Springs, NC $ 2,500,000
1641 River Road
$ 2,500,000
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1641 River Road

Hot Springs, NC, 28743
$ 2,500,000
Baths0.0

Monthly Estimate*

$ 17,463

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View a Virtual Tour
Studio

Commercial Property for sale in Hot Springs, NC

for $2,500,000. This building was built in 2007 on a lot size of 15.

Discover riverfront mountain living at River lodge Retreat, a remarkable SHORT-TERM RENTAL CABIN COMMUNITY nestled in Hot Springs, NC. Five updated cabins spread across two parcels totaling approximately 15 acres; situated minutes from downtown Hot Springs, renowned for its rejuvenating hot springs tubs, vibrant local culture, and access to the Appalachian Trail. River Lodge has one existing riverfront cabin with an additional riverfront build site available with water, power and septic installed. River Lodge also boasts three additional build sites with infrastructure in place, providing a significant value add proposition. With consistent rental history and net positive cash flow, River Lodge presents a perfect investment opportunity. From hiking the AT, fishing, and kayaking, the surrounding wilderness beckons outdoor enthusiasts to explore and indulge in a myriad of recreational activities. Whether seeking investment, adventure or solace, River Lodge offers something for everyone.

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Commercial Active

Price

$ 2,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Special Purpose

Lot Size

15

Year Built

2007

Town/City

Hot Springs

County/Region

Madison

MLS | Web ID

4105853

Features
Exterior
Inclusions Building Business Equipment Fixtures Land
Lot Size Area 15
Number of Buildings 5
Road Surface Type Gravel Paved
Lot Size Units Acres
Road Responsibility Private Maintained Road
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General
Year Built 2007
Property SubType Special Purpose
Waterfront Features Beach - Private
Additional Parcels Description 8860183509
County Madison
New Construction N
Property Type Commercial Sale
Directions US 25/70 towards Marshall. Take right on River Rd before the French Broad River. 1.6 miles to 1641 on the left. 2..2 miles to right on Lodge Cabin Lane.
City Hot Springs
Body of Water french broad River
Number of Units Leased 5
Street Name River
Virtual Tour https://mls.ricoh360.com/2208fe73-2f2b-457a-84f5-34927bb866a2 https://view.ricoh360.com/2208fe73-2f2b-457a-84f5-34927bb866a2
Standard Status Active
Construction Type Site Built
Restrictions No Restrictions
Tax Assessed Value 755346
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Interior
Street Suffix Road
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Internal Only
Street Number 1 1641
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* Excluded Features
List By
Mountain Land Realty

Broker

Affordability Calculator

$17,463
Per Month
100%
0%
0%
Monthly Principal & Interest
$17,463
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
294628 Elementary School
294724 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/13/2024$2,500,000 Listed Price

Map


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1641 River Road, Hot Springs, NC, 28743 is a Commercial Property for sale at $2,500,000 with a lot size of 15. 1641 River Road is a studio with 0.0 baths and was built in 2007. The property's zip code is 28743 which is in Hot Springs, NC