Address
20 US 19 Highway, Cherokee, NC
Price
$ 3,750,000
Property Attributes
- ID#4007312
- TypeCommercial
- CountySWAIN
- CityCherokee
- AreaSwain County
- Zip28719
- StyleHotel/Motel
- Price$ 3,750,000
- Bedrooms0
- Full Bathrooms45
- Half Bathrooms0
- Lot Size0.964 Acres
Data Source:
Canopy MLS
Property Description
Just Listed! - a remarkably rare opportunity to own a seasoned, limited-service Choice “flag” hotel inside Cherokee’s Qualla Boundary! Own or operate this “fee” titled, 45 key hotel just one mile west of Harrah’s Cherokee Casino Resort, the Convention Center, blocks west of retail shops, and walking distance to the Oconaluftee Island River Park. A Choice franchised flag since 2005, this hotel has a long history of income generation with opportunity to rebrand or renew in March, 2023. Great 1031 TDE, investment or operating hotel with FF&E in place. Current tribal hospitality levy is 4% on sales; certain EBCI benefits apply if buyer is enrolled! Serious inquiries only;. Reliable brand, reliable staff -come to the Gateway to the Great Smoky Mtns National Park, come to nature, come to Cherokee! By appointment only.
| Price History | |
|---|---|
| 3/3/2023 | Listed $4,250,000 |
| 9/28/2023 | 12% - $3,750,000 |
General Features
| Appliances | Other |
|---|---|
| Car Hoasubjectto | None |
| City | Cherokee |
| Complex Name | Econolodge |
| Construction Materials | Brick Full, Brick Partial, Frame |
| Construction Type | Site Built |
| Cooling | Electric, Multi Units, Total, Window Unit(s), Zoned, Other - See Remarks |
| County | Swain |
| Directions | From the front gate entrance to Harrah’s Cherokee Casino & Convention Center, go west 1 mile on Tsalagi Rd (US 19) to the intersection of US Hwy 441 and take an immediate left into the hotel park |
| Heating | Electric, Total Area, Zoned, Other - See Remarks |
| New Construction | No |
| Number of Units Leased | 45 |
| Possible Use | Commercial |
| Property SubType | Hotel/Motel |
| Property Type | Commercial Sale |
| Restrictions | No Representation, Short Term Rental Allowed, Other - See Remarks |
| Roof | Metal |
| Sewer | Public Sewer |
| Standard Status | Active |
| Street Name | US 19 |
| Tax Assessed Value | 1423860 |
| Utilities | Electricity Connected, Phone Connected, Propane, Satellite Internet Available, Wired Internet Available |
| Virtual Tour | https://youtu.be/Gf1C_AgNydw |
| Year Built | 1955 |
Interior Features
| Flooring | Carpet |
|---|---|
| Street Suffix | Highway |
| Total Baths | 45 |
Exterior Features
| Foundation Details | Slab |
|---|---|
| Inclusions | Building, Equipment, Fixtures |
| Lot Features | Paved, Private, Other - See Remarks |
| Lot Size Area | 0.964 |
| Lot Size Units | Acres |
| Number of Buildings | 1 |
| Parking Features | Driveway, Parking Lot, Parking Space(s), Other - See Remarks |
| Road Frontage Type | 4 Lane Highway, City Street, US Highway |
| Road Responsibility | Publicly Maintained Road |
| Road Surface Type | Paved |
| Water Source | City |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 28719
Price
Visits
Year Built
Walkscore
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