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Looking for a pristine real estate investment that offers unlimited potential? Look no further than the iconic Shatley Springs Restaurant! This property has an incredible history dating back to 1920, and it's still standing strong with all the personality and charm that everyone loves. And now, it's your chance to own a piece of history and take advantage of the many opportunities that this property offers.The investment property includes 7 beautifully renovated Airbnb cabins, 5 additional small cabins that could be used as gift shops or ice cream shops, and two 1-bedroom homes set up for rental. Plus, the renowned Shatley Springs Water is well-known throughout the eastern states and beyond.There are endless possibilities for this property, from a wedding venue to a winery, or simply keeping the beautiful country charm with homestyle cooking that everyone loves. And with the beautiful lake/pond setting just behind the restaurant and overlooked by the charming Airbnb cabins, this property is the perfect investment to keep in your family for generations to come. The property offers over 2950ft of US Hwy 16 N frontage, 2700ft of road frontage on Shatley Springs Rd, and over 850ft of road frontage to Shelter Baptist Church Rd. Plus, the property has over 40K followers on Facebook, and the sale includes all social media, the website, and the famous name.There have been lots of improvements made in 2022 and 2023, making this property even more attractive to potential buyers. So don't miss out on this rare opportunity - invest in the iconic Shatley Springs Restaurant today!
| DAYS ON MARKET | 393 | LAST UPDATED | 7/22/2024 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 1920 |
| COMMUNITY | 18-Chestnut Hill, Grassy Creek, Walnut Hill | COUNTY | Ashe |
| STATUS | Conditional | PROPERTY TYPE(S) | Commercial |
| Elementary School | Mountain View |
|---|---|
| High School | Ashe County |
| PRICE HISTORY | |
| Prior to May 17, '24 | $2,300,000 |
|---|---|
| May 17, '24 - Today | $1,950,000 |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 18-Chestnut Hill, Grassy Creek, Walnut Hill |
| CONSTRUCTION | Wood Siding |
| HEAT | Baseboard, Electric |
| LOT | 68.246 acre(s) |
| PARKING | Gravel |
| SEWER | Private Sewer |
| SUBDIVISION | None |
| TAXES | 3342.03 |
| WATER | Private |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Beverly Black, Ashe County Realty, (336) 846-4008
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