$1,500,000
Strategically positioned hospitality property in the heart of Maggie Valley and the Smoky Mountains, The Five Star Inn offers ±12,206 SF of existing hospitality accommodations on ±1.62 acres with creek frontage along Jonathan Creek. Four buildings provide 20 guest rooms, a 2 or 3-bedroom innkeeper's quarters, and a 2 bedroom cottage that can be converted back to a guest space. One room currently used by the innkeeper can also be converted back to a guest room. This quaint motel offers a mix of guest room-types, including creekside accommodations with private balconies, and one guest room with a kitchenette. The property was impacted by flooding from Hurricane Helene, therefore nearly every room has been updated with new drywall, flooring and furnishings in the last year. All buildings have been well maintained and have newer roofs, providing lower maintenance for a new owner/operator. The Five Star Inn has a reputation for stellar hospitality and a loyal following of repeat guests. They have maintained a 100% sanitation rating since at least 2019 (when the current owners took over). With 4.7 stars on Google and 4.5 on Tripadvisor, a new operator will enjoy an established reputation and the opportunity to expand their customer base with their own touches. Located directly along Maggie Valley’s “main drag” Soco Road (US 19), the property offers convenient access to major regional thoroughfares, approximately 4 miles from the Blue Ridge Parkway and approximately 4 miles from I-40 via US 19 and US 276. The property is also positioned near US 23/74, providing connectivity to Waynesville, Asheville, and the broader Western North Carolina market. With established hospitality facilities, commercial zoning, creek frontage, and a location within a proven tourism destination, this property presents an attractive opportunity for an investor, hospitality operator, or developer seeking a versatile commercial asset in Maggie Valley.
4418201
MLS
2474 Soco Road, Maggie Valley
