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Off Market
1/87

85 Pinecrest Ln
Tryon, NC 28782


HIGHLIGHTS

  • Historic Property
  • Great Investment
  • Central to TIEC
  • Expansive opportunity for additional revenue
  • 11 Separate Buildings including a main lodge, outlying cottages & cabins, a 250-year-old log cabin, a woodcutter cottage, and a stone cottage.
  • Tavern Restaurant and Wine Cellar as well as Conference Center

OVERVIEW

The 1906 Pine Crest Inn has been a relaxing vacation & corporate retreat destination nestled in the Village of Tryon in the foothills of the Blue Ridge Mountains for over 100 years. Listed on the National Registry of Historic Places since 1982, the Inn has a total of eleven buildings that make up the property on +/- 9.5 acres. The property includes 28 rental units (33 bedrooms), a two-story fully equipped modern conference center & a stand-alone 2 bedroom, 2 bath innkeeper's cottage. Additionally, there is a 2 bedroom, 2 bath unit not included in the 28 room count that was previously used as a secondary Innkeepers cottage that could be converted into a revenue unit. The property also has a full service restaurant, bar with all ABC permits, & commercial kitchen with two dining rooms included in the purchase. The restaurant has a long history of outstanding service (numerous AAA 4-Diamond & Wine Spectator awards). With the recent construction & development of the multi million-dollar Tryon International Equestrian Center, and its strategic location between Charlotte, Asheville, and Greenville, the 1906 Pine Crest Inn is optimally located to take advantage of the wonderful growth opportunities in this this area. See attached layout of the property.

FOR SALE DETAILS

PRICE

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# OF ROOMS

-

CAP RATE

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BUILDING DETAILS

PROPERTY NAME

1906 Pine Crest Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

12000

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1906

PARKING SPACES

17

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

M

APN/PARCEL ID

T5-H28