The State Rooms on Church Street


Swansboro, NC   Offered for sale at $3,500,000
 

Whoever said timeless traditions are in the past should head straight to Historic Downtown Swansboro and check out this commercial landmark on Church St. Here you will be amazed with niche opportunity laid out featuring multiple sources of passive income through both commercial and residential rental units. Are you looking for your next investment? Like a refreshing tide-shift, this property encompasses a unique design with a very quaint, historic, and small town charm. Enjoy a handpicked portfolio of local business owners collaborating or renting and occupying the main level commercial spaces, offering one of a kind services, products, and menus all under the same roof. In addition to the 3 commercial spaces, there are 5 luxury, furnished, staterooms on the top level that are currently being managed as nightly rentals for a great projected rate of return. These 5 condo units overlook Downtown Swansboro and are centrally located to shopping, restaurants, and local music throughout the seasons! With everything the local residents, business owners, and tourists pour into this town, the streamlined growth of this coastal venture will continue to expand its reach year round and prove to be a success for the next owner. Financials released with an executed NDA.



Property Details
  • Potential Inn
  • 5 Guest Rooms
  • 5 Guest Room Baths
  • Has Owner's Quarters
  • Built in 1995
  • Last Renovated in 2021
  • Opened in 1995
  • Building is 4,351 SQFT
  • Lot is 0.15 Acres
  • Photo Gallery
  • Property Website
Financial Details
  • Offered for sale at $3,500,000
  • Annual revenue is $425,000
  • Terms: This information will be supplied with an NDA as there is a commercial lease and vacation rental component to this property
Contact Information