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This Listing Sold On September 14, 2022
M302-JM-JR Sold On September 14, 2022
EXTRAORDINARY OPPORTUNITY to own an ICONIC MOUNTAIN BUSINESS and a part of Northwestern NC MOUNTAIN HISTORY! What started in 1920 as a tearoom and cabins for tourists coming to Shatley Springs for the water’s purported healing properties, Shatley Springs Restaurant is famous for delicious, all-you-can-eat, family-style Southern cooking. In addition to the sprawling restaurant, this picturesque 26.37-acre property located minutes from West Jefferson, the Blue Ridge Parkway, and the New River includes 9 rental cabins (2 currently used as storage), 3 retail cabins, a huge sparkling spring-fed pond, and a vintage log cabin (presently used as office space). The spacious gravel parking lot can accommodate a multitude of vehicles, tour buses, & vans. The restaurant has a fully equipped industrial-size kitchen, dining rooms that seat approximately 215 guests, and a large covered porch. With a well-established following developed over several decades, the restaurant is a significant draw with little to no advertising. Sellers are available to help transition new owners to the business & staff. Additional acreage is available. Call today for more information on our Shatley Springs listing M302.
Building, Land & Business
Latitude: 36.476371 Longitude: -81.403149
Location & Neighborhood
Area: 18-Chestnut Hill, Grassy Creek, Walnut Hill
Fire District: New River
Utilities & Features
Heat: Baseboard Electric, Electric, Mini Split Ductless, Monitor-Propane, Wall/Space
Sewer: Septic Permit, Other-See Remarks
Amenities: Fiber Optics, Long Term Rental Permitted, Other-See Remarks, Restrooms, Short Term Rental Permitted
Parking: 25+ Spaces, Gravel, Parking Lot
Exterior: Log, Wood
Construction: Log, Wood Frame
Property Taxes: $5,033
Financing: Cash/New, Conventional
Price Per Sqft: N/A
Price Per Acre: $37,540
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