Hotel/Motel at 330 Sterling Street NW, Valdese
1 photo

$258,000

330 Sterling Street NW
Valdese, NC 28690
Listed by Starla Hoke · McCombs & Hoke Real Estate
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1927

About this home

Unique investment opportunity in the heart of Valdese, NC! This B-2 zoned property once operated as a hotel with up to 10 efficiency units, two of which were damaged by fire. In addition, a stately brick home (vacant for many years) remains on site, offering potential for restoration or redevelopment. The property sits in a prime location within the charming town of Valdese, known for its Waldensian heritage and artisan culture in the foothills of Western North Carolina. Surrounded by local businesses, industry, shopping, dining, and entertainment, this site offers excellent visibility and accessibility with convenient access to I-40. Rare chance to bring fresh life to a piece of local history! Agent must be present for all showings. Use caution on site.

Property details

MLS
Canopy MLS
MLS #
CAR4436846
Property type
Hotel/Motel
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
October 21, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Valdese Elementary
0.7 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
522
Student:teacher ratio
16.3:1
District
Burke County Schools
Middle
Heritage Middle
0.76 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
512
Student:teacher ratio
17.1:1
District
Burke County Schools
High
Burke Middle College
6.4 mi away · Grades 11-12
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
128
Student:teacher ratio
42.7:1
District
Burke County Schools

Walkability

Blended score for Valdese's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

32
Car-dependent
out of 100
EPA National Walkability Index
7.8 / 20 -- Below average walkable
Google Places amenity density
20 / 100
Restaurants & cafes0
Grocery stores0
Parks3
Schools1
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Valdese, from live MLS data.

On the market 0 days -- 149 fewer days than Valdese's current average of 149 days.
For reference, the median list price across 88 active listings in Valdese right now is $224,950.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,704/mo
$51,600 down
$206,400 loan
Principal & interest$1,339
Property tax (est.)$215
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 5 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.