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$258,000

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 #
CAR4297461
Property type
Hotel/Motel
Subdivision
N/A
Status
Active
Days on market
291
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles · public school directory data (NCES)

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

Mortgage calculator

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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 June 16, 2026.

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.