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$2,325,000
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Property Description
53 Room All Brick with interior block walls construction nationally flagged Hotel, located Boiling Springs, North Carolina 28017 Home of Gardner Webb University, Hotel Built Year 2006, 3.04 Acres,25,044 Sq. Ft. 2-Story, Indoor Pool, High Ceiling Lobby w/ Business Center, Ample Paved Parking, Family owned and operated* Adjoining 3.98 Acres available for purchase separately. *Please understand that this is a Non-Performing financial asset and the Real Estate is being sold at replacement cost less depreciation. The current Cleveland County tax valuation for this property is $4,234,562.00 *Real Estate ONLY For Sale , Business Optional ... A new Owner may choose to change the flag at any time if they choose to.
Full Property Details
Full Property Details for 428 E College Ave
General
- Sold For: $2,325,000
- Status: Closed
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4233661
- Added to Site: 345 day(s) ago
Interior
- Appliances: Dryer, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer
- Flooring: Carpet, Concrete, Tile, Vinyl
Parking
- Parking Features: Driveway, Parking Lot, Parking Space(s), RV Access/Parking, Shared Driveway
Location
- County: Cleveland
- Cross Streets: Lyman
- City Limits: Yes
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Ductless, Heat Pump
- Heating Type: Ductless, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Cable Connected, Electricity Connected, Natural Gas, Phone Connected, Underground Power Lines, Underground Utilities
Structural Information
- # Buildings: 1
- Builder: MORRISON CONST. INC.
- Construction Status: Completed
- Construction: Site Built
- Exterior Const.: Brick Full
- Roof: Shingle
- # Loading Docks: 1
- Square Feet: 25,044
- Minimum Avail: 25,044 Sq. Ft.
- Year Built: 2006
Lot Features
- Lot Dimensions: 170' x 750'
- Street/Road Desc.: Paved
- Elevation (Approx.): 1000
- Lot Features: Level
- Rcmdd Zoning: B2
Disclosures and Reports
- Restrictions: Height, Signage
- Inclusions: Building, Business, Equipment, Fixtures, Land
- Property ID: 58386
- Lot Number: 1436/1639
Listed and Sold by RE/MAX Select
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Schools
Schools serving 428 E College Ave
School District:Cleveland County Schools
| Name | Grades | Distance |
|---|---|---|
Boiling Springs Elementary School, Shelby, NC 1522 Patrick Avenue, Shelby, NC 28152 | PK-5 | 0.6 mi |
Crest Mid School Of Technology 315 Beaverdam Church Rd, Shelby, NC 28150 | 6-8 | 2.7 mi |
Crest High School 800 Old Boiling Springs Road, Shelby, NC 28152 | 9-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 428 E College Ave
Date
Details
Price
Change
Source
5/19/2025
Sold
$2,325,000
-13.89%
MLS
3/13/2025
Listed
$2,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
428 E College Avenue, Boiling Springs, NC 28017 (MLS# 4233661) is a Commercial property that was sold at $2,325,000 on May 19, 2025. Want to learn more about 428 E College Avenue? Do you have questions about finding other Commercial real estate for sale in Boiling Springs? You can browse all Boiling Springs real estate or contact a Coldwell Banker agent to request more information.

