*RARE INCOME PRODUCING HISTORICAL HOME IN TRYON!* Discover a rare investment opportunity in the heart of Tryon, NC where historic elegance meets modern cash flow. Nestled just steps from downtown, 145 Melrose offers 5,722 sq ft of beautifully renovated living space across two distinct buildings—a grand 1910 built main house & a charming detached cottage—now configured as six upscale, long-term rental apartments. Fully leased at $8,350/mo ($100,200/yr), this turnkey property delivers immediate income with room to grow. Step into a world of timeless appeal: the main residence boasts a wraparound porch, hardwood floors, & soaring ceilings, thoughtfully divided into 4 spacious units. The adjacent cottage adds 2 more, each w/ private entrances & modern upgrades. Set on a lush 0.52-acre lot w/ manicured gardens, this compound radiates curb appeal & versatility. Centrally located between Asheville, Charlotte, Greenville & Spartanburg - less than 1 hour to AVL & GSP & >2 hours to CLT airports.
PRIME, PRIME, PRIME...Prime Location, Prime Asset with Parking, Primed for Retrofit! The current owner has spent well over $200,000 in demolition and building plans for retail and apartments. The additional land, accommodating over 30 parking spaces, provides for much-needed downtown living opportunities in fashionable Tryon, an in-demand place for residence and business activity. It is a landmark in Tryon's history and remains in the public eye, as well as the expectations for its new life. Investors gather and behold the possibilities, which are only limited by your imagination! Endless is the word that comes to mind. The hard work has been done. The canvas is ready for new ideas and fresh eyes to turn this diamond in the rough into a sparkling jewel! Some might say it is a Great Investment opportunity. The Architectural renderings and plans are available for you to review. Please call the Listing Agent for a tour and additional information.
"Engel Lukas Hall" FKA St. Luke's Hospital is For Sale! The sellers have spent almost 3 years restoring this unique, historic building. St. Lukes was built in the 1920's which was during a time of economic depression in our Country, but 2 Doctors had a vision to build a hospital for birthing babies in Polk County! The hospital had a long, prosperous life until the early 2000's when the building was no longer being utilized. The current sellers have taken their time reviving the structure's beauty, integrity & stability. They had to repair or replace many areas of roofing using hand crafted terracotta tiles, adding all new copper flashing & matching copper gutters, repairing a multitude of broken windows, conducting a Phase 1 & 2 Enviromental Inspection & remediating buried oil tanks, having the exterior trenched and filled with rip-rap to divert water away from the structure. The building boasts 40,000 sqft & has dozens of rooms, soaring ceilings & 17 bathrooms! There is a 2700 SQFT Kitchen, a generator, 2 elevators, and well over 40 individual rooms! There is Approx 16,000 SQFT in the original stone hospital. The 2 brick wings were designed & built in the 50's by Holland Brady. Sellers had the property rezoned to a The Town's most Flexible Zoning: GBCU -space can be used as residential & business. 3 Phase Power. All Public Utilities. Sellers have replenished the land with over 3000 new trees, shrubs, flowers. AND, it's only 2 blocks from new "Rails to Trails". This is a unique opportunity to make your vision a part of Tryon's History!
Class A, recently renovated space in downtown Tryon, with dedicated off-street parking lot, private entrance, deck and garage doors for inside/outside uses. Former restaurant equipment and set up still in place. Lease terms for 112 N. Trade building include Wifi, water/sewer, electricity, heating and air-conditioning, janitorial service, garbage collection and common area maintenance, landscaping and parking lot maintenance. Three additional suites also available: 1,130 s.f. with large display windows on Main Street; 957 s.f. with direct fiber optic connection and equipment room; and 1,142 s.f. with private bath and courtyard with fountain.
Andrea Conner, License #298336, Xome Inc., License #C24582, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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The median home value in Tryon, NC is $430,000. This is higher than the county median home value of $340,100. The national median home value is $338,100. The average price of homes sold in Tryon, NC is $430,000. Approximately 46.14% of Tryon homes are owned, compared to 36.7% rented, while 17.17% are vacant. Tryon real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Tryon real estate agent to arrange a tour today!
Tryon, North Carolina has a population of 1,334. Tryon is less family-centric than the surrounding county with 7.84% of the households containing married families with children. The county average for households married with children is 22.17%.
The median household income in Tryon, North Carolina is $42,589. The median household income for the surrounding county is $55,058 compared to the national median of $69,021. The median age of people living in Tryon is 66.4 years.
The average high temperature in July is 87.6 degrees, with an average low temperature in January of 28.3 degrees. The average rainfall is approximately 55.3 inches per year, with 3.8 inches of snow per year.