209 E MAIN Street

Introducing the Elk Creek Historical Lodge — a rare 16-unit approved boarding house delivering serious cash flow and a strong 13.5% cap rate with large net income. This income-producing asset features 16 rentable units plus an on-site property manager for streamlined, hands-off operations. Situated on over an acre, the lodge blends historic character with practical upgrades, including industrial-grade kitchen equipment, a spacious common area ideal for group gatherings, two marble fireplaces, updated electrical, a commercial boiler system, and brand-new plumbing in 11 upper units. Ample off-street parking adds convenience, while flexible commercial/residential zoning and a valuable lodge tax exemption further enhance returns. With solid rental history and value-add stability, this is a high-yield investment opportunity you don’t want to miss. POSSIBLE OWNER FINANCING AVAILABLE WITH 75K DOWN.