GREENSBORO, N.C. — The Biltmore Greensboro Hotel, a historic Victorian-style boutique property in downtown Greensboro, is on the market for $2 million, offering investors a mix of history, charm, and redevelopment potential, according to LoopNet.
Built in 1920 and believed to have origins dating back to 1895, the hotel is the oldest in the city and features 25 rooms, including four suites and four efficiency units. The property sits within walking distance of restaurants, breweries, shops, and the Tanger Center for the Performing Arts, with easy access to Interstates 85 and 40 and proximity to the Amtrak station, the hotel’s website said.
The three-story building, spanning 17,416 square feet on a 0.11-acre lot, has potential for conversion to upscale apartments or upstairs living quarters, according to property listings. The hotel operates as a full-service boutique property with a business center, fitness center, meeting space, and shuttle service…