Welcome to a rare investment opportunity in downtown Graham's historic district! This iconic property, steeped in local history, offers a unique blend of charm, functionality, and potential. The bottom level has been meticulously redone with all new electrical, plumbing and HVAC system, as well as original historic pieces including doors & ceiling tiles, adding character & allure. It hosts a thriving restaurant & tap house tenant. Upstairs, a previously operational hotel awaits transformation. Imagine the possibilities of converting this space into boutique accommodations, capitalizing on the burgeoning tourism industry. Enjoy the scenic downtown views from the balcony, providing an added touch of elegance and ambiance. With a new elevator shaft already in place, accessibility is seamless, enhancing the property's appeal to both visitors and locals alike. Don't miss this chance to invest in a piece of Graham's rich heritage while seizing the opportunity for modern commercial success. Seller will sign a 3-year triple-net lease at $9,000 per month, with an option to extend. The restaurant is not for sale, only the structure. The sale will include all of the kitchen equipment that are permanently installed. There is a floor plan in Transdocs to convert the hotel portion into apartments. Seller is older and has decided that he doesn't have the energy to run the restaurant and finish the remodel of the upstairs. Please contact the listing agent for more details! Buyers are welcome to visit the restaurant during business hours, but please do not discuss the sale with any of the employees.