406 W State StreetBlack Mountain, NC 28711MLS Number 3365658

  • Price: $1,500,000
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Federal 30-year interest rate: 4.57% last updated on Jun 21, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • 0.87Acreage
  • 1936Year Built
  • 5600Square Feet
  • BusinessProperty Sub Type

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Stately historic building offers multiple opportunities for commercial or residential use. Originally built in 1936 as a summer retreat for a wealthy family from Durham, NC. Quality addition in 2000 doubled first level to create a perfect event venue for weddings and large parties up to 300 people, seated dining for 225 guests. Kitchen vented for commercial-grade hood, gas lines installed for stoves. Surround sound on entire first floor and outdoor spaces. Upstairs levels with 14 rooms, five baths could be easily converted to a bed and breakfast or boutique hotel. 20 mins from Asheville, NC and in the town of Black Mountain, a vacation destination in the heart of the Blue Ridge Mountains. Zoning will allow for many commercial uses including brewery, distillery or cidery. May be eligible for local historic status by town of Black Mountain. 20 parking spaces with room to create more. Sellers also own home directly behind which may be purchased to add additional access from Border St.

Listed by Janet Whitworth of Premier Sotheby's Int'l Realty

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More Info

Parking

  • Parking Spaces

Building

  • Year Built1936
  • ConstructionTypeSite Built
  • Units1
  • Square Feet5600

Property

  • Acreage0.87

Exterior

  • RoofArchitectural Shingle, Composition Shingle

Basic Information

  • StatusACT
  • Broker IDNCM3303
  • Property TypeCommercial
  • Property Sub TypeBusiness
  • List Price$1,500,000
  • Broker NamePremier Sotheby's Int'l Realty
  • ListingBoardIDAsheville Board of Realtors
  • MLS Number3365658

Utilities

  • HeatingGas

Photos

  • Number of Photos32
  • DatePhoto2018-03-02T12:14:52

Location

  • Building Number406
  • StreetW State
  • TownBlack Mountain
  • StateNC
  • Zip28711
  • CountyBuncombe
  • Access Features4 Lane Highway, Interstate 1 mi or less, State Highway

Interior

  • FeaturesHandicap Access

Amenities

  • CoolingCentral

Other

  • Modification Date06/12/2018
  • View Count8
Cottonwood Properties
Cottonwood Properties
100 W. State St.
Suite 1
Black Mountain, NC 28711
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