0 Beds

n/a Full bath

n/a SqFt

Active

Redevelopment opportunity! Two hotels, 4.22 acres, 580' frontage on US Hwy 70, blocks from the Black Mountain CBD! Strong location for large box retail, grocery, QSR or national credit tenants. Both hotels (42 rooms) are deemed to have no value and the combined lands will be sold as a package. Land behind the hotel "crests" to about a ~20' knoll then falls to the back property line - sell the dirt, give it away, or seek value-add opportunities via the movement of dirt. Available utilities, highway level access, multiple curb cuts - good time for a use change! Do not disturb residents, no drive-ons - call agent to schedule showings.

Property Details
Price $3,700,000
Lot Size Area 4.22
Lot Size Area Units Acres
Property Type Commercial
MLS Sub type Commercial
Year Built 1958
Roof Composition
Heating Other
Foundation See Remarks
Geographic Data
Directions Where East State St meets West State Street at Broadway & Hwy 9 (in the heart of downtown Black Mountain), go West 5 blocks to the Acorn & Apple Blossom hotels on the right.
County Buncombe
Latitude 35.61277
Longitude -82.33054
Address Information
Address 602 & 600 W State Street, Black Mountain, NC 28711
Postal Code 28711
City Black Mountain
State NC
Country United States
Listing Information
Listing Office NAI Allen Tate Beverly-Hanks Commercial
Listing Office Phone 828-210-3940
Listing Agent Mark Morris
Listing Agent Phone 828-674-4350
Special listing conditions Undisclosed, None
Terms Cash, Conventional, Other
Virtual Tour URL https://wncslideshows.com/3820185
MLS Information
Days on market 254
MLS Status Active
Listing Date Jan 10, 2022
Listing Last Modified Sep 21, 2022
Tax ID 0619-04-2595; -04-5600
MLS # CAR3820185

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This information is believed to be accurate, but without any warranty.