48 Biltmore AvenueAsheville, NC 28801Price: $4,500,000

  • Price: $4,500,000
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Federal 30-year interest rate: 4.04% last updated on Jan 18, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • 3350562MLS Number
  • 13094Square Feet
  • 0.1Acreage
  • 1925Year Built

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Prime Downtown Asheville Location. Rare opportunity for commercial investment along with residential condo. Building is fully updated and excellently maintained. All mechanicals updated and building is fully sprinkled. The building's main tenant, Chestnut, is a very well-known and highly successful restaurant. The restaurant and bar occupies the main street level space on Biltmore Avenue, and the new full commercial kitchen is in the basement. The second level offers an expansive open floor plan with skylights, original heart pine flooring, insulated windows at front and back of space, and walkout rooftop area. Roof is fully accessible featuring wood deck, an additional living space with bath, kitchenette, and panoramic downtown views. Additional access at rear alley. Parcel #s 9648-49-5679-C0001, 9648-49-5679-C0002 and 9648-49-5679-00000.

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Listed by Ryan Israel of Ellington Realty Group
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