406 W State StreetBlack Mountain, NC 28711Price: $1,500,000

  • Price: $1,500,000
$/month over payments
Federal 30-year interest rate: 4.52% last updated on Jul 19, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 3365658MLS Number
  • 5600Square Feet
  • 0.87Acreage
  • 1936Year Built

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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.

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