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Est. Mortgage: $/month

Federal 30-year interest rate: 6.7% last updated on 2022-09-29

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602 & 600 W State Street Black Mountain NC 28711602 & 600 W State Street Black Mountain NC 28711602 & 600 W State Street Black Mountain NC 28711602 & 600 W State Street Black Mountain NC 28711602 & 600 W State Street Black Mountain NC 28711602 & 600 W State Street Black Mountain NC 28711602 & 600 W State Street Black Mountain NC 28711602 & 600 W State Street Black Mountain NC 28711602 & 600 W State Street Black Mountain NC 28711602 & 600 W State Street Black Mountain NC 28711602 & 600 W State Street Black Mountain NC 28711602 & 600 W State Street Black Mountain NC 28711602 & 600 W State Street Black Mountain NC 28711602 & 600 W State Street Black Mountain NC 28711602 & 600 W State Street Black Mountain NC 28711602 & 600 W State Street Black Mountain NC 28711602 & 600 W State Street Black Mountain NC 28711602 & 600 W State Street Black Mountain NC 28711602 & 600 W State Street Black Mountain NC 28711602 & 600 W State Street Black Mountain NC 28711602 & 600 W State Street Black Mountain NC 28711602 & 600 W State Street Black Mountain NC 28711602 & 600 W State Street Black Mountain NC 28711602 & 600 W State Street Black Mountain NC 28711602 & 600 W State Street Black Mountain NC 28711602 & 600 W State Street Black Mountain NC 28711
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  • 4.22Acreage
  • 1958Year Built
  • ActiveMLS Status
  • $119,900Taxes
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.
Listed by Mark Morris of NAI Allen Tate Beverly-Hanks Commercial

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Basic Information

  • ForeclosureN
  • List Price$3,700,000
  • MLS NumberCAR3820185
  • MLS StatusActive
  • Property SubTypeCOMMERCIAL

Property

  • Acreage4.22
  • Parking Spaces
  • Units42

Utilities

  • Cooling ["Other"]
  • Heating ["Other"]
  • Utilities ["Cable Available", "City Sewer", "City Water", "Electricity Available", "Fiber Optics", "Natural Gas Available", "Telephone On-Site"]

Tax Information

  • Taxes$119,900

Location

  • Building Number602 & 600
  • CountyBuncombe
  • 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.
  • StateNC
  • StreetW State Street
  • Zip28711

Property Information

  • Inclusions Building, Land
  • Number Of Buildings 2

Basic Information

Building

  • Foundation Details ["See Remarks"]
  • Stories1
  • Year Built1958

Interior

  • Flooring ["See Remarks"]

Exterior

  • Roof ["Composition"]

Other

  • View Count12

Your Local Office

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787

Office: 828-231-3117

Broker Reciprocity © 2022 Listings courtesy of Canopy MLS as distributed by MLS GRID. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The IDX data is deemed reliable but is not guaranteed by MLS GRID and may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS.  Based on information submitted to the MLS GRID as of October 3, 2022 10:22 PM EDT . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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