$985,000
508 W State St, Black Mountain, NC 28711
0 bed · 0 bath
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Presented by Citadel Cofield · Office (980) 272-8547
About This Property
Excellent opportunity for an investment property in fantastic location on 4 lane road walking distance to bustling downtown Black Mountain. Over 4700 sqft on a .95 acre lot zoned highway business which allows for many commercial uses. Former location of well established restaurant. Over 230' of road frontage on W. State St. (Old US Hwy 70). New wiring and new HVAC system. Ample on site parking. Just minutes to Asheville. Restaurant equipment and chattel negotiable.
About the Neighborhood
Homes for sale in 28711 offer buyers a premier Blue Ridge Mountain lifestyle in Black Mountain, a small Buncombe County community approximately 15 miles east of Asheville via I-40, widely regarded as one of Western North Carolina's most beloved small towns for its vibrant arts scene, walkable downtown, and dramatic mountain setting. The residential landscape features early 20th-century Craftsman bungalows and mountain vernacular cottages in the historic town core alongside mid-century ranches and newer custom construction on wooded mountain lots with layered Blue Ridge views. The celebrated Downtown Black Mountain corridor along State Street delivers an exceptional concentration of independent galleries, local restaurants, and music venues reflecting the community's deep creative heritage, while Lake Tomahawk Park provides a beloved in-town green space with walking trails and community amenities. The Swannanoa River greenway and direct Blue Ridge Parkway access provide extraordinary outdoor recreation connectivity. The 28711 real estate market commands strong demand from buyers drawn to the community's authentic mountain arts character, walkable downtown, and Asheville proximity, typically a 20-minute commute via I-40, at price points below Asheville's most competitive intown markets.
Property Features
Property Description
- Year Built: 1945
- New Construction: No
- MLS #: 4308786
Association
- HOA Required: No
Construction Materials
- Wood
- Roof: Asbestos Shingle
Road
- Road Responsibility: Publicly Maintained Road
- Road Surface Type: Paved
Sewer
- County Sewer
WaterSource
- City
Tax and Financial Info
- Listing Terms: Cash, Conventional
Location
Similar homes nearby
LISTING COURTESY OF: HOWARD HANNA BEVERLY-HANKS ASHEVILLE-DOWNTOWN
rick.tisdale@allentate.com
$985,000
Est. Payment: $5,063/mo
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Black Mountain, NC 28711
0
bedrooms
N/A
baths
N/A
sq.ft.
N/A
price per sf
Presented By
Carnarri Cofield
REALTOR®
Office: (980) 272-8547
Listings courtesy of Canopy MLS as distributed by MLS GRID
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Howard Hanna Beverly-Hanks Asheville-Downtown
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. 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.