Address
602 & 600 W State Street Black Mountain, NC
Price
$ 3,700,000
Property Attributes
  • ID#3820185
  • TypeCommercial
  • CountyBUNCOMBE
  • CityBlack Mountain
  • AreaBuncombe County
  • Zip28711
  • StyleCommercial
  • Price$ 3,700,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size4.22 Acres
Listing Provided Courtesy Of:
NAI Beverly-Hanks
Data Source:
Canopy MLS
Property Description

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.

Price History
1/12/2022 Listed $3,700,000

General Features

Car Hoasubjectto None
City Black Mountain
Complex Name Apple Blossom & Acorn Motels
Construction Type Site Built
Cooling Other
County Buncombe
Days on Market 2
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.
Flooring See Remarks
Heating Other
New Construction No
Possible Use Commercial, Other
Property SubType Commercial
Property Type Commercial Sale
Restrictions Other - See Media/Remarks
Roof Composition
Secondary Sub-Type Hotel/Motel
Standard Status Active
Street Name State
Structure Type Unimproved Commercial
TaxAssessedValue 119900
Total Units 42
Utilities Cable Available, City Sewer, City Water, Electricity Available, Fiber Optics, Natural Gas Available, Telephone On-Site
Virtual Tour https://wncslideshows.com/3820185
Year Built 1958
Zoning Description HB8

Interior Features

Sprinkler None
Street Suffix Street
Total Stories 1

Exterior Features

Foundation Details See Remarks
Inclusions Building, Land
Lot Size Area 4.22
Number of Buildings 2
Road Frontage Type Highway, Interstate, Paved Road, Highway
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 28711

Price
AVG $1.16M
$3.7M
Visits
AVG 120
9
Year Built
AVG 1941
1958
Walkscore
AVG 49
33
Data Provided by Walkscore ® not using MLS data

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