401 N Fifth Street Highlands, NC $ 3,600,000
401 N Fifth Street
$ 3,600,000
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401 N Fifth Street

Highlands, NC, 28741
$ 3,600,000
Baths0.0

Monthly Estimate*

$ 25,147

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Studio

Commercial Property for sale in Highlands, NC

for $3,600,000. This building was built in 1931 on a lot size of 0.92.

Own a piece of Highlands history! The first time on the market. this property once was home to a 9-hole golf course as a part of The Hall House property in the 1920s. Built in 1931 with chestnut paneling on the main level. This property has been home, home occupation, B&B, and now is zoned B-4. This property has been in the same family since the town was incorporated and once took up the whole block. This is the only lot left of the original parcel and contains .92 ac+/-. The home of Margaret and Tudor Hall and their extended family lived here from 1931 until the early 1990s when The Chambers Agency moved their real estate and vacation rentals office. Tudor and Margaret had a real estate office in town and were charter members of the Highlands Board of Realtors in 1956. In the mid-1990s, the garage was renovated into a one-bedroom/one-bath apartment for Mrs. Hall, who up until that time ran a boutique B&B for her empty rooms upstairs. Those rooms became real estate offices and conference rooms and were converted in 2013 into two one-bedroom/one-bath apartments. All three are leased long-term to local workforce tenants. The main level has wood floors and is paneled with clear Chestnut as the home was built just as the Chestnut blight came through town. The main level has a small kitchenette, storage, full bath and 4 rooms (The former living area is partitioned to allow for the reception area.) The attic is floored in, runs the entire length of the house and has great storage. The basement has a dirt floor and the original locust post supports. This is a property full of memories for many local people. This house was built with nature in mind, with as few as possible trees disturbed. There is a large Oak, a Chestnut and an apple tree as well as several majestic pines planted by Isabel Chambers' grandmother,

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Commercial Active

Price

$ 3,600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Commercial Sale

Lot Size

0.92

Year Built

1931

Town/City

Highlands

County/Region

Macon

MLS | Web ID

103221

Features
General
Location Description Freestanding Other-See Remarks
Construction Wood Siding Other
Heating Baseboard Furnace Gas Hot Water Oil
Complex Name Hall House
Cooling None
Utilities Cable Available Electricity Connected Propane High Speed Internet
Features Inventory Not Included Living Space Available Reception Area
Roof Shingle
Water Public
Status Active Active
Year Built 1931
County Macon
Township Highlands
Fees Other-See Remarks
Access Paved Road
Financing Conventional
Area Highlands In-Town
City Limits 1
Virtual Tour tour.usamls.net/401-N-Fifth-Street-Highlands-NC-28741/unbranded
Listing Type Commercial Improved
Street Name N Fifth Street
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Exterior
Buildings 2
Sewer/Septic Private Sewer Public Sewer
Lot Dimensions .92
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Interior
Floor Covering Tile Vinyl Wall/Wall Carpet Wood
Restrooms 4
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Internal Only
OriginalMLSID 103221
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* Excluded Features
List By
O. Tucker Chambers

Listing Agent

Chambers Realty & Vacation Rentals

Broker

tucker@highlandsiscalling.com

Email

Affordability Calculator

$25,147
Per Month
100%
0%
0%
Monthly Principal & Interest
$25,147
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2785086 Elementary School
2785087 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/24/2023$3,600,000 Listed Price

Map


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401 N Fifth Street, Highlands, NC, 28741 is a Commercial Property for sale at $3,600,000 with a lot size of 0.92. 401 N Fifth Street is a studio with 0.0 baths and was built in 1931. The property's zip code is 28741 which is in Highlands, NC