203 Martin Road Swannanoa, NC $ 2,500,000
203 Martin Road
$ 2,500,000
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203 Martin Road

Swannanoa, NC, 28778
$ 2,500,000
Baths0.0

Monthly Estimate*

$ 17,463

203 Martin Road, Swannanoa, NC 28778 - Image 1
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Studio

Commercial Property for sale in Swannanoa, NC

for $2,500,000. This building was built in 1949 on a lot size of 4.5.

Welcome to 203 Martin Road—4.5 acres of flat, level land in the heart of growing Swannanoa, North Carolina. Gorgeous property with incredible development potential. Scenic mountain views are available to the east, north, and west. Rectangular lot shape allows for various configurations of development. Topography is flat in every direction. R-3 zoning allows Level 1 Planned Unit Developments per approval from the Buncombe County Board of Adjustments (the BOA recently approved a 60-unit senior living development on the adjacent 1.8-acre property). Water, electric, and sewer utility are on site (the sewer is on a 4' line). The property offers convenience and immediate proximity to essential services, grocery stores, restaurants, manufacturers, and schools. A 985-square-foot home (built in 1949) and a mobile home are onsite with month-to-month leases. No value is placed on the structures. Property is available on an "as-is" basis.

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Commercial Active

Price

$ 2,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Unimproved Commercial

Lot Size

4.5

Year Built

1949

Town/City

Swannanoa

County/Region

Buncombe

MLS | Web ID

4052471

Features
Exterior
Inclusions N/A
Lot Size Area 4.5
Lot Size Units Acres
Road Responsibility Publicly Maintained Road
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General
Year Built 1949
Property SubType Unimproved Commercial
County Buncombe
New Construction N
Property Type Commercial Sale
Possible Use Development Multi-Family
Directions Located in the heart of growing Swannanoa NC the property at 203 Martin Road is approximately 11 miles from Downtown Asheville (15-minute drive) and 5.5 miles from Downtown Black Mountain (10-minute
City Swannanoa
Street Name Martin
Standard Status Active
Restrictions No Restrictions
Tax Assessed Value 234000
Virtual Tour https://youtu.be/Hed_ALykjTY
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Interior
Street Suffix Road
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Internal Only
Street Number 1 203
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* Excluded Features
List By
Whitney Commercial Real Estate

Broker

Affordability Calculator

$17,463
Per Month
100%
0%
0%
Monthly Principal & Interest
$17,463
Monthly Property Taxes
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Monthly Home Insurance
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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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
294628 Elementary School
294724 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/21/2023$2,500,000 Listed Price

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203 Martin Road, Swannanoa, NC, 28778 is a Commercial Property for sale at $2,500,000 with a lot size of 4.5. 203 Martin Road is a studio with 0.0 baths and was built in 1949. The property's zip code is 28778 which is in Swannanoa, NC