103 Flat Creek Road Black Mountain, NC $ 2,349,000
103 Flat Creek Road
$ 2,349,000
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103 Flat Creek Road

Black Mountain, NC, 28711
$ 2,349,000
Baths0.0

Monthly Estimate*

$ 16,408

103 Flat Creek Road, Black Mountain, NC 28711 - Image 1
103 Flat Creek Road, Black Mountain, NC 28711 - Image 2
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103 Flat Creek Road, Black Mountain, NC 28711 - Image 11
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Studio

Commercial Property for sale in Black Mountain, NC

for $2,349,000. This building was built in 1964 on a lot size of 2.

Excellent investment opportunity combining four renovated cash flowing A-frame vacation rentals with the vacant land across totaling two acres just half a mile from Downtown Black Mountain. Neighborhood mixed use zoning allows for numerous options to increase the already excellent revenue stream. Seller has preliminary 10-lot subdivision on file w/ most due diligence already done on the land. Or, potential buyer can get creative with one of the many other residential or light commercial uses allowed for the land. The A-frame vacation rental properties are fully furnished and provisioned with hundreds of 5-star reviews on Airbnb -a super efficient turn-key business. It even includes a stocked supply shed and a service in place with a solar powered laundromat that picks up and delivers linens to make turnovers between guests a breeze. The property is walkable via greenway to town and just 1 mile from Lake Tomahawk. Property has endless potential in a growing and thriving mountain town.

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Commercial Active

Price

$ 2,349,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Special Purpose

Lot Size

2

Year Built

1964

Town/City

Black Mountain

County/Region

Buncombe

MLS | Web ID

4117885

Features
General
Sewer Public Sewer
Heating Ductless
Cooling Ductless
Utilities Cable Available Cable Connected Electricity Connected Wired Internet Available
Roof Metal
Appliances Dishwasher Electric Cooktop Electric Water Heater Exhaust Hood Microwave Refrigerator
Construction Materials Wood
Year Built 1964
Property SubType Special Purpose
Elevation 2000
Additional Parcels Description 061947899200000
County Buncombe
New Construction N
Property Type Commercial Sale
Directions From Asheville take I-40 East. Take Exit 64 to Black Mountain. Turn Left onto NC-9 North. Turn Right at 1st Cross Street onto Sutton Ave. Turn left onto S Ridgeway Ave. Turn Right onto E State Street
City Black Mountain
Total Units 4
Number of Units Leased 4
Street Name Flat Creek
Virtual Tour https://vimeo.com/869313801 https://www.youtube.com/watch?v=8gT7ROhBeK8
Standard Status Active
Construction Type Site Built
Restrictions Short Term Rental Allowed
Tax Assessed Value 801200
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Interior
Flooring Tile Vinyl
Street Suffix Road
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Exterior
Parking Features Driveway
Lot Features Level
Water Source City
Total Parking 4
Inclusions Building Business Equipment Fixtures Inventory Land
Lot Size Area 2
Foundation Details Slab
Number of Buildings 4
Road Surface Type Paved
Lot Size Units Acres
Road Responsibility Publicly Maintained Road
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Internal Only
Street Number 1 103
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* Excluded Features
List By
Mosaic Community Lifestyle Realty

Broker

Affordability Calculator

$16,408
Per Month
100%
0%
0%
Monthly Principal & Interest
$16,408
Monthly Property Taxes
--
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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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
3/13/2024$2,349,000 Listed Price

Map


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103 Flat Creek Road, Black Mountain, NC, 28711 is a Commercial Property for sale at $2,349,000 with a lot size of 2. 103 Flat Creek Road is a studio with 0.0 baths and was built in 1964. The property's zip code is 28711 which is in Black Mountain, NC