1100-1104 Montreat Road, Black Mountain, NC 28711

$825,000
3
BA

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List Price
$825,000
MLS#
4366364
Status
ACTIVE
Property Type
Commercial Sale
Year Built
1946
Days on Market
53
Bathrooms
3
Lot Size
43,560
Lot Size Area
1
County
Buncombe

Property Description

Save a little of Black Mountain History with a legacy project. Iconic and historic 1946 concrete block building apr 12,011 square feet under roof consisting of two floors with ground-level loading access on both floors and apx .25 acres of wrap-around concrete drive for access and loading. Originally a community grocery store, it has a rich history and was designated a bomb shelter during the Cold War. Current owners have had a metal-working shop there for 40+ years and have a grandfathered right to pass Light Manufacturing use on to next owner. There is currently a month-to-month lease with subtenant in place. Thick concrete walls built in "post and beam" construction, 4" cork insulation between floors, 2 chain joist systems, plenty of storage and workspace. The sale includes the additional property next door with a single-family home in need of complete renovation for a combined size of 1 acre MOL. UR8 Zoning on lot with the house/Grandfathered usage with UR8 zoning on lot with Machine Shop. Both lots sold together. This project will require upfitting for most new uses.

Additional Information

Foundation
Basement
Heating
Wall Furnace
Water
City
Sewer
Public Sewer
Exterior Construction
Block, Concrete, Frame, Hard Stucco
Roof
Built-Up, Flat, Rubber, Wood Joists
Parking
Driveway, On Street, Parking Lot
Driveway
Paved
Lot Description
Cleared, Corner Lot, Infill Lot, Level, Open Lot, Paved
Special Conditions
None

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Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of EXP Realty LLC. robin@robincape.com

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