602 & 600 W State Street, Black Mountain, NC

$3,700,000

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4.22

Acres

About 602 & 600 W State Street

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.

Features of 602 & 600 W State Street

MLS® # 3820185
Price $3,700,000
Bathrooms 0.00
Acres 4.22
Year Built 1958
Type Commercial Sale
Sub-Type Commercial
Status Active

Community Information

Address 602 & 600 W State Street
City Black Mountain
County Buncombe
State NC
Zip Code 28711

Amenities

Utilities Cable Available,City Sewer,City Water,Electricity Available,Fiber Optics,Natural Gas Available,Telephone On-Site
Is Waterfront No
Has Pool No

Interior

Heating Other
Cooling Other
Fireplace No
# of Stories 1

Exterior

Roof Composition

Additional Information

Date Listed January 10th, 2022
Days on Market 10
Foreclosure No
Short Sale No

Listing Details

OfficeNAI Beverly-Hanks

Listing Map

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