48 Biltmore AvenueAsheville, NC 28801MLS Number 3350562

  • Price: $3,800,000
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Federal 30-year interest rate: 3.94% last updated on Dec 21, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • 0.1Acreage
  • 1925Year Built
  • 13094Square Feet

Prime Downtown Asheville Location. Rare opportunity for commercial investment along with residential condo. Building is fully updated and excellently maintained. All mechanicals updated and building is fully sprinkled. The building's main tenant, Chestnut, is a very well-known and highly successful restaurant. The restaurant and bar occupies the main street level space on Biltmore Avenue, and the new full commercial kitchen is in the basement. The second level offers an expansive open floor plan with skylights, original heart pine flooring, insulated windows at front and back of space, and walkout rooftop area. Roof is fully accessible featuring wood deck, an additional living space with bath, kitchenette, and panoramic downtown views. Additional access at rear alley. Parcel #s 9648-49-5679-C0001, 9648-49-5679-C0002 and 9648-49-5679-00000.

Listed by Ryan Israel of Ellington Realty Group

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More Info

Basic Information

  • Broker IDNCM33910
  • List Price$3,800,000
  • ListingBoardIDAsheville Board of Realtors
  • StatusSHOW
  • Broker NameEllington Realty Group
  • MLS Number3350562

Interior

  • FeaturesDisplay Window, Fire/Smoke Alarm, Security System

Location

  • CountyBuncombe
  • StateNC
  • StreetBiltmore
  • Building Number48
  • Zip28801
  • TownAsheville
  • DirectionsBiltmore Avenue in downtown Asheville.

Utilities

  • HeatingCentral, Electric, Gas

Amenities

  • CoolingCentral

Photos

  • Number of Photos25
  • DatePhoto2018-01-30T14:12:16

Building

  • Square Feet13094
  • RoofBuilt-Up
  • ConstructionBrick
  • ConstructionTypeSite Built

Property

  • VOW1
  • Units1
  • Parking Spaces
  • Acreage0.1
  • Property Sub TypeFood Service
  • Property TypeCommercial

Other

  • Year Built1925
  • Access FeaturesCity Street, Paved Road
  • Modification Date04/05/2018
  • View Count6

Driving Directions

Mosaic Community Lifestyle Realty
Office: 828-707-9556
60 Biltmore Avenue #210
Asheville, NC 28801

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