48 Biltmore AvenueAsheville, NC 28801MLS Number 3350562

  • Sale Price: $3,200,000
  • 139 Days Since Sale
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Federal 30-year interest rate: 4.85% last updated on Oct 18, 2018
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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

Listing Sold by Ellington Realty Group

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More Info

Parking

  • Parking Spaces

Building

  • Year Built1925
  • ConstructionBrick
  • ConstructionTypeSite Built
  • Units1
  • Square Feet13094

Property

  • Acreage0.1
  • VOW1

Exterior

  • RoofBuilt-Up

Basic Information

  • StatusSLD
  • Broker IDNCM33910
  • Property TypeCommercial
  • Property Sub TypeFood Service
  • List Price$3,800,000
  • Sale Price$3,200,000
  • Sale Date2018-06-04T00:00:00
  • Broker NameEllington Realty Group
  • ListingBoardIDAsheville Board of Realtors
  • MLS Number3350562

Amenities

  • CoolingCentral

Other

  • Modification Date06/05/2018
  • View Count17

Location

  • Building Number48
  • StreetBiltmore Avenue
  • TownAsheville
  • StateNC
  • Zip28801
  • CountyBuncombe
  • Access FeaturesCity Street, Paved Road
  • DirectionsBiltmore Avenue in downtown Asheville.

Interior

  • FeaturesDisplay Window, Fire/Smoke Alarm, Security System

Utilities

  • HeatingCentral, Electric, Gas

Photos

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

Driving Directions

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

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