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285 Mt Gilead Church RoadMills River, NC 28759Price: $2,500,000

  • Price: $2,500,000
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Federal 30-year interest rate: 6.52% last updated on Jun 11, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • $2,500,000List Price
  • 9,600Square Feet
  • 12.29Acreage
  • CAR4392193MLS Number
Discover an extraordinary mixed-use commercial property offering unmatched expansion potential for commercial use, eventing, or lifestyle development. This property is one of four tracts that combine natural beauty with strategic flexibility, making it ideal for users, investors, developers, or those seeking a private commercial or multi-purpose retreat. Building improvements on this 12.29 acre "portion of a much larger 40.69 acre site" include a 9,600 sf (clear-span) warehouse equipped with hydronic slab heat, air conditioning / suspended heat, generator and a detached 2,160 sf Morton barn. Subject to seller (timing) discretion, this property is offered individually as a stand-alone commercial property or, collectively with the whole 40.69 acres. Transformation of the warehouse into an event center, restaurant with dance hall, production/showroom, recreational space or dynamic learning facility would fit well with the surrounding landscape (subject to buyer confirm of any contemplated land use in light of the Town of Mills Rivers' potential adoption of a UDO). This 12.29 acre portion of the larger estate offers sweeping views of lush rolling pasture and distant mountain views while the remainder land is rich in natural beauty and offers significant open space for expansion under a wide range of mixed-use possibilities including boutique commercial spaces, an event venue, or a thoughtfully planned, well segmented mixed-use community! Adjacent tracts include those outlined on the attached Pricing Exhibit. You be the visionary! Combine or re-segment the land to achieve maximum utilization, enhance circulation and development flexibility! With multiple points of public and private access, western portions of the property are well-positioned for large estate residential development while eastern portions lay out well for production or a myriad of adaptive commercial or mixed use reuse. Intuitively, the western ~23 acres borders the established Mill Ridge subdivision, reinforcing its viability for residential expansion. Just minutes from the Asheville Regional Airport, blocks from the new Publix shopping center, and ¼ mile from Mills River retail and employment centers, this truly one-of-a-kind property offers a rare blend of scale, flexibility, and location! Whether you choose to utilize, expand, or reimagine this property, have confidence knowing a property of this caliber is rarely offered!

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Listed by Mark Morris of NAI Beverly-Hanks (markmorris@naibeverly-hanks.com)

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