Black Mountain, NC Commercial Real Estate for Sale

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Robbinsville, NC Montreat, NC Swannanoa, NC

22 properties

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Updated: Mar 6

Black Mountain Investment Opportunity

508 W State Street, Black Mountain, NC 28711

$985,000

4,700 sqft · 0.95 AC lot

Fantastic location walking distance to downtown Black Mountain.
Highway business zoning allows for many commercial uses.
Over 4700 sqft on a .95 acre lot.
Over 230' of road frontage on W. State St. (Old US Hwy 70).
New wiring and new HVAC system.

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This listing looks promising.

Here's a quick look at some key insights for

508 W State Street, Black Mountain, NC 28711

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Est. Cap Rate

6.7%
Above avg (5.9%)
Est. NOI

$66K
Annual
Mortgage

$135K
Recorded
Property Type

Restaurant
Built 1945

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Updated: Jun 16

Open Use Acreage Tract

999 Miller Cove Road, Black Mountain, NC 28711

$159,900

9.19 AC lot

9.19‑acre property in Black Mountain, NC
Zoned Open Use for versatile use possibilities
Water source: well needed
Sewer: septic needed
Easy access to Downtown Black Mountain, Interstate 40, and the Asheville area

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Commercial Land Site at Downtown Entrance

11 Terry Estate Drive, Black Mountain, NC 28711

$475,000

0.30 AC lot

Level 0.30-acre site with strong Highway 9 visibility, suited for medical, veterinary, or dental development.

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Live-Work Light Commercial Home

46 Vance Avenue, Black Mountain, NC 28711

$445,000

0.14 AC lot

Zoned NMU for light commercial use and STRs, with 3 bedrooms and year-round views from the back porch.

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Farmhouse on Picturesque Black Mountain Acres

2380 Old Fort Road, Black Mountain, NC 28711

$950,000

37.71 AC lot

Rustic farmhouse on 37 acres with development potential.

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Former Walgreens with Drive-Thru

510 NC Hwy 9, Black Mountain, NC

$799,000

2,010 sqft · 0.37 AC lot

Drive-thru space at signalized corner near Ingles grocery store.

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Black Mountain Investment Opportunity

508 W State Street, Black Mountain, NC 28711

$985,000

4,700 sqft · 0.95 AC lot

Highway business zoned property near downtown Black Mountain.

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Fully Leased Retail Center

2 E Market Street, Black Mountain, NC 28711

$2,990,000

Neighborhood retail center in the Village of Cheshire.

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O'Reilly Auto Parts Investment

507 W State St, Black Mountain, NC 28711

$925,000

6,300 sqft · 1.08 AC lot

Single-tenant net lease with creditworthy tenant in Black Mountain, NC.

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Stabilized Self-Storage Asset For Sale

440 E State Street, Black Mountain, NC 28711

$1,800,000

20,095 sqft

Fully occupied self-storage facility in Black Mountain, NC.

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Black Mountain Vacation Cabins For Sale

5 Chaucer Road, Black Mountain, NC 28711

$1,900,000

2.24 AC lot

Six craftsman-style vacation cabins near Asheville and Black Mountain.

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Commercial Land For Sale

440 E State Street, Black Mountain, NC 28711

$1,800,000

Commercial land available across from Tractor Supply Store.

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Fully Leased Retail Center

2-10 East Market Street, Black Mountain, NC 28711

$2,550,000

Neighborhood retail center in Black Mountain's Village of Cheshire.

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Black Mountain Redevelopment Opportunity

701 Nc Highway 9, Black Mountain, NC 28711

$1,950,000

2.02 AC lot

Two assembled sites for investment, use, or redevelopment near I-26.

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8-Acre Creekfront Agricultural Land

276 Cedar Creek Road, Black Mountain, NC 28711

$320,000

8.00 AC lot

Secluded 8-acre parcel with creekfront, spring, and established fruit trees.

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Restaurant/Bar with Redevelopment Potential

141 S Ridgeway Boulevard, Black Mountain, NC 28711

$2,690,000

Fully furnished restaurant/bar with redevelopment potential in Black Mountain.

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Black Mountain Commercial Opportunity

46 Vance Avenue, Black Mountain, NC 28711

$445,000

1,452 sqft

Commercial property near downtown Black Mountain with STR potential.

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Historic Black Mountain Inn Opportunity

1186 Old US 70 Highway, Black Mountain, NC 28711

$1,400,000

4,703 sqft

Historic 1830 inn on 2.24 acres in Black Mountain.

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Large Development Site Near Asheville

195 Access Road, Black Mountain, NC 28711

$13,500,000

150.00 AC lot

150-acre development site with interstate frontage in Western North Carolina.

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Black Mountain Industrial Land Opportunity

865 Blue Ridge Road, Black Mountain, NC 28711

$6,000,000

48.00 AC lot

48-acre light industrial site near future I-40 interchange.

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Charming Victorian Inn & Restaurant

136 N Dougherty Street, Black Mountain, NC 28711

$3,100,000

Victorian-style inn with restaurant in the heart of Black Mountain.

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Historic Red Rocker Inn

136 N Dougherty St, Black Mountain, NC 28711

$2,995,000

11,576 sqft

Charming bed and breakfast in the Blue Ridge Mountains.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Black Mountain, NC, we suggest to view alternatives - similar 50 Off-Market properties to explore as potential leads.

Off-Market Properties in Black Mountain, NC

Consider similar Off-Market properties in Black Mountain, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

HOMES (RETIRED, NURSING)

611 Old Us Hwy 70th E, Black Mountain, NC 28711-9488

$22,750,000

Estimated value

45,728 sqft · 7.29 AC lot

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OFFICE BUILDING

104 Church St, Black Mountain, NC 28711-3302

Value Estimation by Request

1,909 sqft · 0.07 AC lot

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Black Mountain, NC Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Black Mountain, NC, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 43,960 square feet of properties for sale, with an estimated market value of $7,519,000.

Sale prices for business properties in Black Mountain, NC start at $475,000, averaging $1,074,142, and reaching up to $1,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 13K

Population Growth (5Y) -6.1%

Median Household Income $69,177

College Educated 77.1%

High-Yield Neighborhoods for Investment

Identify Black Mountain submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
28711	$2.2M

Taxes & Financing

Tax Rate (average for all types) 0.81%

Property Tax per SF $11.17 per SF

Tax Rate vs County Average 0.06 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Buncombe County

New Delisted

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