Black Mountain, NC Conventional restaurants for sale

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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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Black Mountain, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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Mixed-Use Retail and Apartments

9-13 Broadway St., Asheville, NC 28801

$3,500,000

6,276 sqft

Fully leased historic property built in 1920, updated in 2024, with three ground-floor retail spaces and two apartments.

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Downtown Mixed-Use Commercial Building

31 Penland Street, Canton, NC 28716

$219,000

0.38 AC lot

Over 3,000 sf downtown commercial building with a flexible layout and ample on-site parking.

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Restaurant and Retail Property

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$2,699,000

Freestanding restaurant with retail shop, unfinished basement, and new HVAC, supported by about 40 paved parking spaces.

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Mixed-Use Asset on Pack Square

122 College Street, Asheville, NC 28801

$4,400,000

11,886 sqft

Turnkey mixed-use property with commercial income in place.

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Black Mountain, NC Conventional Restaurants Market Trends and Statistics

Explore 1 conventional restaurants for sale in Black Mountain, NC on our real estate platform. These investment opportunities span a total of 4,700 square feet of properties for sale, with an estimated market value of $985,000.

Sale prices for conventional restaurants in Black Mountain, NC start at $985,000, averaging $985,000, and reaching up to $985,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
28711	$1.1M

Neighborhood

Average Price

28711

$1.1M

Black Mountain, NC Conventional Restaurants for Sale

508 W State Street, Black Mountain, NC 28711