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173 E Chestnut Street Asheville, NC 28801

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For Sale
$4,500,000

SINGLE_FAMILY - Asheville, NC

Type:Office
Property size:
4,500 SF
Lot size:
0.68 Acres
Added:
Feb 23, 2026
Days on Market:
36
Last Refresh:
Mar 31 at 4:06 pm

Property Features for 173 E Chestnut Street

General Information

Property type
Residential
Property subtype
Office
Bathrooms
7
Rooms
Bathroom 4, Bathroom 7, Bathroom 5, Bathroom 1, Bathroom 3, Basement, Bathroom 2, Bathroom 6
Basement
Unfinished
Standard status
Active
APN
9649-43-9135-00000
Size
4,500 SF
Lot size
0.68 Acres

Taxes and HOA fees

TaxDescription
DEED DATE: 2022-06-13 DEED: 6229-732 SUBDIV: BLOCK: LOT: SECTION: PLAT: 0227-0158

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1889
Number of units
14
Flooring type
Wood
Building materials
Wood
Roof type
Composition

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Listing Contact
Jay Lurie
Jay Lurie

Listing agent Jay Lurie License #192865

Listing office The Real Estate Center 159 South Lexington Avenue, Asheville, NC

Listing date Feb 23, 2026

MLS# 4303292

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Asheville Bed and Breakfast Opportunity

Located just a few blocks from downtown Asheville on East Chestnut Street, this property offers immediate income potential and long-term versatility. Originally built in 1889, the 4,500+/- square foot building is currently operating as a bed and breakfast. The property is zoned Office, with the bed and breakfast use being grandfathered in. The flexible interior space is suitable for continued hospitality use, a boutique inn, professional office conversion, gallery, or creative workspace. The location provides walkability, visibility, and year-round demand, with proximity to restaurants, retail, hotels, and entertainment venues. Easy access to parking, public transit, and major thoroughfares enhances its value. Situated on a 0.68-acre lot, this property is suitable for an owner-operator, investor, or future repositioning. It combines historic character with income potential in a desirable downtown corridor.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Blind Tiger Asheville Hotel & Motel

Suggested Use

Restaurant Real Estate Agency Dental Office Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Daycare Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

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  • The Vester at Asheville 51 Martin Luther King Jr Dr, Asheville, NC 28801
  • Biltmore Loft & Studio 39 Biltmore Ave, Asheville, NC 28801

Location Insight

  • Map
  • Local Demand
City
Asheville
County
Buncombe
State
North Carolina
Longitude
-82.550076
Latitude
35.602702

FAQs

What type of property is this?
Bed & breakfast - Historic property near downtown Asheville with income potential.
Where is this bed & breakfast located?
The property is located at 173 E Chestnut Street Asheville, NC.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Prime downtown Asheville location on East Chestnut Street, offering exceptional walkability and visibility.; Substantial 4,500+\/- sq ft property with immediate income potential as an operating bed and breakfast.; Flexible Office zoning (B&B grandfathered) allows for diverse uses: hospitality, office, gallery, or creative workspace.
More about this property
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