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Historic Mixed-Use Building
For Sale
$1,532,000

37 S Main Street S, Mars Hill, NC 28754

Commercial space with restaurant infrastructure and upper-level residential occupancy.

Property Size4,800 SF
Price / SF$319.17
Days on Market203

Property Features for 37 S Main Street S

General Information

Standard status Active
Size 4,800 SF
Property subtype Commercial

Restaurant

Commercial Hood Yes
Equipment Included No

Additional Details

Furnished No

Building Details

Year Built 1900
Buildings 1
Stories 3
Listing Agency: Boone Realty
Listed By: Beth Boone · License #57030
Source: Techrealtyllc
Added: Jan 20 Changed: Aug 10 Last Checked: Aug 10 at 2:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Boone Realty

Investment Insights

Based on property information with market context.

Built in 1900, this 4,800-square-foot mixed-use building combines a commercial-level restaurant layout with residential space above. The commercial area features high ceilings, original tin tile detailing, hardwood floors, a custom bar, exhaust hood, and commercial sink. Restaurant equipment and furnishings are also present and may be purchased separately.

The property sits at the intersection of S Main Street and Carl Eller Road, adjacent to the Mars Hill University campus. The upper level is partially leased and partially owner occupied, with short-term rentals permitted. Its existing configuration supports a combination of commercial and residential occupancy within a historic downtown building.

Key Highlights

  • 4,800‑square‑foot mixed‑use building constructed in 1900
  • Commercial level includes original tin ceilings and hardwood floors
  • Restaurant infrastructure includes custom bar, exhaust hood, and commercial sink

Property Analytics

Current Use

Stackhouse Restaurant Restaurant

Suggested Use

Top Pick Building Supply Dental Office Electrical Service Storage Facility Big Box & Wholesale Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

270
Businesses Nearby

Demographics for 28754, NC

8,074
Population
4,460
Households
1.8
Avg Household Size
44
Median Age
32%
College-Educated
94%
High-School Grad
87.3 sq mi
ZIP Area
92
Density / Sq Mi
$68,750
Median Household Income
$39,029
Median Earnings
$841
Median Rent
$289,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial space with restaurant infrastructure and upper-level residential occupancy.
Where is this mixed-use property located?
The property is located at 37 S Main Street S Mars Hill, NC.
What is the asking price?
The asking price for this property is $1,532,000.
What are key features of this property?
This property features: 4,800‑square‑foot mixed‑use building constructed in 1900; Commercial level includes original tin ceilings and hardwood floors; Restaurant infrastructure includes custom bar, exhaust hood, and commercial sink
More about this property
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