Building Details

Year Built 1900

Listing Agency: Boone Realty b***@aol.com Show Phone

Listed By: Beth Boone · License #57030

Source: Techrealtyllc

Added: Dec 30, 2025 Changed: Aug 11 Last Checked: Aug 11 at 2:43PM

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Investment Insights

Based on property information with market context.

Built in 1900, this historic restaurant property offers a distinctive setting with high ceilings, original pressed-tin detailing, and hardwood flooring. The interior includes a custom bar, exhaust hood, and commercial sink. Additional restaurant equipment and furnishings remain on site and are available for separate purchase.

The building occupies the intersection of Main Street and Carl Eller Road, directly beside the Mars Hill University Campus in downtown Mars Hill. A partially finished basement is included with the lease but is excluded from the stated property-size calculation. The space can accommodate restaurant-oriented concepts such as fine dining, a wine bar, gourmet deli, pub, or music hall, subject to applicable approvals.

Key Highlights

• Historic building constructed in 1900
• Adjacent to Mars Hill University Campus in downtown Mars Hill
• Original tin ceiling tiles and hardwood floors

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

NNN (Triple Net)

Lease Type

$2.70 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

270

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

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 Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Existing bar, exhaust hood, and commercial sink support food-service operations in a downtown setting.

Where is this conventional restaurant located?

The property is located at 37 S Main Street S Mars Hill, NC.

What is the lease rate?

The lease rate is $2,400/Mo.

What are key features of this property?

This property features: Historic building constructed in 1900; Adjacent to Mars Hill University Campus in downtown Mars Hill; Original tin ceiling tiles and hardwood floors