Building Details

Year Built 1849

Buildings 2

Listing Agency: French Broad Real Estate Co. Show Phone

Listed By: Ann Harold · License #264271 Show Phone

Source: Colfaxhomeandlandwnc

Added: Sep 24 Changed: Nov 3 Last Checked: Nov 4 at 6:26AM

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Investment Insights

Based on property information with market context.

The Allen House is a live-work property in Downtown Marshall, with a separate guest cottage dating to circa 1850. The main house, built circa 1849, underwent a full renovation and gained an approximately 1,000-square-foot addition. Improvements include new windows, HVAC, plumbing, downstairs hardwood floors, updated porches, and a kitchen addition with commercial-grade appliances and a sunroom dining area. Seven fireplaces remain, with gas lines installed for future gas logs. The cottage has one bedroom, a small kitchen, and a bathroom.

The property is listed on the National Historic Registry at 39 S Main Street, on the French Broad River. Downtown Asheville is approximately 30 minutes north. During Helene, water entered the first story of the main house and receded quickly; the cottage was not affected.

Key Highlights

• Main house dates to circa 1849 and is listed on the National Historic Registry
• Separate circa 1850 guest cottage with one bedroom, a small kitchen, and a bathroom
• Approximately 1,000‑square‑foot addition to the main house

Property Analytics

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Open Analytics

Current Use

Milkhouse Arts Art Studio

Suggested Use

Top Pick Building Supply Dental Office Auto Parts Store Big Box & Wholesale Store Plumbing Service HVAC 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.

Location Intelligence

Trade Area within ½ mile

201

Businesses Nearby

Explore this area Business Placement

Demographics for 28753, NC

11,321

Population

5,381

Households

2.1

Avg Household Size

45

Median Age

31%

College-Educated

88%

High-School Grad

257.6 sq mi

ZIP Area

44

Density / Sq Mi

$56,172

Median Household Income

$38,421

Median Earnings

$711

Median Rent

$246,700

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

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Frequently Asked Questions

What type of property is this?

Live-work space - A renovated Main Street residence pairs flexible business potential with a separate one-bedroom cottage.

Where is this live-work space located?

The property is located at 39 S Main Street Marshall, NC.

What is the asking price?

The asking price for this property is $1,395,000.

What are key features of this property?

This property features: Main house dates to circa 1849 and is listed on the National Historic Registry; Separate circa 1850 guest cottage with one bedroom, a small kitchen, and a bathroom; Approximately 1,000‑square‑foot addition to the main house