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Stabilized Self-Storage Asset For Sale

440 E State Street, Black Mountain, NC 28711

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For Sale

$1,800,000

Fully occupied self-storage facility in Black Mountain, NC.

Type:Commercial

Property size:

20,095 SF

Price / SF:

$89/SF

HighLights

100% Occupancy: Provides immediate in‑place cash flow.
Below Replacement Cost: Offered at an attractive entry point of approximately $90/SF.
Value‑Add Potential: Opportunity for strategic rent increases due to below‑market rates.
Expansion Potential: Possibility for future expansion of approximately 1,000–2,000 NRSF.
Prime Location: Positioned along highly accessible E State Street with strong visibility and proximity to downtown Black Mountain and Asheville.
Stabilized Asset: Fully stabilized self‑storage asset in a sought‑after market.

We can help!

Listing Contact

AARON PALMER

Learn more

For Sale

$1,800,000

Fully occupied self-storage facility in Black Mountain, NC.

Type:Commercial

Property size:

20,095 SF

Price / SF:

$89/SF

Added:: Apr 1, 2026
Days on Market:: 73
Last Refresh:: Apr 1 at 8:08 pm

Property Features for 440 E State Street

General Information

Standard status: Active
Size: 20,095 SF
Property subtype: Commercial

Building Details

Year Built: 1994

We can help!

Listing Contact

AARON PALMER

Listing agent AARON PALMER

Listing office CENTURY 21 CONNECTED

Listing date Apr 1, 2026

Source Corcoran

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 CENTURY 21 CONNECTED

HighLights

100% Occupancy: Provides immediate in‑place cash flow.
Below Replacement Cost: Offered at an attractive entry point of approximately $90/SF.
Value‑Add Potential: Opportunity for strategic rent increases due to below‑market rates.
Expansion Potential: Possibility for future expansion of approximately 1,000–2,000 NRSF.
Prime Location: Positioned along highly accessible E State Street with strong visibility and proximity to downtown Black Mountain and Asheville.
Stabilized Asset: Fully stabilized self‑storage asset in a sought‑after market.

Overview

The property at 440 E State St, Black Mountain, NC, presents an opportunity to acquire a stabilized self-storage asset. Constructed in 1994, this facility spans 20,095 square feet and comprises 182 units, currently operating at 100% occupancy. The location on E State Street provides high visibility and accessibility, with convenient access to downtown Black Mountain and Asheville. The property generates approximately $204,000 in annual gross revenue. The offering includes the possibility for future expansion of approximately 1,000–2,000 NRSF. The property is positioned in a sought-after market in Western North Carolina.

Location Intelligence

Current Use by Public Records

Black Mountain Mini ... Warehouse & Storage

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Location Insight

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Local Demand

City: Black Mountain
County: Buncombe
State: North Carolina
Longitude: -82.3158325
Latitude: 35.61957

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For sale
Self storage facilities
NC
Black Mountain
28711
440 E State Street

What type of property is this?

Self storage facility - Fully occupied self-storage facility in Black Mountain, NC.

Where is this self storage facility located?

The property is located at 440 E State Street Black Mountain, NC.

What is the asking price?

The asking price for this property is $1,800,000.

What are key features of this property?

This property features: 100% Occupancy: Provides immediate in‑place cash flow.; Below Replacement Cost: Offered at an attractive entry point of approximately $90/SF.; Value‑Add Potential: Opportunity for strategic rent increases due to below‑market rates.