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    Live-Work Light Commercial Home Title is generated by Realmo AI

    46 Vance Avenue, Black Mountain, NC 28711

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    Claim this Listing
    For Sale
    $445,000

    SINGLE_FAMILY - Black Mountain, NC

    Type:Office
    Property size:
    1,450 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $306/SF
    Added:
    May 20, 2026
    Days on Market:
    48
    Last Refresh:
    Jul 6 at 5:06 pm

    Property Features for 46 Vance Avenue

    General Information

    Property type
    Residential
    Property subtype
    Office
    Property condition
    Under Construction
    Zoning
    NMU
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2
    Parking features
    Driveway
    Window features
    Insulated Windows
    Patio and Porch features
    Porch, Deck
    Appliances
    Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Plumbed For Ice Maker, Refrigerator with Ice Maker
    Standard status
    Active
    APN
    061924875100000
    Lot size
    0.14 Acres

    Taxes and HOA fees

    Tax Description
    6472/1644

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating), Central
    Cooling system
    Heat Pump, Ceiling Fan(s), Central Air

    Building Details

    Year built
    2026
    Floors in Building
    2
    Number of units
    1
    Flooring type
    Vinyl
    Building materials
    Block, Vinyl
    Roof type
    Shingle

    We can help!

    Contact an agent
    Bill Johnson

    Listing agent Bill Johnson License #191716

    Listing office Keller Williams Professionals 48 Grove St, asheville, NC

    Listing date May 20, 2026

    MLS# 4384247

    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.

    HighLights

    • New construction (2026) 3‑bedroom, 2.5‑bath home with over 1,450 SF and crawlspace storage underneath
    • Zoning allows light commercial uses such as attorney’s offices, accountants, and home business; STRs also allowed
    • Enjoy porch and deck with 180‑degree year‑round views from the back porch
    • Kitchen appliance package includes dishwasher, disposal, microwave, refrigerator with ice maker, and electric oven/range
    • HVAC includes central air with heat pump; ceiling fans included
    • Utilities include public sewer; roof is shingle and parking is a driveway

    Overview

    This property is a newly built single-family home built by Noble Carpentry Inc., offered as part of a two-business-venture opportunity and including the land and buildings. The home features 3 bedrooms and 2.5 bathrooms, with crawlspace storage underneath. A standard one-year builder warranty is included.

    Zoned NMU, the property supports light commercial usage such as attorney’s offices, accountants, and home businesses, and it also allows STRs, according to the listing remarks. The home is positioned within 500 steps of the center of downtown Black Mountain, offering an easy walk to town amenities. The back porch is described as providing 180-degree views year-round.

    For the right owner-operator, this layout can support either residential living or an NMU-compliant light commercial setup, including an at-home professional business or an STR use as permitted by zoning. With bedrooms and bath count suited for a residence, plus dedicated space that may fit home business operations, it’s designed to serve more than one purpose under the property’s NMU zoning framework.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $36.7k $25.32
    − Vacancy −$844 −$0.58
    EGI $35.9k $24.74
    − OpEx −$9.0k −$6.18
    NOI $26.9k $18.55
    1,450 SF · lease $25.32/SF/yr · vacancy 2.30% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $384.3K
    $336.3K – $448.4K (±1% cap)
    NOI $26,902 @ 7.0% cap · market cap 6.05%
    Second Best
    Mixed Use
    $221.4K
    $193.7K – $258.3K (±1% cap)
    NOI $15,497 @ 7.0% cap · market cap 3.48%
    Theoretical Best
    Office A
    $458.5K
    $401.2K – $534.9K (±1% cap)
    NOI $32,096 @ 7.0% cap · market cap 7.21%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Live-work space

    Suggested Use

    Dental Office Barber Shop Parking Lot & Garage Electronics & Wireless Store (Bike/Boat/Book/etc) Store HVAC Service Home Appliance Store Car Rental Facility Carpet & Flooring Store Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Black Mountain
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.3219252
    Latitude
    35.61346

    FAQs

    What type of property is this?
    Live-work space - Zoned NMU for light commercial use and STRs, with 3 bedrooms and year-round views from the back porch.
    Where is this live-work space located?
    The property is located at 46 Vance Avenue Black Mountain, NC.
    What is the asking price?
    The asking price for this property is $445,000.
    What are key features of this property?
    This property features: New construction (2026) 3‑bedroom, 2.5‑bath home with over 1,450 SF and crawlspace storage underneath; Zoning allows light commercial uses such as attorney’s offices, accountants, and home business; STRs also allowed; Enjoy porch and deck with 180‑degree year‑round views from the back porch
    More about this property
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