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    Mixed-use properties

    626 Old Lytle Cove Rd Swannanoa, NC 28778

    2,586 SF Built 2002
    Property ID
    US53-3940286
    626 Old Lytle Cove Rd, Swannanoa, NC 28778 For Sale 1 / 48
    $745,000 2,586 SF
    626 Old Lytle Cove Rd, Swannanoa, NC 28778
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    AI-generated overview

    Versatile Investment Property with High Visibility and Prime Location in Swannanoa Rare opportunity to own a multi-use property with back frontage on I-40 and arterial access to the busy US-70 corridor. Ideally located between Black Mountain and Swannanoa’s growing commercial and retail districts. Zoned BC-EMP, this property offers flexibility for a variety of commercial, retail, or mixed-use applications. The site currently features a retail showroom and two furnished vacation rental—most furnishings in STRs convey. The lot previously hosted two mobile homes; one pad remain in place- fully graded. A two-story ADU (vanilla shell) and a detached storage shed are also on-site. Large parking area with RV spot. Traffic count 13,000 VPD on US-70 and 35,000 VPD on I-40, yet topo creates for less noise. Whether you’re looking to expand business, develop additional units, or hold for future appreciation, this property is a strategic buy in a thriving area. Res MLS 4276600 LEASE Option!

    Property profile
    Verified
    Property type Mixed-use properties
    Year built 2002
    Total area 2,586 SF
    UPID US53-3940286
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
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    626 Old Lytle Cove Rd, Swannanoa, NC, 28778
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