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    Black Mountain, NC
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    Black Mountain, NC Restaurants for Sale

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    Taos Ski Valley, NM Nebo, NC Robbinsville, NC Montreat, NC Swannanoa, NC Fairview, NC Old Fort, NC Asheville, NC
    Black Mountain Investment Opportunity
    Updated: Mar 6
    Black Mountain Investment Opportunity

    508 W State Street, Black Mountain, NC 28711

    $985,000
    4,700 sqft 0.95 AC lot
    Fantastic location walking distance to downtown Black Mountain.
    Highway business zoning allows for many commercial uses.
    Over 4700 sqft on a .95 acre lot.
    Over 230' of road frontage on W. State St. (Old US Hwy 70).
    New wiring and new HVAC system.**
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    This listing looks promising.

    Here's a quick look at some key insights for

    508 W State Street, Black Mountain, NC 28711

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    • Est. Cap Rate

      6.7%
      Above avg (5.9%)

    • Est. NOI

      $66K
      Annual

    • Price @ 7% Cap

      $939K
      Suggested

    • Property Type

      Restaurant
      Built 1945
    View Property Analytics
    Garden Center Property with Covered Event Space
    Updated: Aug 30
    Garden Center Property with Covered Event Space

    204 Black Mountain Avenue, Black Mountain, NC 28711

    $695,000
    0.38 AC lot
    0.38‑acre site in Downtown Black Mountain
    Three separate structures with expansive covered outdoor space
    Built‑in stage for live music and events
    Fully insulated primary building with heating and cooling
    Directly next to Town of Black Mountain parking
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    Former Walgreens with Drive-Thru
    Former Walgreens with Drive-Thru

    510 NC Hwy 9, Black Mountain, NC

    Contact for pricing
    2,010 sqft 0.37 AC lot

    Drive-thru space at signalized corner near Ingles grocery store.

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    Based on your search, we've compiled 38 Potential Opportunities for your consideration. Besides 3 Active listings in Black Mountain, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 27 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Conventional Restaurant Building
    Conventional Restaurant Building

    1297 Tunnel Road, Asheville, NC 28805

    $750,000
    3,404 sqft

    HB-zoned restaurant property with direct frontage on Tunnel Road and access to Interstate 240 and Interstate 40.

    View details
    Mixed-Use Retail and Residential
    Mixed-Use Retail and Residential

    330 Sweeten Creek Road, Asheville, NC 28803

    $750,000
    1,959 sqft

    Ground-level coffee shop retail with a separately accessed upstairs short-term rental unit, plus dedicated parking and billboard income.

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    Interior-Corridor Resort with Water Park
    Interior-Corridor Resort with Water Park

    201A Sugarloaf Rd, Hendersonville, NC 28792

    Contact for pricing
    62,977 sqft 3.74 AC lot

    Turn-key full-service resort with a 12,000-square-foot indoor water park, fitness center, dining, and event space.

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    Drive-Through Restaurant with Seating
    Drive-Through Restaurant with Seating

    59 Highlands Square Drive, Hendersonville, NC 28792

    Contact for pricing

    Fully equipped restaurant sale includes furniture, fixtures, equipment, drive-through window, and possible outside seating.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Northridge Commons Outparcel Land For Sale
    Northridge Commons Outparcel Land For Sale

    99999 Northridge Commons Parkway Unit 1, Weaverville, NC 28787

    $1,500,000
    4.53 AC lot

    4.53 acre commercial land adjacent to national retailers.

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    Arden Commercial Land for Sale
    Arden Commercial Land for Sale

    99999 Airport Road, Arden, NC 28704

    $2,400,000
    7.57 AC lot

    7.57 acre commercial land available near Airport Road.

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    C-2 Commercial Land
    C-2 Commercial Land

    2462 Sugar Hill Road, Marion, NC 28752

    $525,000
    0.48 AC lot

    Corner parcel with dual-road access and C-2 zoning.

    View details
    Commercial Land with Utilities
    Commercial Land with Utilities

    2390 Sugar Hill Road, Marion, NC 28752

    $2,399,000
    2.40 AC lot

    Mostly level development land with city water and sewer available at the site.

    View details

    Off-Market Properties in Black Mountain, NC

    Consider similar Off-Market properties in Black Mountain, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    203 State St
    RESTAURANT

    203 State St, Black Mountain, NC 28711-3408

    $495,000
    Estimated value
    1,260 sqft 0.03 AC lot
    View details
    227 State St
    RESTAURANT

    227 State St, Black Mountain, NC 28711-3408

    $305,000
    Estimated value
    3,252 sqft 0.20 AC lot
    View details
    250 Nc Hwy 9th 9
    RESTAURANT

    250 Nc Hwy 9th 9, Black Mountain, NC 28711-3435

    $475,000
    Estimated value
    2,766 sqft 0.84 AC lot
    View details
    400 State St
    RESTAURANT

    400 State St, Black Mountain, NC 28711-3520

    $800,000
    Estimated value
    4,200 sqft 0.50 AC lot
    View details
    128 Broadway St
    RESTAURANT

    128 Broadway St, Black Mountain, NC 28711-3423

    $1,110,000
    Estimated value
    8,079 sqft 0.18 AC lot
    View details
    120 Broadway St
    RESTAURANT

    120 Broadway St, Black Mountain, NC 28711-3423

    $730,000
    Estimated value
    3,118 sqft 0.31 AC lot
    View details
    502 State St
    RESTAURANT

    502 State St, Black Mountain, NC 28711-2746

    $540,000
    Estimated value
    2,210 sqft 0.68 AC lot
    View details
    114 State St
    RESTAURANT

    114 State St, Black Mountain, NC 28711-3523

    $285,000
    Estimated value
    2,185 sqft 0.21 AC lot
    View details
    141 Richardson Blvd
    BAR, TAVERN

    141 Richardson Blvd, Black Mountain, NC 28711-3526

    $615,000
    Estimated value
    8,868 sqft 1.09 AC lot
    View details
    401 State St
    RESTAURANT

    401 State St, Black Mountain, NC 28711-3518

    $425,000
    Estimated value
    3,489 sqft 1.03 AC lot
    View details
    100 Ridgeway Ave
    RESTAURANT

    100 Ridgeway Ave, Black Mountain, NC 28711-3511

    $275,000
    Estimated value
    1,959 sqft 0.11 AC lot
    View details
    701 Nc Hwy 9th 9
    RESTAURANT

    701 Nc Hwy 9th 9, Black Mountain, NC 28711-3825

    $590,000
    Estimated value
    4,780 sqft 1.33 AC lot
    View details
    102 Church St
    RESTAURANT

    102 Church St, Black Mountain, NC 28711-3302

    $465,000
    Estimated value
    3,345 sqft 0.15 AC lot
    View details
    404 State St
    RESTAURANT

    404 State St, Black Mountain, NC 28711-3519

    $265,000
    Estimated value
    2,172 sqft 0.15 AC lot
    View details
    530 Nc Hwy 9th 9
    DRIVE-THRU RESTAURANT, FAST FOOD

    530 Nc Hwy 9th 9, Black Mountain, NC 28711-3829

    $460,000
    Estimated value
    1,731 sqft 0.72 AC lot
    View details
    405 State St
    TAKE-OUT RESTAURANT

    405 State St, Black Mountain, NC 28711-3344

    $315,000
    Estimated value
    852 sqft 0.41 AC lot
    View details
    306 State St
    RESTAURANT

    306 State St, Black Mountain, NC 28711-3517

    $410,000
    Estimated value
    2,832 sqft 0.36 AC lot
    View details
    203 State St
    RESTAURANT

    203 State St, Black Mountain, NC 28711-3524

    $550,000
    Estimated value
    3,149 sqft 0.40 AC lot
    View details
    581 Nc Hwy 9th 9
    RESTAURANT

    581 Nc Hwy 9th 9, Black Mountain, NC 28711-3828

    $1,335,000
    Estimated value
    4,524 sqft 1.10 AC lot
    View details
    3206 Us 70th Hwy
    TAKE-OUT RESTAURANT

    3206 Us 70th Hwy, Black Mountain, NC 28711

    $185,000
    Estimated value
    1,362 sqft 0.19 AC lot
    View details
    581 Nc-9
    Restaurants

    581 Nc-9, Black Mountain, NC 28711

    Value Estimation by Request
    4,453 sqft 1.10 AC lot
    View details

    Black Mountain, NC Restaurants Market Trends and Statistics

    Explore 30 restaurants for sale in Black Mountain, NC, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,710 square feet of properties for sale, with an estimated market value of $1,680,000.

    Sale prices for restaurant properties in Black Mountain, NC start at $695,000, averaging $840,000, and reaching up to $985,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 2
    Drive through restaurants 1

    Demographics Overview

    Population 13K
    Population Growth (5Y) -6.1%
    Median Household Income $69,177
    College Educated 77.1%

    High-Yield Neighborhoods for Investment

    Identify Black Mountain submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    28711 $1.8M

    Taxes & Financing

    Tax Rate (average for all types) 0.81%
    Property Tax per SF $11.17 per SF
    Tax Rate vs County Average 0.06 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Buncombe County

    New Delisted

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