Retail

Black Mountain, NC Retail Properties & Spaces for Sale

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Found 6 retail properties for sale in Black Mountain, NC, averaging $199/sq ft. Use valuation data to compare deals faster.
Historic Mixed-Use Building
Updated: Jun 30
Historic Mixed-Use Building

204 Sutton Avenue, Black Mountain, NC 28711

$980,000
0.06 AC lot
1922 building on a 0.06‑acre lot
CBD zoning with potential mixed‑use configuration, subject to verification
High ceilings and loft‑style interior areas
Located in Downtown Black Mountain’s Historic District
Brick partial and wood construction
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O'Reilly Auto Parts Investment
Updated: Mar 27
O'Reilly Auto Parts Investment

507 W State Street, Black Mountain, NC 28711

$872,000
6,300 sqft 1.08 AC lot
Creditworthy tenant: O'Reilly Auto Parts (NASDAQ: ORLY) with investment‑grade Moody's Baa1 rating.
Long‑term NN lease with corporate guarantee, providing passive income and minimal management.
Attractive 6.25% CAP rate and $61,056 annual rent.
Built‑in 6% rent increases every 5 years and three (3) five‑year renewal options, ensuring income growth.
Recent capital improvements: new roof (2023) and resealed parking lot, minimizing near‑term expenses.
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Historic Mixed-Use Building
Historic Mixed-Use Building

204 Sutton Avenue, Black Mountain, NC 28711

$980,000
3,772 sqft

Flexible downtown building with high ceilings, loft-style areas, and potential for street-level commercial and upper-level residential use.

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Fully Leased Retail Center
Fully Leased Retail Center

2-10 East Market Street, Black Mountain, NC 28711

$2,550,000

Neighborhood retail center in Black Mountain's Village of Cheshire.

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Fully Leased Retail Center
Fully Leased Retail Center

2 E Market St, Black Mountain, NC 28711

$2,550,000

Neighborhood retail center in the Village of Cheshire.

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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 80 Potential Opportunities for your consideration. Besides 6 Active listings in Black Mountain, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 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.

Interstate-Adjacent Retail Shopping Center
Interstate-Adjacent Retail Shopping Center

15-40 Peaks Center Lane, Asheville, NC 28805

$8,800,000
12,020 sqft

Interstate-adjacent retail shopping center with immediate visibility and high daily traffic counts from and in front of the property.

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Flex Space with Warehouse Functionality
Flex Space with Warehouse Functionality

1380 Tunnel Road, Asheville, NC 28805

$267,913
10,996 sqft

Combined retail and warehouse improvements support users needing customer-facing space alongside distribution or operational capacity.

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Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

851 Charlotte Hwy, Fairview, NC 28730

$3,959,500
61.03 AC lot

OU-zoned acreage offers commercial, residential, or mixed-use development with available city water and MSD sewer.

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Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

851 Charlotte Highway, Fairview, NC 28730

$3,959,500

Flexible OU-zoned acreage with utility availability and cleared land along a five-lane commercial corridor.

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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.

Commercial Land For Sale
Commercial Land For Sale

440 E State St, Black Mountain, NC 28711

$1,800,000

Commercial land available across from Tractor Supply Store.

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Swannanoa Land For Sale
Swannanoa Land For Sale

US 70 HWY SWANNANOA NC 28778, Swannanoa, NC 28778

Contact for pricing
9.60 AC lot

9.6 acres of CS Zoned property near Asheville.

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Commercial Land With Highway Access
Commercial Land With Highway Access

10 acres Charlotte Highway, Asheville, NC 28803

$989,000
10.00 AC lot

R-LD-zoned acreage offers public utilities, multiple road connections, and development-ready plateaus for commercial or multifamily projects.

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Commercial Land with Road Frontage
Commercial Land with Road Frontage

1961 Cane Creek Road, Fletcher, NC 28732

$300,000
1.40 AC lot

OU-zoned parcel offering public water, private sewer, and multiple access points along a developed road corridor.

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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.

200 State St
FINANCIAL BUILDING

200 State St, Black Mountain, NC 28711-3525

Estimated value:
$90,000
4,760 sqft 0.56 AC lot
View details
119 Cherry St
RETAIL STORES (PERSONAL SERVICES)

119 Cherry St, Black Mountain, NC 28711-3424

Estimated value:
$490,000
4,442 sqft 0.05 AC lot
View details
203 State St
RESTAURANT

203 State St, Black Mountain, NC 28711-3408

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

227 State St, Black Mountain, NC 28711-3408

Estimated value:
$305,000
3,252 sqft 0.20 AC lot
View details
2960 Us 70th Hwy
VEHICLE SALES, RENTALS

2960 Us 70th Hwy, Black Mountain, NC 28711-9103

Estimated value:
$590,000
1,296 sqft 1.00 AC lot
View details
133 Old Us Hwy 70th E
AUTO REPAIR, GARAGE

133 Old Us Hwy 70th E, Black Mountain, NC 28711-3600

Estimated value:
$575,000
5,096 sqft 0.32 AC lot
View details
250 Nc Hwy 9th 9
RESTAURANT

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

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

400 State St, Black Mountain, NC 28711-3520

Estimated value:
$800,000
4,200 sqft 0.50 AC lot
View details
106 Sutton Ave
RETAIL STORES (PERSONAL SERVICES)

106 Sutton Ave, Black Mountain, NC 28711-3421

Estimated value:
$585,000
6,580 sqft 0.15 AC lot
View details
3201 Old Us Hwy 70th E
AUTO REPAIR, GARAGE

3201 Old Us Hwy 70th E, Black Mountain, NC 28711-9426

Estimated value:
$160,000
2,350 sqft 0.98 AC lot
View details
121 Broadway St
RETAIL STORES (PERSONAL SERVICES)

121 Broadway St, Black Mountain, NC 28711-3422

Estimated value:
$485,000
2,800 sqft 0.06 AC lot
View details
107 State St
RETAIL STORES (PERSONAL SERVICES)

107 State St, Black Mountain, NC 28711-3418

Estimated value:
$495,000
2,470 sqft 0.04 AC lot
View details
2968 Us 70th Hwy
AUTO REPAIR, GARAGE

2968 Us 70th Hwy, Black Mountain, NC 28711-9103

Estimated value:
$510,000
1,616 sqft 0.90 AC lot
View details
128 Broadway St
RESTAURANT

128 Broadway St, Black Mountain, NC 28711-3423

Estimated value:
$1,110,000
8,079 sqft 0.18 AC lot
View details
195 Lynch Cv Rd
GYM, HEALTH SPA

195 Lynch Cv Rd, Black Mountain, NC 28711

Estimated value:
$760,000
15,005 sqft 4.10 AC lot
View details
221 State St
RETAIL STORES (PERSONAL SERVICES)

221 State St, Black Mountain, NC 28711-3408

Estimated value:
$820,000
1,686 sqft 0.05 AC lot
View details
204 Sutton Ave
RETAIL STORES (PERSONAL SERVICES)

204 Sutton Ave, Black Mountain, NC 28711-3531

Estimated value:
$530,000
3,917 sqft 0.06 AC lot
View details
132 Cherry St
RETAIL STORES (PERSONAL SERVICES)

132 Cherry St, Black Mountain, NC 28711-3425

Estimated value:
$175,000
1,035 sqft 0.02 AC lot
View details

Black Mountain, NC Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Black Mountain, NC, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 12,082 square feet of properties for sale, with an estimated market value of $7,932,000.

Sale prices for stores in Black Mountain, NC start at $872,000, averaging $1,586,400, and reaching up to $2,550,000 — 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

Drug stores 2
Shopping centers 2
Storefront properties 2
Auto shops 1
Automotive properties 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 $1.6M

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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