177 Cumberland Avenue Asheville, NC $ 3,150,000
177 Cumberland Avenue
$ 3,150,000
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177 Cumberland Avenue

Asheville, NC, 28801
$ 3,150,000
Baths12.0

Monthly Estimate*

$ 22,004

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Studio

Commercial Property for sale in Asheville, NC

for $3,150,000 with 12 full baths. This building was built in 1901 on a lot size of 0.95.

Nestled in the coveted Historic Montford district, this property offers a rare opportunity to own a piece of history on an one acre, flat lot. Designed by the renowned builder Richard Sharp Smith, Senior Supervising Architect of the Biltmore Estate, this home showcases exquisite craftsmanship and timeless elegance. Smith's distinctive style, characterized by pebble-dash exterior and high-pitched roofs, is beautifully preserved in this Arts & Crafts Style house. Smith's influence extends beyond this property to locations throughout Asheville and Western NC. Notable examples include the Basilica of St. Lawrence and the Asheville Masonic Temple, showcasing his unparalleled architectural vision and enduring legacy. Boasting an award-winning bed and breakfast, this meticulously designed estate features a fully equipped commercial kitchen, 8 guest suites and a cottage. This property is perfect for welcoming visitors seeking a tranquil retreat offering a turn key investment opportunity.

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Commercial Active

Price

$ 3,150,000

Bedrooms

Studio

Full Bath

12

Property Type

Commercial

Taxes

$ 0

Style

Bed/Breakfast

Lot Size

0.95

Year Built

1901

Town/City

Asheville

County/Region

Buncombe

MLS | Web ID

4121864

Features
General
Sewer Public Sewer
Heating Baseboard Central Ductless Other - See Remarks
Cooling Ceiling Fan(s) Central Air Ductless Wall Unit(s) Other - See Remarks
Utilities Cable Connected Electricity Connected Gas Wired Internet Available
Roof Shingle
Appliances Convection Oven Dishwasher Exhaust Hood Gas Range Gas Water Heater Refrigerator Tankless Water Heater Washer/Dryer Other
Zoning RM8
Construction Materials Other - See Remarks
Year Built 1901
Property SubType Bed/Breakfast
Elevation 2000
Waterfront Features None
County Buncombe
New Construction N
Property Type Commercial Sale
Directions GPS will navigate you to the property.
City Asheville
Street Name Cumberland
Standard Status Active
Construction Type Site Built
Restrictions Historical
Tax Assessed Value 1161800
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Interior
Flooring Bamboo Wood
Street Suffix Avenue
Total Baths 12
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Exterior
Parking Features Driveway Detached Garage Parking Space(s)
Lot Features Green Area Level Wooded Views
Water Source City
Inclusions Building Business Equipment Land
Lot Size Area 0.95
Foundation Details Basement
Number of Buildings 3
Road Surface Type Paved
Lot Size Units Acres
Road Frontage Type City Street
Road Responsibility Publicly Maintained Road
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Internal Only
Street Number 1 177
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* Excluded Features
List By
Century 21 Connected

Broker

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$22,004
Per Month
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Monthly Principal & Interest
$22,004
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
294628 Elementary School
294724 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/23/2024$3,150,000 Listed Price

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177 Cumberland Avenue, Asheville, NC, 28801 is a Commercial Property for sale at $3,150,000 with a lot size of 0.95. 177 Cumberland Avenue is a studio with 12.0 baths and was built in 1901. The property's zip code is 28801 which is in Asheville, NC