1186 Old US 70 Highway Black Mountain, NC $ 1,400,000
1186 Old US 70 Highway
$ 1,400,000
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1186 Old US 70 Highway

Black Mountain, NC, 28711
$ 1,400,000
Bedrooms-- Baths9.0 Sq 4,703

Monthly Estimate*

$ 9,669

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Commercial Property for sale in Black Mountain, NC

for $1,400,000 with 9 full baths. This 4,703 square foot building was built in 1830 on a lot size of 2.24.

Discover a rare, once-in-a-lifetime investment opportunity in the heart of Black Mountain, NC. This historic 100-year-old inn blends authentic architectural charm with immense commercial potential. Perfectly positioned in the "Front Porch of Western North Carolina," this estate offers 11 spacious bedrooms and 9 bathrooms, making it an ideal candidate for a premier boutique hotel, bed and breakfast, or corporate retreat. The true value lies in the expansive 2-acre site, a rarity in this highly sought-after market. With prime commercial zoning, the property is a blank canvas for development, offering ample space for luxury glamping sites, private event facilities for weddings, or additional guest structures to maximize your investment. Its location near downtown Black Mountain—known for its artisanal shops and craft breweries—and proximity to vibrant Asheville ensures steady year-round interest. This property offers the perfect balance of timeless character and scale, providing a unique foundation for any visionary hospitality operator. Whether you aim to restore a historic landmark or develop a multi-faceted retreat, this iconic estate stands as a legacy asset in one of the region’s most desirable locations. NO HISTORICAL RESTRICTIONS!

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Commercial Active

Price

$ 1,400,000

Full Bath

9

Property Type

Commercial

Taxes

$ 0

Style

Bed/Breakfast

Lot Size

2.24

Year Built

1830

Town/City

Black Mountain

County/Region

Buncombe

MLS | Web ID

4258650

Features
General
Sewer Public Sewer
Heating Baseboard Central Wall Furnace Wood Stove
Cooling Central Air Wall Unit(s) Window Unit(s)
Utilities Cable Available Cable Connected Electricity Connected
Roof Fiberglass Metal Rubber
Appliances Dishwasher Dryer Electric Cooktop Electric Oven Refrigerator
Patio/Porch Features Patio
Construction Materials Asbestos Vinyl Wood
Year Built 1830
Property Subtype Bed/Breakfast
Parcel Number 060984327600000
Additional Parcels Description 060984403400000
County Buncombe
New Construction N
Property Type Commercial Sale
HOA N
Possible Use Commercial Multi-Family Recreational Residential Subdevelopment
Other Structures Shed(s)
Directions Call Listing Agent GPS is accurate
City Black Mountain
Senior Community Y/N N
Open Parking Spaces 10
Lot Size Units Acres
Carport Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Virtual Tour https://listings.wncrealestatephotography.com/sites/opvovab/unbranded https://listings.wncrealestatephotography.com/sites/opvovab/unbranded
Standard Status Active
Construction Type Site Built
Restrictions N/A
Tax Assessed Value 832500
Complex Name Black Mountain Inn
Listing Terms Cash Conventional
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Interior
Basement Interior Entry Unfinished
Flooring Tile Wood
Basement (Y/N) Y
Total Baths 9
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Exterior
Parking Features Driveway RV Access/Parking Shared Driveway
Lot Features Private Wooded
Water Source City
Total Parking 30
Inclusions Building
Lot Size Area 2.24
Foundation Details Basement
Number of Buildings 1
Building Area Total 4703
Road Surface Type Paved
Covered Spaces 0
Road Frontage Type State Road
Road Responsibility Private Maintained Road
Road Frontage 180
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Internal Only
Street Number 1 1186
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* Excluded Features
List By
Century 21 Connected

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$9,669
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,669
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.375% 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
6/22/2026$1,400,000 -6.67% Price Down
3/9/2026$1,500,000 -6.25% Price Down
1/23/2026$1,599,999 0.00% Price Down
8/21/2025$1,600,000 -3.03% Price Down
6/4/2025$1,650,000 Listed Price

Map


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1186 Old US 70 Highway, Black Mountain, NC, 28711 is a Commercial Property for sale at $1,400,000 with 4,703 sqft and a lot size of 2.24. 1186 Old US 70 Highway has 9.0 baths and was built in 1830. The property's zip code is 28711 which is in Black Mountain, NC