508 W State Street Black Mountain, NC $ 897,000
508 W State Street
$ 897,000
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508 W State Street

Black Mountain, NC, 28711
$ 897,000
Bedrooms-- Baths--

Monthly Estimate*

$ 6,195

508 W State Street, Black Mountain, NC 28711 - Image 1
508 W State Street, Black Mountain, NC 28711 - Image 2
508 W State Street, Black Mountain, NC 28711 - Image 3
508 W State Street, Black Mountain, NC 28711 - Image 4
508 W State Street, Black Mountain, NC 28711 - Image 5
508 W State Street, Black Mountain, NC 28711 - Image 6
508 W State Street, Black Mountain, NC 28711 - Image 7
508 W State Street, Black Mountain, NC 28711 - Image 8

Commercial Property for sale in Black Mountain, NC

for $897,000. This building was built in 1945 on a lot size of 0.95.

Excellent opportunity for an investment property in fantastic location on 4 lane road walking distance to bustling downtown Black Mountain. Over 4700 sqft on a .95 acre lot zoned highway business which allows for many commercial uses. Former location of well established restaurant. Over 230' of road frontage on W. State St. (Old US Hwy 70). New wiring and new HVAC system. Ample on site parking. Just minutes to Asheville. Restaurant equipment and chattel negotiable.

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Commercial Active

Price

$ 897,000

Property Type

Commercial

Taxes

$ 0

Style

Food/Beverage

Lot Size

0.95

Year Built

1945

Town/City

Black Mountain

County/Region

Buncombe

MLS | Web ID

4308786

Features
General
Sewer County Sewer
Roof Asbestos Shingle
Construction Materials Wood
Year Built 1945
Property Subtype Food/Beverage
Parcel Number 0619-04-7658-00000
County Buncombe
New Construction N
Property Type Commercial Sale
HOA N
Possible Use Commercial
Directions From Black Mountain West on W State St. (Old US Hwy 70) property of the right.
City Black Mountain
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Additional Parcels Y/N N
Lease Considered Y/N Y
Standard Status Active
Restrictions N/A
Tax Assessed Value 611800
Listing Terms Cash Conventional
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Exterior
Lot Features Level
Water Source City
Inclusions Other
Lot Size Area 0.95
Road Surface Type Paved
Road Frontage Type 4 Lane Highway
Road Responsibility Publicly Maintained Road
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Interior
Basement (Y/N) N
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Internal Only
Street Number 1 508
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* Excluded Features
List By
Howard Hanna Beverly-Hanks Asheville-Downtown

Broker

Affordability Calculator

$6,195
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,195
Monthly Property Taxes
--
Monthly Home Insurance
--
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
9/28/2026$897,000 -8.93% Price Down
1/27/2026$985,000 -10.45% Price Down
10/2/2025$1,100,000 Listed Price

Map


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508 W State Street, Black Mountain, NC, 28711 is a Commercial Property for sale at $897,000 with a lot size of 0.95. 508 W State Street was built in 1945. The property's zip code is 28711 which is in Black Mountain, NC