297 Hillside Street Asheville, NC $ 950,000
297 Hillside Street
$ 950,000
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297 Hillside Street

Asheville, NC, 28801
$ 950,000
Bedrooms-- Baths--

Monthly Estimate*

$ 6,561

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Commercial Property for sale in Asheville, NC

for $950,000. This building was built in 2002 on a lot size of 0.16.

Is this the most interesting property available in Asheville? Even without the eclectic furnishings (some of which are available), the unique and versatile layout lends itself to a variety of uses: single-family, multifamily, rental, live/work, artist studio, retail/commercial, or a mix. Zoning is the rare and coveted Neighborhood Business. So many extraordinary touches and endless customizations make it special, showing the high quality and thoughtful design. The studio apartment is being left fully furnished/turnkey and has been a reliable rental at $1800+ per month. Second floor living area has been rented for $2600+ per month. The first floor live/work space is also being prepared for rental which will bring in additional revenue. Amazing location in a friendly neighborhood in between Charlotte St and Merrimon Ave and just a mile to downtown. 3 bedrooms, 4 bathrooms, 3 kitchens, plus a bonus loft at the top! City confirmed that homestay short term rental STR possibility with two of the units with minor modifications if you live in the third. Sellers explored connecting the first and second floors to make it a more traditional two-story home but preferred the current layout so that hasn't been done but is possible according to the sellers and the City. It is well built and well-maintained. Provide proof of funds or preapproval letter with showing request. Check out the 3-D walk-through to get a sense of the layout and efficient design. Sellers are willing to consider owner financing - make an offer!

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Commercial Active

Price

$ 950,000

Property Type

Commercial

Taxes

$ 0

Style

Retail

Lot Size

0.16

Year Built

2002

Town/City

Asheville

County/Region

Buncombe

MLS | Web ID

4326757

Features
General
Sewer Public Sewer
Heating Central Wood Stove
Cooling Central Air
Roof Metal
Appliances Dishwasher Electric Range Electric Water Heater Gas Water Heater Refrigerator Washer/Dryer
Zoning NB
Patio/Porch Features Balcony Covered Porch
Construction Materials Hard Stucco
Year Built 2002
Property Subtype Retail
Parcel Number 9649-54-2740-00000
Elevation 2000
County Buncombe
New Construction N
Property Type Commercial Sale
HOA N
Possible Use Multi-Family Private Estate Recreational Residential Other - See Remarks
Garage Y/N Y
Green Sustainability Low VOC Coatings No VOC Coatings Recycled Materials Salvaged Materials
Directions On the corner of Hillside and Lee. Please do not park on the other side of Lee street.
City Asheville
Senior Community Y/N N
Open Parking Spaces 4
Lot Size Units Acres
Carport Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Virtual Tour https://my.matterport.com/show/?qs=1&play=1&cloudEdit=1&ss=19&sr=-.17%2C-.16&m=QZFmWbifBHS https://my.matterport.com/show/?qs=1&play=1&cloudEdit=1&ss=19&sr=-.17%2C-.16&m=QZFmWbifBHS
Standard Status Active
Construction Type Site Built
Restrictions N/A
Tax Assessed Value 482400
Listing Terms Cash Conventional Exchange Owner Financing Private
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Interior
Flooring Concrete Linoleum Tile Wood
Basement (Y/N) N
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Exterior
Fencing Front Yard Partial
Parking Features Driveway Attached Garage
Lot Features Corner Lot
Water Source City
Total Parking 5
Inclusions Building Fixtures
Lot Size Area 0.16
Foundation Details Slab
Road Surface Type Paved
Covered Spaces 1
Road Responsibility Publicly Maintained Road
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Internal Only
Street Number 1 297
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* Excluded Features
List By
Drg Homes & Land

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Affordability Calculator

$6,561
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,561
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
2/28/2026$950,000 -2.56% Price Down
12/5/2025$975,000 Listed Price

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297 Hillside Street, Asheville, NC, 28801 is a Commercial Property for sale at $950,000 with a lot size of 0.16. 297 Hillside Street was built in 2002. The property's zip code is 28801 which is in Asheville, NC