288 Montford Avenue Asheville, NC 28801

$2,550,000
288 Montford Avenue, Asheville, NC 28801
3392403

Commercial Property for sale in Asheville, NC

for $2,550,000. This 5,500 square foot building was built in 1900 on a lot size of 0.750 Acre(s).

Property Information

  • $2,550,000
  • Commercial
  • 5,500 Square Feet
  • Bed & Breakfast
  • Active
  • 2 Floors
  • Lot size of 0.750 Acre(s)
  • Built in 1900
  • Asheville, NC
  • Historic Montford Neighborhood
  • Buncombe County
  • MLS/Web ID is 3392403

Description

History meets luxury chic with this Richard Sharp Smith architectural masterpiece. Incredible furnishings, posh accommodations, positive cash-flow, and vibrant, walkable, in-town location make this the perfect urban retreat. Fully furnished, appointed, and completely turn-key, the shingled, half-timbered, and pebble-dashed exterior captures the imagination. Main building features six-ensuite bedrooms and pristine detail harking back to Asheville's gilded age. A fully restored and updated carriage house provides a private one-bedroom owner's loft with kitchen, den, fireplace, and outdoor terrace. Two studio apartments feature: en-suite bedrooms, a kitchenette, fireplace, and private patio. Close to cafes, galleries, shopping, museums, parks, and greenways - Zoned RM8 and licensed as conforming B&B - possibilities are limitless with this highly coveted Montford property.

Interior 7

Appliances

  • Security System / Alarm
  • Smoke Detector

Basement

  • Inside Entrance
  • Partially Finished

Cooling System

  • Central Air
  • Electric Cooling
  • Window Unit(s)

Heating Source

  • Natural Gas

Heating System

  • Multi-Units

Sewer

  • City Sewer

Water Source

  • City Water

Exterior 5

Construction

  • Site Built

Foundation

  • Basement
  • Crawl

Lot Description

  • Historic

Roof

  • Architectural Shingle

Zoning

  • Not in Flood Zone

Miscellaneous 2

Commercial

  • Equipment Included
  • Reception Area
  • Sale Includes Building
  • Sale Includes Business
  • Sale Includes Fixture/Equip
  • Sale Includes Inventory
  • Sale Includes Land

Utilities

  • Cable
  • Electric
  • Gas
  • Phone

Rental 1

Lease Terms

  • Includes Licenses

† Excluded Feature

Listed By

Broker: IVESTER JACKSON BLACKSTREAM

The data relating to real estate on this Web site derive in part from the Carolina Multiple Listing Services, Inc. IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Weichert of North America, Inc nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2009 Carolina Multiple Listing Services, Inc. Data is updated as of 9/21/2018.

288 Montford Avenue, Asheville, NC, 28801 is a Commercial Property for sale at $2,550,000 with 5,500 sqft and a lot size of 0.750 Acre(s). 288 Montford Avenue has 0.0 baths and was built in 1900. The property's zip code is 28801 which is in Asheville, NC

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Market Pricing

Average % of sale price Median % of sale price
All listings in Asheville $604,900 76 % below $375,000 85 % below
Commerical listings in Asheville $1,221,129 52 % below $775,000 70 % below

Get the facts about Asheville, NC!

Population 89,788
Population Growth (since 2000) 21 %
Median Income $44,392
Median Age 38.9
Households w/ Children 22 %

Residential Dwellings

  • Owned 21435
  • Vacant 4242
  • Rented 19041

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