2 Butler Road Arden, NC $ 5,250,000
2 Butler Road
$ 5,250,000
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2 Butler Road

Arden, NC, 28704
$ 5,250,000
Baths0.0

Monthly Estimate*

$ 34,893

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Studio

Commercial Property for sale in Arden, NC

for $5,250,000. This building was built in 1953 on a lot size of 3.38.

***LONG SHOALS FRONTAGE* Rare offering of 5 adjacent properties totaling over 8 acres of property that has Road frontage and lake frontage. Developers dream...All city utilities and Zoned CBII. Situated beside highly developing area next to Bojangles, Ingles and State Employees Credit Union. Ideal for Lake Front apartments, Medical Campus or any number of Retail centers. 4 adjacent parcels for sale PIN #s 9644-58-3305,9644-58-2240, 9644-57-2976 & 9644-57-6935. Call Broker for Details and Plats ##Buildings and Mobile homes have no assigned value in this sale##

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Commercial Contingent

Price

$ 5,250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Hotel/Motel

Lot Size

3.38

Year Built

1953

Town/City

Arden

County/Region

Buncombe

MLS | Web ID

3691849

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Connected Electricity Connected
Roof Composition
Construction Materials Brick
Year Built 1953
Property SubType Hotel/Motel
Elevation 1500
Waterfront Features None
County Buncombe
New Construction N
Property Type Commercial Sale
HOA / Comm Assn N
Possible Use Commercial Multi-Family Residential
Directions From Long Shoals Road turn right at the State Employees Credit Union to property on Right *** NO DRIVE BYS..APPOINTMENT ONLY****
City Arden
Body of Water Lake
Lot Size Units Acres
Virtual Tour wncslideshows.com/3691849
Standard Status Active Under Contract
Construction Type Manufactured Site Built
Restrictions Use
Tax Assessed Value 493400
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Interior
Flooring Vinyl
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Exterior
Lot Features Waterfront
Water Source City
Inclusions Building Land
Lot Size Area 3.38
Foundation Details Slab Other - See Remarks
Number of Buildings 12
Road Frontage Type 4 Lane Highway State Highway
Road Responsibility Private Maintained Road
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Internal Only
Street Number 1 2
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* Excluded Features
List By
Re/Max Executive

Broker

Affordability Calculator

$34,893
Per Month
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Monthly Principal & Interest
$34,893
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Default based on a 30-year fixed rate of 6.99% 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
12/16/2020$5,250,000 Listed Price

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2 Butler Road, Arden, NC, 28704 is a Commercial Property for sale at $5,250,000 with a lot size of 3.38. 2 Butler Road is a studio with 0.0 baths and was built in 1953. The property's zip code is 28704 which is in Arden, NC