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      Investment Property

      The Asheville NC and surrounding areas are great for locating income producing investment type property. There are all types of both residential and commercial properties in the Asheville area that are suited for income and investment purposes. Contact Green Mountain Realty or call us at (828)-215-9064 for all of your investment property and real estate needs here in the Asheville area.

      8 Village, Asheville, NC 28803

      Price$5,550,000The price has recently decreased

      MLS Number 3242509

      • Commercial
      • Square Feet 19364
      • Bathroom 17.5
      • Units 1
      • Acreage 1.93

      Build new condos in historic Biltmore Village! Rare investment opportunity on 1.93 acres in the heart of the Village in Asheville! On the National Historic Register, this 11-unit luxury condominium complex was converted from the historic Biltmore Hospital in 2005. Offered are 8 remaining fully furnished 2 bedroom condos zoned to allow short term vacation rental, 30 spaces off-street parking, and the recorded DEVELOPMENT RIGHTS for an add'l 15, 448 SqFt bldg (see PIN#9647-79-0174-R0001). Elevator.

      Listed by Janet Whitworth of Premier Sotheby's Int'l Realty

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      8 Village, Asheville, NC 28803

      Price$5,550,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3247464

      • MultiFamily Multi-Family
      • Square Feet 19364
      • Zoning Institutional
      • Modification Date 03/08/2017
      • Year Built 1931

      Rare investment opportunity on 1.93 acres in the heart of Biltmore Village in Asheville! On the National Historic Register, this 11-unit luxury condo complex was converted from the historic Biltmore Hospital in 2005. Offered are the 8 remaining fully furnished 2 bedroom condo units zoned to allow short term vacation rental, a 30 space off-street parking lot, and the recorded DEVELOPMENT RIGHTS for an additional 15, 448SF building (see PIN#9647-79-0174-R0001). Elevator.

      Listed by Janet Whitworth of Premier Sotheby's Int'l Realty

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      Price Down Payment Interest Rate Years
      %

      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      124 College, Asheville, NC 28801

      Price$4,800,000The price has recently decreased

      MLS Number 3266251

      • Commercial
      • Acreage 0.14
      • Year Built 1912
      • Modification Date 03/30/2017

      INVESTMENT OPPORTUNITY IN DOWNTOWN ASHEVILLE! 4-floor building with elevator access. Located across the street from the City of Asheville Park Plaza. Tenants include: Room Nine, Siren Studio, Sola Salon Studios, Nebula Beauty Lab, etc...

      Listed by Paul Ellis of Pulliam Properties, Inc

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      111 Fiddlehead, Zirconia, NC 28790

      Price$2,500,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3231186

      • Residential Single Family
      • Bathroom 2
      • Square Feet 2341
      • Bedrooms 4
      • Acreage 52.85

      Private Wonderland. Over 52 acres w/ 2300+ SF main residence, 4400 SF (m.o.l.) EVENT BARN, accessory structure that could be a guest cottage, and storage building. Gorgeous outdoor spaces including streams, mountain views, private spring-fed pond with gazebo and sun deck, wooded trails, flagstone patio, outdoor fireplace, decks, porches, and labyrinth. Currently used as a retreat center. Would also make a great vacation rental compound, wedding/event property, or your exclusive paradise.

      Listed by Jay Kaiser of Exit Mountain Realty

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      212 Fiddlehead, Zirconia, NC 28790

      Price$2,500,000The price has recently decreased

      MLS Number 3231547

      • Commercial
      • Units 3
      • Acreage 52
      • Zoning Residential
      • Year Built 1947

      Private Wonderland. Over 52 acres w/ 2300+ SF main residence, 4400 SF (m.o.l.) EVENT BARN, accessory structure that could be a guest cottage, and storage building. Gorgeous outdoor spaces including streams, mountain views, private spring-fed pond with gazebo and sun deck, wooded trails, flagstone patio, outdoor fireplace, decks, porches, and labyrinth. Currently used as a retreat center. Would also make a great vacation rental compound, wedding/event property, or your exclusive paradise.

      Listed by Jay Kaiser of Exit Mountain Realty II

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      18 Bowman, Waynesville, NC 28785

      Price$2,295,000The price has recently decreased

      MLS Number 3121470

      • Commercial
      • Acreage 0.99
      • Year Built 2008
      • Modification Date 05/01/2017

      Fully-leased +/-8, 645 SQFT 3-unit modern Class-A medical office building in outstanding condition, located on +/-0.99 acres in Waynesville, NC. Purchase the entire property provides a solid investment opportunity for those in the market for income producing property.

      Listed by Keaton Edwards of G/M Property Group

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      212 Broad, Brevard, NC 28712

      Price$2,295,000The price has recently decreased

      MLS Number 3281886

      • Commercial
      • Units 2
      • Acreage 1.89
      • Year Built 1948
      • Modification Date 05/16/2017

      Excellent Redevelopment site for Retail, Hotel or Brewery Site or use as is for Investment Property. Currently about 80% leased with 10 tenants. Currently has $164, 448 in Gross Income. Includes 2 properties: 8585-49-4924 & 8586-40-3121.

      Listed by James Wilson of Pulliam Properties, Inc

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      5481 Greenville, Zirconia, NC 28790

      Price$2,250,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3291303

      • Residential Single Family
      • Bathroom 3
      • Square Feet 3941
      • Bedrooms 3
      • Acreage 38.86

      Must see 38+/- ac tract with stunning year around views of the Blue Ridge Mountains. Make this 3541+/- sq ft, 3 bedroom, 4 bath, 1 story house with a fully finished basement your own. There is a private gated entrance with a paved drive, rolling hills and pasture. The second living quarters would make a great vacation rental. Just a short distance from Hendersonville and Asheville, North Carolina and Greenville South Carolina. Schedule a showing today!

      Listed by Todd Allen of RE/MAX Realty

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      122 Riverside, Asheville, NC 28801

      Price$2,200,000The price has recently decreased

      Pending

      MLS Number 3242551

      • Commercial
      • Square Feet 7954
      • Bathroom 6
      • Units 1
      • Acreage 0.63

      Rare opportunity in the heart of the River Arts District to own a high profile & iconic income-producing property. The Cotton Mill Studios has two floors of fully tenanted space, currently configured into 8 units (metered separately for electric). This solid and updated commercial building offers investment potential with upper-level river views, natural light, beautiful flooring and off-street parking. Basement with potential storage capacity & two loading docks.

      Listed by Modern Asheville Real Estate of Keller Williams - Weaverville

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      1216 Sixth, Hendersonville, NC 28739

      Price$1,900,000The price has recently decreased

      MLS Number 3139780

      • Commercial
      • Units 1
      • Acreage 1.29
      • Zoning Commercial
      • Year Built 2008

      Investment opportunity for multi-tenant medical office building consisting of six condominium units; five units in this offering. Occupancy level 91% with 2, 598 square feet vacant. Pardee Memorial Hospital doctors' office and Rockcliff Oral and Facial Surgery are anchor tenants. 1, 600 square feet of executive office suites with conference room, bathroom and breakroom. Building offered for sale and executive suites available for lease. Additional Parcels 1012078, 1012079, 1009312.

      Listed by Susanne Woosley of NAI Beverly-Hanks

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      151, Tryon, NC 28782

      Price$1,750,000The price has recently decreased

      MLS Number NCM590957

      • Commercial
      • Square Feet 37100
      • Units 2
      • Acreage 16
      • Year Built 1950

      Prime commercial investment/redevelopment opportunity just off I-26 and Hwy 74 in Polk County. 80, 000 sq ft facility; 2 additional storage buildings, 900 ft of highway frontage on Hwy 176. An on-going antique market with over 90 vendors; includes a computerized point-of-sale system; a retail antique operation is also housed in 30 thousand sq ft. A new membrane roof; 5 loading docks; 2 drive-in bays; financials on request. Approx $31 sq ft

      Listed by Nita Kersey of Connestee Falls Realty

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      101 Lakemont, Flat Rock, NC 28731

      Price$1,690,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3174555

      • MultiFamily Multi-Family
      • Square Feet 13294
      • Zoning Residential
      • Modification Date 05/30/2017
      • Year Built 1975

      Turn-key Vacation Cottage Rental Business. Easy access yet private, in a gorgeous setting of 20+ acres. Well-maintained and family owned/operated. Sellers willing to assist in ownership transition. Comprised of 14 fully-furnished cottage units, a main home with daylight basement apartment, two spring-fed ponds, and walking trails to the Green River Preserve. Well-established / records available to buyers. Can be sold with 17 acres; without the main residence. (See MLS: 3174718)

      Listed by Lesley Rohe of Exit Mountain Realty II

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      101, Flat Rock, NC 28731

      Price$1,690,000The price has recently decreased

      MLS Number 3174098

      • Commercial
      • Square Feet 13294
      • Units 12
      • Acreage 20
      • Zoning Residential

      Turn-key Vacation Cottage Rental Business. Easy access yet private, in a gorgeous setting of 20+ acres. Well-maintained and family owned/operated. Sellers willing to assist in ownership transition. Comprised of 14 fully-furnished cottage units, a main home with daylight basement apartment, two spring-fed ponds, and walking trails to the Green River Preserve. Well-established / records available to buyers. Can be sold with 17 acres; without the main residence. (See MLS: 3174606)

      Listed by Lesley Rohe of Exit Mountain Realty II

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      Price Down Payment Interest Rate Years
      %

      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      276 Montford, Asheville, NC 28801

      Price$1,500,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3237195

      • Residential Single Family
      • Bathroom 8
      • Square Feet 4290
      • Bedrooms 6
      • Acreage 0.55

      Incredible opportunity to own one of Asheville's finest Victorian homes, The Lion and the Rose. Historic Montford, built in 1898 with loving attention to detail and craftsmanship. This one-of-a-kind property will make an extraordinary private residence. Entertain your guests by the cozy fireplaces or outdoors on the covered porches and lovely garden patios. Inn owner's quarters could be converted to mother-in-law suite or rental. Perfectly located within walking distance to Downtown Asheville.

      Listed by Angie Cullen of Nest Realty Asheville

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      376 Herbert Page, Tryon, NC 28782

      Price$1,499,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3145833

      • Residential Single Family
      • Bathroom 6
      • Square Feet 6394
      • Bedrooms 4
      • Acreage 98.24

      98 acre Turnkey Equestrian Farm/Investment opportunity! 8 stall barn, new 135' x 250' riding arena, acres of fenced paddocks, organic blueberries, grapes and timber. 6000+ sq ft renovated, fully furnished Duplex sleeps 18! 4 BR, 5.5 baths, bunk room, 2 fully equipped kitchens, 3 car garage, laundry, tons of storage. Have your dream farm, or rent to TIEC horse show competitors. John Deere tractor, Park model RV. RV hookup, successful VRBO rental history. Can be subdivided. See 3149231 & 3149242.

      Listed by Linda Tinkler of Keller Williams - Old Tryon Re

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      376 Herbert Page, Tryon, NC 28782

      Price$1,499,000The price has recently decreased

      MLS Number 3149242

      • Commercial
      • Square Feet 6394
      • Bathroom 6
      • Units 3
      • Acreage 98.24

      98 acre Turnkey Equestrian Farm/Investment opportunity! 8 stall barn, new 135' x 250' riding arena, acres of fenced paddocks, organic blueberries, grapes and timber. 6000+ sq ft renovated, fully furnished Duplex sleeps 18! 4 BR, 5.5 baths, bunk room, 2 fully equipped kitchens, 3 car garage, laundry, tons of storage. Have your dream farm, or rent to TIEC horse show competitors. John Deere tractor, Park model RV. RV hookup, successful VRBO rental history. Can be subdivided. See 3149231 & 3145833.

      Listed by Linda Tinkler of Keller Williams - Old Tryon Re

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      995 Deep Gap Farm, Mill Spring, NC 28756

      Price$1,495,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3237350

      • Residential Single Family
      • Bathroom 9
      • Square Feet 6662
      • Bedrooms 8
      • Acreage 0.66

      Furnished custom home in the heart of Polk Co. 20 min to TIEC/Tryon/Lake Lure and minutes to river/lake activities. On-site horse boarding available, riding trails, hiking trails behind the gates of Brights Creek. Home offers mtn and golf course views. Details of this home include 8 bedrooms all with private baths, two story stone fireplace on open main level, lower level offers den with large two sided fireplace, bar, billiard/game room. This property has fantastic vacation rental history!

      Listed by Heather Chambers of Beverly Hanks & Assoc. Rumbling Bald

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      Price Down Payment Interest Rate Years
      %

      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      1257, 1249 Sweeten Creek, Asheville, NC 28803

      Price$1,495,000The price has recently decreased

      MLS Number 3273635

      • Commercial
      • Square Feet 11790
      • Bathroom 4
      • Units 2
      • Acreage 1.71

      2 Buildings on 1.71 Acres. A Beautifully Maintained 7, 110 SF Office Building/Retail Showroom with Loading Dock and a 4, 680 SF Masonry Warehouse for Storage, all w/ Ample Parking. Excellent Investment Opportunity OR Lease the Office @ $12/SF NNN or Lease the Warehouse for Storage @ $5/SF NNN. Property has Income Producing Billboard Lease as well. Great visibility with 22, 000 VPD on Sweeten Creek Road, just 1.4 miles from I-40. Portions of Property in Flood Plain, but Office Building is not.

      Listed by James Diaz of Covestar Investment Realty

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      24 S Broad, Brevard, NC 28712

      Price$1,495,000The price has recently decreased

      MLS Number 3188347

      • Commercial
      • Square Feet 10500
      • Bathroom 8
      • Units 1
      • Acreage 0.15

      Historic, two-story building in downtown Brevard renovated by hand over five years bringing with it an unparalleled restoration of historical significance. 10 units including 3 residential suites, 100% rented. Investment opportunity offering prime location/traffic count in Heart of Brevard. Mix of both commercial/retail space and residential suites/apartments. 7 off-street parking spaces. Spacious rear balcony with mountain views toward Bracken Mountain.

      Listed by Jeremy Purcell of Sandra Purcell & Associates

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      1621 Turkey Creek, Clyde, NC 28721

      Price$1,469,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3292394

      • Residential Single Family
      • Bathroom 5
      • Square Feet 520
      • Bedrooms 5
      • Acreage 140

      Incredible mountain paradise. 140+ acres tucked away at the end of Turkey Creek Road. Five, one bedroom cabins with FP, open floor plan, internet. Property features 36x72 8 stall barn, 30x48 3 stall barn, 3 stall garage with 12' doors, large rock outcroppings, many different home sites, underground utilities, independent septic tanks, well placed roads/pathways. Offers seclusion and convenience. This unique property is ideal for a private family estate, rental income, or a retreat!

      Listed by Brian K. Noland of Beverly-Hanks - Waynesville

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      271 Club, Lake Toxaway, NC 28747

      Price$1,450,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3211420

      • Residential Single Family
      • Bathroom 5
      • Square Feet 5485
      • Bedrooms 3
      • Acreage 0.84

      Lakefront home on Lake Toxaway! This property is located on an outstanding nearly flat, usable lakefront lot close to Lake Toxaway Country and all the surrounding amenities. The home is perfect to accommodate large families with plenty of bedroom space, a large living room, basement playroom opening up to the lakefront lawn and plenty of outdoor living area. The property also features a dock and about 137 feet of prime lake frontage. Excellent rental history.

      Listed by Chip Freeman of Lake Toxaway Co.

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      312 Haywood, Asheville, NC 28806

      Price$1,400,000The price has recently decreased

      Pending

      MLS Number 3288844

      • Commercial
      • Square Feet 6401
      • Units 2
      • Acreage 0.31
      • Zoning Commercial

      PRIME investment opportunity on the highly coveted Haywood Rd in West Asheville! Prominently located in the fast developing Beecham's Curve area. Newly renovated Fellowship Hall offers turnkey potential for the right use including ADA bathrooms, polished concrete floors, high end wood work, sound insulation, prep kitchen, coat room, bar, storage and interior landscaped courtyard. Church structure has been partially renovated and is ready for up-fitting.

      Listed by Carla Barnard of Keller Williams - Lake Lure

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      577 Upward, Flat Rock, NC 28731

      Price$1,395,000The price has recently decreased

      MLS Number NCM456035

      • Commercial
      • Square Feet 10000
      • Units 1
      • Acreage 1.03
      • Year Built 1995

      Property is less than .25 miles from I-26 on a major entrance into Hendersonville, in an area with high traffic count and great visibility. 10000 Sqft building with 17 bays, 6 twin post lifts, 1500 sq ft rental.

      Listed by Mark White of Mark White And Associates

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      101 Lakemont, Flat Rock, NC 28731

      Price$1,225,000The price has recently decreased

      MLS Number 3174606

      • Commercial
      • Square Feet 9594
      • Units 12
      • Acreage 17
      • Zoning Residential

      Turn-key Vacation Cottage Rental Business. Easy access yet private, in a gorgeous setting of 17+ acres. Well-maintained and family owned/operated. Sellers willing to assist in ownership transition. Comprised of 14 fully-furnished cottage units, two spring-fed ponds, and walking trails to the Green River Preserve. Well-established / records available to buyers. Can be sold with the main residence and 20 acres; (See MLS: 3174098)

      Listed by Lesley Rohe of Exit Mountain Realty II

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      101 Lakemont, Flat Rock, NC 28731

      Price$1,225,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3174718

      • MultiFamily Multi-Family
      • Square Feet 9594
      • Zoning Residential
      • Modification Date 05/30/2017
      • Year Built 1975

      Turn-key Vacation Cottage Rental Business. Easy access yet private, in a gorgeous setting of 17+ acres. Well-maintained and family owned/operated. Sellers willing to assist in ownership transition. Comprised of 14 fully-furnished cottage units, two spring-fed ponds, and walking trails to the Green River Preserve. Well-established, with records available to buyers. Can be sold on 20 acres; with a main residence. (See MLS: 3174555)

      Listed by Lesley Rohe of Exit Mountain Realty II

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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      Copyright 2017 NCMMLS All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NCMMLS®. Real estate listings held by brokerage firms other than Green Mountain Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing brokers.