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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

      Est. Mortgage: $/month

      MLS Number 3335396

      • MultiFamily Multi-Family
      • Square Feet 19364
      • Zoning Institutional
      • Modification Date 01/16/2018
      • Year Built 1931

      Rare development & 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 a development pad where owner was permitted 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
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

      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

      MLS Number 3242509

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

      Rare development & 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 a development pad where owner was permitted 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: 3.94% last updated on 2017-12-21

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

      253 & 271 Tunnel, Asheville, NC 28805

      Price$4,950,000The price has recently decreased

      MLS Number 3297543

      • Commercial
      • Square Feet 14964
      • Units 2
      • Acreage 1.54
      • Zoning Commercial

      Excellent investment with upside potential. Great location in regional shopping area with high traffic count. Shopping center with new roof and busy Chili's restaurant with no landlord responsibilities. Call listing agent for full rent roll. Additional PIN 9658-16-3317-00000.

      Listed by Debbie Lane 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: 3.94% last updated on 2017-12-21

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

      48 Biltmore, Asheville, NC 28801

      Price$4,500,000The price has recently decreased

      MLS Number 3350562

      • Commercial
      • Square Feet 13094
      • Units 1
      • Acreage 0.1
      • Year Built 1925

      Prime Downtown Asheville Location. Rare opportunity for commercial investment along with residential condo. Building is fully updated and excellently maintained. All mechanicals updated and building is fully sprinkled. The building's main tenant, Chestnut, is a very well-known and highly successful restaurant. The restaurant and bar occupies the main street level space on Biltmore Avenue, and the new full commercial kitchen is in the basement. The second level offers an expansive open floor plan with skylights, original heart pine flooring, insulated windows at front and back of space, and walkout rooftop area. Roof is fully accessible featuring wood deck, an additional living space with bath, kitchenette, and panoramic downtown views. Additional access at rear alley. Parcel #s 9648-49-5679-C0001, 9648-49-5679-C0002 and 9648-49-5679-00000.

      Listed by Ryan Israel of Ellington Realty Group

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

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

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

      3546 Abrams & Moore, Rutherfordton, NC 28139

      Price$2,990,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3331847

      • Residential Single Family
      • Bathroom 4
      • Square Feet 4263
      • Bedrooms 5
      • Acreage 149

      Absolutely Stunning doesn't even begin to describe this fabulous property! The Green River Sanctuary is a custom built lodge, located on the Green River, in the middle of 149 Serene Acres!! Soaring ceilings, glowing wood floors stone fireplaces, gourmet granite kitchen & quality craftsmanship are just tips of the iceberg found in this Exquisite Home. Less than 5 mins to TIEC, this property is currently on a rental program generating serious cash flow. Watch the Virtual Tour to appreciate.

      Listed by Jeremy Wood of SC NC Realty

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

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

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

      415 Brush Creek, Fairview, NC 28730

      Price$2,900,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3338931

      • Residential Single Family
      • Bathroom 5
      • Square Feet 4419
      • Bedrooms 4
      • Acreage 10.13

      Pebbledash Farm, a picturesque private estate on 10+ level acres in the coveted Cane Creek Valley, offers the ultimate setting for event center, vacation rental, horse farm or wedding venue. Property offers 3 gated entrances, bold creek, pond with waterfall and custom bridge, immaculate landscaping, Morton barn, fenced pastures, shop, separate 2-BR apartment. Pristine French Country residence boasts geothermal heat, exquisite finishings, granite and marble countertops, box beam and tray ceilings

      Listed by Sheelah Clarkson of Sheelah Clarkson Agency

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

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

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

      415 Brush Creek, Fairview, NC 28730

      Price$2,900,000The price has recently decreased

      MLS Number 3338287

      • Commercial
      • Square Feet 4419
      • Units 2
      • Acreage 10.1
      • Year Built 2005

      Pebbledash Farm, a picturesque private estate on 10+ level acres in the coveted Cane Creek Valley, offers the ultimate setting for event center, vacation rental, horse farm or wedding venue. Property offers 3 gated entrances, bold creek, pond with waterfall and custom bridge, immaculate landscaping, Morton barn, fenced pastures, shop, separate 2-BR apartment. Pristine French Country residence boasts geothermal heat, exquisite finishings, granite and marble countertops, box beam and tray ceilings

      Listed by Sheelah Clarkson of Sheelah Clarkson Agency

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

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

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

      288 Montford, Asheville, NC 28801

      Price$2,550,000The price has recently decreased

      MLS Number 3284220

      • Commercial
      • Square Feet 5500
      • Bathroom 10
      • Units 2
      • Acreage 0.75

      Surrounded by lush lawns, beautiful gardens, ponds - designed and built by resident architect of Biltmore House, Richard Sharp Smith in 1899 - this enchanting property captures the imagination with its shingled, half-timbered, and pebble-dashed exterior. Hailed as 'Asheville's Finest Boutique Inn' - by Sunday London Times, the profitable Black Walnut Bed and Breakfast Inn, with international accolades, boasts an 8.6% CAP RATE. Beautifully updated - the main home features exemplary craftsmanship, six en-suite bedrooms, eight fireplaces, chef's kitchen, and pristine original detail. Fully renovated and updated carriage house features two en-suite bedrooms each with fireplace and private outdoor space on main level. The upper level, one-bedroom unit is complete with kitchen, living area with fireplace, and outdoor terrace. Incredible furnishings, luxurious appointments, positive cash-flow, and vibrant, walkable, in-town neighborhood location make this turn-key property a great investment.

      Listed by Mike Davis of Ivester Jackson Blackstream

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

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

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

      333 Gashes Creek, Asheville, NC 28803

      Price$2,535,860The price has recently decreased

      MLS Number 3350628

      • Commercial
      • Square Feet 15817
      • Units 2
      • Acreage 2.14
      • Zoning Commercial

      Incredible medical investment opportunity! 8.71% Cap Rate on $220,965 NOI. Long term national credit tenant in place since 2011. 100% leased property including additional apartment building. Main tenant signed new 5 year NNN lease in October 2017. 2.14 acre site may allow for expansion, additional development. Easy Access right at I-40 interchange. Adjacent to I-40 interchange to Fairview and Downtown Asheville.

      Listed by Jason Burk of Whitney Commercial Real Estate

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

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

      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 01/16/2018

      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: 3.94% last updated on 2017-12-21

      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 01/16/2018

      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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      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

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

      Asheville, NC 28806

      Price$2,275,000The price has recently decreased

      Pending

      MLS Number 3161761

      • Commercial
      • Square Feet 6049
      • Units 3
      • Acreage 25.79
      • Zoning Residential

      Multi-family development opportunity. 25.79 acres on Old Haywood Road only 5.8 miles from center of Asheville. Potential for development of up to 200 multifamily units. Grocer, pharmacy, etc. nearby. Three rental units currently produce net of $25,000 per year. Shown by appointment only. Includes PIN 9628-13-2010-00000.

      Listed by Roy Borden of NAI Beverly-Hanks

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      Price Down Payment Interest Rate Years
      %

      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

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

      5 Rockcliff, Asheville, NC 28801

      Price$1,950,000The price has recently decreased

      MLS Number 3337841

      • Commercial
      • Bathroom 6
      • Units 1
      • Acreage 1.02
      • Zoning Institutional

      Unique & Attractive 8,183sf Medical Office Building on 1.02 Acres in the Heart of Asheville's Medical District. Ample Parking w/ Separate Lots for Staff and Patrons. 6 Restrooms (5 Lavatory & 1 Full w/ Shower). Excellent Access to site, w/ access from Choctaw Street, Biltmore Avenue, Doctor's Park and Hamilton Street. Attractive Atrium Lobby with Wood Ceilings & Fireplace, 2 Weather-Secure Entry/Exits and Balcony/Deck on 2nd Floor of Building. Excellent property for Owner/Operator or Investment!

      Listed by James Diaz of Covestar Investment Realty

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

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

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

      3545 Black Camp Gap, Maggie Valley, NC 28751

      Price$1,650,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3302985

      • Residential Single Family
      • Bathroom 6
      • Square Feet 8950
      • Bedrooms 4
      • Acreage 15.6

      Custom built one owner log home estate on 15.6 acres. Home features 4 huge bedrooms and 3 bonus rooms with closets. Included are 4 park model cabins for guests, rental income or caretakers. Beautiful pond with waterfall. Large wrap around decks, fruit trees and gated entrance. Walking distance to Blue Ridge Parkway and several hiking trails. Currently on a vacation rental program. Great income!

      Listed by Ben Glover of 1st Choice Realty

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

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

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

      28782

      Price$1,500,000The 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, new air conditioning in retail space. 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
      %

      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

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

      415 Bluebird, Marshall, NC 28753

      Price$1,499,900The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3339423

      • Residential Single Family
      • Bathroom 2
      • Square Feet 2226
      • Bedrooms 3
      • Acreage 124.33

      Exceptional farm with 25 acres of pasture and three very comfortable, well finished dwellings (3BR, 2BR & 1 BR). Great rental history or use them for family. Own the entire cove, ridge top to ridge top with outstanding views and pastoral setting. Huge hay barn and storage bld. Graded area for dressage rink; existing clay tennis court; graded pad up high with underground power for another house. Cleared trails throughout for riding. Just 5 min to Ingles in Marshall, 19 mins to Weaverville.

      Listed by John Haynes of Keller Williams - Black Mtn.

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      Price Down Payment Interest Rate Years
      %

      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

      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: 3.94% last updated on 2017-12-21

      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

      MLS Number 3315655

      • Commercial
      • Square Feet 2600
      • Units 6
      • Acreage 140
      • Zoning Residential

      Incredible mountain paradise. 140+ acres tucked away at the end of Turkey Creek Road. Five 1BR cabins with fireplaces, open floor plans, internet. Property features 36'x72' 8-stall barn, 3-stall garage with 12-foot doors, large rock outcroppings, many home sites, underground utilities, independent septic tanks, well-placed roads and paths. 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: 3.94% last updated on 2017-12-21

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

      26 S Broad, Brevard, NC 28712

      Price$1,420,000The price has recently decreased

      MLS Number 3188347

      • Commercial
      • Square Feet 9958
      • 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: 3.94% last updated on 2017-12-21

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

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

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

      302 S Main, Waynesville, NC 28786

      Price$1,350,000The price has recently decreased

      MLS Number 3310488

      • Commercial
      • Square Feet 13536
      • Units 4
      • Acreage 1.83
      • Zoning Commercial

      Investment opportunity. 10,960-square foot strip center with 11 roadfront stores, one 288-square foot stand-alone building and one 2,288-square foot home with upper and lower living quarters. Approximately 92 parking spaces. City utilities. Walking distance to Downtown Waynesville. All building features and information to be verified. Additional PINs included (8615-25-1596, 8615-25-1741).

      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: 3.94% last updated on 2017-12-21

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

      3 Pine Forest, Lake Toxaway, NC 28747

      Price$1,295,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3299556

      • Residential Single Family
      • Bathroom 5
      • Square Feet 3519
      • Bedrooms 3
      • Acreage 1.01

      Great rustic charm on Lake Toxaway with a gentle walk to the lake, boat dock, 3 bed 3 full baths and 2 half baths, Large covered and uncovered deck, Perfect for large families. Great rental history.

      Listed by Jodi Moore of Landmark Realty Group

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

      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

      Pending

      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: 3.94% last updated on 2017-12-21

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

      408 Grace, Green Mountain, NC 28740

      Price$1,200,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3287680

      • Residential Single Family
      • Bathroom 8
      • Square Feet 5607
      • Bedrooms 5
      • Acreage 4.58

      Custom timber frame home built in a lodge style. Perfect place for large gatherings or as a vacation rental/investment. No expenses spared building this home. Wood scraped flooring, 3 gas fireplaces, radiant floor heat, an apartment for a caretaker. Land backs up to 188 ac tract. Fire pit is a great gathering space surrounded by native species. Media room has large built-in movie screen, game room w/pool table & patio & bonus rm as sixth bedroom. Furnishings negotiable, some exclusions apply.

      Listed by Diane Vander Linden of WNC Mountain Realty Group LLC

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

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

      188 Coxe, Asheville, NC 28801

      Price$1,150,000The price has recently decreased

      MLS Number 3343132

      • Commercial
      • Acreage 0.12
      • Year Built 1950
      • Modification Date 01/16/2018

      INVESTMENT OPPORTUNITY!! This space is fully leased with a 5-year tenant and a 3-year tenant. Located on Coxe Avenue in the Downtown Slope of Asheville. Close to the Mission Hospital System and walk-able to downtown. Great location on a very busy street.

      Listed by Paul Ellis of Pulliam Properties, Inc

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

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

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