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      48 Biltmore AvenueAsheville, NC 28801MLS Number 3350562

      • Price: $3,800,000The price has recently decreased
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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.

      • 0.1Acreage
      • 1925Year Built
      • 13094Square Feet
      • Built-UpRoof

      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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      Basic Information

      • Broker IDNCM33910
      • List Price$3,800,000
      • ListingBoardIDAsheville Board of Realtors
      • StatusSHOW
      • Broker NameEllington Realty Group
      • MLS Number3350562

      Interior

      • FeaturesDisplay Window, Fire/Smoke Alarm, Security System

      Location

      • CountyBuncombe
      • StateNC
      • StreetBiltmore
      • Building Number48
      • Zip28801
      • TownAsheville
      • DirectionsBiltmore Avenue in downtown Asheville.

      Utilities

      • HeatingCentral, Electric, Gas

      Amenities

      • CoolingCentral

      Photos

      • Number of Photos25
      • DatePhoto2018-01-30T14:12:16

      Building

      • Square Feet13094
      • RoofBuilt-Up
      • ConstructionBrick
      • ConstructionTypeSite Built

      Property

      • VOW1
      • Units1
      • Parking Spaces
      • Acreage0.1
      • Property Sub TypeFood Service
      • Property TypeCommercial

      Other

      • Year Built1925
      • Access FeaturesCity Street, Paved Road
      • Modification Date04/05/2018
      • View Count34

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