
Black Mountain, NC602 & 600 W State Street
Price$3,700,000
MLS Number CAR3820185
- Commercial
- MLS Status Active
- Property SubType COMMERCIAL
- Year Built 1958
- Acreage 4.22
Redevelopment opportunity! Two hotels, 4.22 acres, 580' frontage on US Hwy 70, blocks from the Black Mountain CBD! Strong location for large box retail, grocery, QSR or national credit tenants. Both hotels (42 rooms) are deemed to have no value and the combined lands will be sold as a package. Land behind the hotel "crests" to about a ~20' knoll then falls to the back property line - sell the dirt, give it away, or seek value-add opportunities via the movement of dirt. Available utilities, highway level access, multiple curb cuts - good time for a use change! Do not disturb residents, no drive-ons - call agent to schedule showings.
Listed by Mark Morris of NAI Beverly-Hanks
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