1828 Memorial Highway

Rare Commercial General (CG) zoning with this 3 bedroom home PLUS detached guest suite and large stable-style carport workshop. Enjoy tons of flexibility with zoning, layout, outbuildings, and tons of parking. This is a chance to customize this property to suit your needs. The guest suite has a new (Q3 2024) mini-split HVAC unit and the main house a new (July 2025) HVAC condenser. New flooring in 2024. Full paint in 2024. The property was recently leased long-term with exceptional provable rental income. This already thriving area gained massive additional notoriety from international news coverage of hurricane Helene in 2024 and the historic sale of its most iconic resort property and public beach management contracts that same year. The area is ripe for redevelopment and bursting at its seems with commercial business and hospitality potential. The sellers are motivated to move on post-Helene -- bring all reasonable offers. Nestled just 25 miles from Asheville, this iconic, high-traffic destination boasts a 720-acre lake with 27 miles of shoreline, surrounded by 3,000+ ft peaks. With over 300,000 annual visitors and famed filming locations like Dirty Dancing, this market offers exceptional commercial potential for hospitality and tourism. Chimney Rock State Park is also located just minutes away to the East. This awe-inspiring 535-million-year-old monolith offering breathtaking 75-mile panoramic views of Hickory Nut Gorge and Lake Lure. Featuring a 315-foot granite spire, this iconic, accessible natural wonder draws over 400,000 visitors annually, providing unforgettable, scenic, and adventurous experiences.