2968 US 70 Highway

 
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Acreage: 1.70

Community: Black Mountain in Buncombe County

Acreage: 1.70

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You will be hearing from us soon. In the meantime, if you'd like to learn more about this property, click here

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If You Have Any Other Questions, Call Us At 1(888)-247-3466

Investment and Development Opportunity This offering includes three income-producing properties situated on approximately 1.68 acres, presenting significant redevelopment potential. • Building 1: ±2,720 square feet, currently utilized for automotive storage and repair. • Building 2: ±1,760 square feet, also configured for vehicle storage and repair. • Building 3: ±3,338 square feet, comprising a hair salon, one residential apartment, and six self-storage units. The property at 2968 US Highway 70 is strategically located directly across from the Ingles corporate offices and distribution warehouse, a 120-acre campus encompassing more than 1.3 million square feet. The site benefits from strong visibility and accessibility along a well-established commercial corridor that includes businesses such as Goodwill, Black Mountain Tire, Pisgah Brewing Company, Hopey & Company, AutoZone, Dollar General, and others. The property is zoned HB-8, allowing for a wide range of residential and commercial uses. All utilities are available on-site. This asset offers multiple value-add opportunities, including holding for stable cash flow while expanding the existing self-storage component, repositioning for owner-user occupancy, or pursuing redevelopment for multifamily or mixed-use purposes. Please contact the listing agents for detailed income and expense information. Kindly do not disturb tenants.

Listed by GreyBeard Realty
Attribution: [email protected]
Original Listing Price: 1,000,000
MLS #: ‍4351082
Listing Status: Under Contract
Days on Market: 26
Buying Firm Commission: Test

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Year Built: 1977

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