$825,000
For Sale

1100-1104 Montreat Road

Black Mountain, NC 28711
Type:Purchase
Structure:Mobile Home
Zone:Commercial

Description

1946 concrete block building apr 12,011 square feet under roof consisting of two floors with ground-level loading access on both floors and apx .25 acres of wrap-around concrete drive for access and loading. Originally a community grocery store, it has a rich history and was designated a bomb shelter during the Cold War. Current owners have had a metal-working shop there for 40+ years and have a grandfathered right to pass Light Manufacturing use on to next owner. There is currently a month-to-month lease with subtenant in place. Thick concrete walls built in "post and beam" construction, 4" cork insulation between floors, 2 chain joist systems, plenty of storage and workspace. The sale includes the additional property next door with a single-family home in need of complete renovation for a combined size of 1 acre MOL. UR8 Zoning on lot with the house/Grandfathered usage with UR8 zoning on lot with Machine Shop. Both lots sold together.

  • Property Details
      • Basement DescriptionBasement Garage Door, Basement Shop, Bath/Stubbed, Full, Interior Entry, Partially Finished, Storage Space, Walk-Out Access, Wal
      • Lot FeaturesCorner Lot, Level, Open Lot
      • Lot DescriptionCorner Lot, Level, Open Lot
      • Property SubtypeManufacturing / Warehousing
      • Parcel Number071041339300000
      • Property TypePurchase
      • FoundationBasement
      • CountyBuncombe
      • Original List Price$825,000
      • MLS #4071056
      • MLS #4071056
      • RoofRubber
      • Cost825000
      • Square Feet9785
      • Year Built1946
      • Days on Market (Cumulative)457
      • Basement1
      • Basement Finished1

Location

Eric MannReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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