2968 US Highway 70 - Light Manufacturing FOR SALE


Black Mountain, NC 28711
$1,000,000 USD
828-374-1522
2968 US Highway 70, Black Mountain, NC for Sale
$1,000,000 USD
Light Manufacturing - FOR SALE
1/22
null | Request Cap Rate

2968 US Highway 70
Black Mountain, NC 28711


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$128 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

2968 US Highway 70, Black Mountain, NC 28711

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

6

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.7

LAND SF

74,052

ZONING

HB-8

APN/PARCEL ID

0609320755

ASK ABOUT THIS PROPERTY

Bill RobertsGreybeard RealtyMore Info
828-374-1522

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Bill RobertsGreybeard RealtyMore Info
828-374-1522

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.