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173 E Chestnut St
Asheville, NC 28801
Blind Tiger Asheville · Hospitality Property For Sale
·
14 Rooms
INVESTMENT HIGHLIGHTS
- Close proximity to Downtown Asheville
EXECUTIVE SUMMARY
Exceptional opportunity just a few blocks outside of the heart of downtown Asheville on highly sought-after East Chestnut Street. This 4,500± square foot property, originally built in 1889, is currently operating as a bed and breakfast and offers both immediate income potential and outstanding long-term versatility. Zoned Office (B&B use is grandfathered), the building provides flexible interior space ideal for continued hospitality use, boutique inn, professional office conversion, gallery, or creative workspace. In close proximity to top-tier restaurants, retail, hotels, and entertainment venues, this prime location delivers exceptional walkability, visibility, and year-round demand. Perfect for an owner-operator, investor, or future repositioning, this rare downtown asset combines historic character with modern income potential. Easy access to parking, public transit, and major thoroughfares further enhances value. A truly unique opportunity to own a revenue-generating property in one of Asheville’s most desirable downtown corridors.
PROPERTY FACTS
AMENITIES
- High Speed Internet Access
- Patio
- Boutique/Lifestyle Hotel
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 5 | $201.00 | - |
| Guest Room | 9 | $194.00 | - |
PROPERTY TAXES
| Parcel Number | 9649-43-9135-00000 | Improvements Assessment | $2,690,400 |
| Land Assessment | $93,500 | Total Assessment | $2,783,900 |
PROPERTY TAXES
Parcel Number
9649-43-9135-00000
Land Assessment
$93,500
Improvements Assessment
$2,690,400
Total Assessment
$2,783,900
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