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2968 US Highway 70, Black Mountain, NC 28711 2968 US Highway 70 7,818 SF 100% Leased Flex Building Black Mountain, NC 28711 $1,000,000 ($127.91/SF)



Executive Summary
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.
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.
Property Facts Under Contract
| Price | $1,000,000 | Lot Size | 1.70 AC |
| Price Per SF | $127.91 | Rentable Building Area | 7,818 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Flex | Year Built | 1973 |
| Property Subtype | Light Manufacturing | No. Drive In / Grade-Level Doors | 6 |
| Building Class | C | ||
| Zoning | HB-8 - Highway Business | ||
| Price | $1,000,000 |
| Price Per SF | $127.91 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | C |
| Lot Size | 1.70 AC |
| Rentable Building Area | 7,818 SF |
| No. Stories | 2 |
| Year Built | 1973 |
| No. Drive In / Grade-Level Doors | 6 |
| Zoning | HB-8 - Highway Business |
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Not bikeable
10/100
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Presented by
Greybeard Realty
2968 US Highway 70, Black Mountain, NC 28711 | 2968 US Highway 70
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