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299 Jf Robinson Ln 8,868 SF Retail Building Mars Hill, NC 28754 $1,490,000 ($168.02/SF)

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INVESTMENT HIGHLIGHTS

  • Great redevelopment possibilities with excellent interstate frontage and visibility.
  • Twenty minutes from downtown Asheville.

EXECUTIVE SUMMARY

4.2 acres +/- located right at the on-ramp to I-26 at the Mars Hill exit within a 1 minute drive from Mars Hill College and twenty minutes from downtown Asheville. Great redevelopment possibilities with excellent interstate frontage and visibility. The original Western Steer Steakhouse building contains 8900 sf +/- and building can be repurposed as it has vaulted ceilings and exposed beams. There is another convenience store building that isn't given any additional value. Potential uses include multi-family, medical, retail, and light industrial. Topography is gentle with adequate parking for most uses.

PROPERTY FACTS Under Contract

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,868 SF
Building Class
C
Year Built
1983
Price
$1,490,000
Price Per SF
$168.02
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
4.24 AC
Zoning
R-A - Residential Agriculture
Parking
48 Spaces (5.41 Spaces per 1,000 SF Leased)
Frontage
75’ on j f robinson St

AMENITIES

  • Signage

NEARBY MAJOR RETAILERS

Starbucks
Ingles Markets
First Bank NC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
9757-11-6736
Land Assessment
$534,850
Improvements Assessment
$230,830
Total Assessment
$765,680
  • Listing ID: 29961326

  • Date on Market: 11/3/2023

  • Last Updated:

  • Address: 299 Jf Robinson Ln, Mars Hill, NC 28754

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