$1,299,000
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1114 Montreat Road Black Mountain, NC 28711
General Commercial
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Unique commercial or re-development opportunity. Previously used as an assisted living facility, the 12,855 sf main building (with 26 bedrooms, 14 full baths, 5 half baths) and 1328 sf house sit on nearly 2 acres along Flat Creek. Recently re-zoned to UR-8 (up to 8 lots per acre), the land is nearly... flat. The building is in fair condition but needs updating. House has been gutted; both could be renovated to accommodate a variety of potential uses, or raze the buildings and create a creekfront residential development a mile from downtown. Road frontage with public sidewalk. Permitted Uses include Shared housing/Community living facilities, Single-family, duplexes, gov't facilities, and places of worship. Special Uses (permit required) include Conservation Subdivision, Cottage Housing Subdivision, Residential PUD, MHP, and Multi-family. Other potential uses (with added requirements) include Boarding House, Family Care Home, Agriculture, and B&B. Portion of property in flood plain.
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MLS#
4000302
Property Type
General Commercial
Year Built
1963
Lot Size
1.96
Sewer
Public Sewer
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