Colonel Lawrence M. Allen House (circa 1849) & separate guest cottage (circa 1850) on the National Historic Registry in Downtown Marshall. This is truly a rare opportunity to own a piece of history, the oldest home on Main Street, with extensive outdoor space, in the thriving mountain Town of Marshall, 30 minutes North of Downtown Asheville and on the French Broad River. Opportunities for a residential home w/separate 1BR cottage that has a small kitchen & bathroom OR business OR combination live/work. This home has just undergone a complete renovation and approximate 1000 sq ft addition. Each room was taken down to the studs and built back with attention to every detail. New windows throughout the main house, new HVAC, new hardwood floors downstairs, new plumbing, gorgeous gourmet kitchen addition to include commercial grade appliances, sunroom dining area and lots of counter space. Seven fireplaces remain among the home’s defining architectural features, with new gas lines in place for future gas-log installation. Primary BR addition of large walk in closet or sitting room and all new bathroom fixtures. New exterior/interior paint as well as renovated front upper and lower porches. Not enough room here for all the details but happy to provide a more detailed list of the renovation upon request. Come be part of this artistic & entrepreneurial community. Historic, flexible and deeply connected to its surroundings, the Allen House provides the chance to help write the next chapter of Downtown Marshall. *Helene waters only came in the first story and quickly receded, the owners took this opportunity to do a whole house renovation which included a 2-story addition. This was the only time this house flooded and Helene did not impact guest cottage.
New price for Prime Downtown Marshall Income-Producing Investment Own a piece of historic downtown Marshall with this distinctive two-story brick commercial and residential building, fully leased and generating $5,200 per month in rental income. The property features charming retail space on the main level with soaring 17’ ceilings and three apartments above, creating a diversified income stream in one of Marshall’s most desirable and walkable locations. The building’s historic brick architecture and prominent Main Street presence offer exceptional character and visibility, while the combination of commercial and residential tenants provides an attractive investment profile. The property was remodeled and updated in 2015 and again in 2025, offering modern improvements while preserving its historic charm. With all four spaces currently rented, this property offers immediate income with no lease-up required and the potential to benefit from Marshall’s continued revitalization and growing appeal as a destination for residents, tourists, visitors, and businesses. Historic character. Established income. Prime downtown location. A compelling opportunity for the investor looking to own a piece of Marshall’s future.
Rare Mountain Opportunity with Proven Income! Discover an extraordinary, multi-faceted WNC property combining historic charm, modern flexibility, and steady commercial income. Situated on a rare, flat 4.4-acre lot along a level, pristine level 3 trout-fishing river, this unique offering features a beautifully maintained 1950s farmhouse (4 beds, 2.5 baths, newly added central air) alongside a completely separate, modern 1-bed/1-bath ADU—ideal for guests, extended family, or on-site management. A thriving 68 unit storage facility (6,000 sq ft) featuring drive-up units currently operating at 100% capacity with consistent local demand with very little operating expense. This property has huge upside and opportunity to grow with room to add additional dwellings, or RV/Trailer storage. Perfectly positioned just minutes from Marshall, Hot Springs, and Greeneville, TN. Live where you play, earn while you sleep, and own a true piece of Madison County heaven! Call for your showing today!
Beautiful 2,584 sq ft metal commercial building on 1.50 acres with an additional 2.5 acres available (purchase separately or add $100,000 to listing price for all 4 acres). The main shop area offers approx. 2,000 sq ft of open workspace plus a 322 sq ft office/waiting area and bathroom. Interior is fully finished with metal walls to the ceiling, insulated, enclosed metal ceiling, epoxy floors, and quality construction throughout. Equipped with air, gas heat, air compressor, lift, storage tank, and 3-phase power available at the road. Fiber optic internet on site. Building and select shop items convey. Property includes septic and a shared well (short-term use negotiable until buyer installs their own). Zoned Residential with commercial exception. Located on NC Hwy 213, approx. 6 miles west of Mars Hill, offering excellent visibility and access. The current operator has maintained a strong business with a great CAP rate and routinely turned away work due to demand. Specializing in German vehicles (BMW/Mercedes). Business name does not convey. Additional acreage provides room for expansion, storage, or future development. Motion activated night vison and 2 way audio.
Andrea Conner, License #298336, Xome Inc., License #C24582, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Data is obtained from various sources, including the Internet Data Exchange program of Canopy MLS, Inc. and the MLS Grid and may not have been verified. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. The listing broker, Canopy MLS Inc., MLS Grid, and Xome Inc. shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. Data provided is exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information and may be listed or sold by various participants in the MLS. Copyright 2026 Canopy MLS, Inc. All rights reserved. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with this website or services infringes your copyright, you (or your agent) may send a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to [email protected].
Marshall is located in North Carolina. Marshall, North Carolina has a population of 668. Marshall is less family-centric than the surrounding county with 27.63% of the households containing married families with children. The county average for households married with children is 27.9%.
The median household income in Marshall, North Carolina is $45,375. The median household income for the surrounding county is $51,396 compared to the national median of $69,021. The median age of people living in Marshall is 46.6 years.
The average high temperature in July is 84.4 degrees, with an average low temperature in January of 24.6 degrees. The average rainfall is approximately 39.8 inches per year, with 17.4 inches of snow per year.
