Versatile Investment Property with High Visibility and Prime Location in Swannanoa Rare opportunity to own a multi-use property with back frontage on I-40 and arterial access to the busy US-70 corridor. Ideally located between Black Mountain and Swannanoa’s growing commercial and retail districts. Zoned BC-EMP, this property offers flexibility for a variety of commercial, retail, or mixed-use applications. The site currently features a retail showroom and two furnished vacation rental—most furnishings in STRs convey. The lot previously hosted two mobile homes; one pad remain in place- fully graded. A two-story ADU (vanilla shell) and a detached storage shed are also on-site. Large parking area with RV spot. Traffic count 13,000 VPD on US-70 and 35,000 VPD on I-40, yet topo creates for less noise. Whether you’re looking to expand business, develop additional units, or hold for future appreciation, this property is a strategic buy in a thriving area. Res MLS 4276600 LEASE Option!
Prime CS-zoned assemblage of 10 tracts with est. 1,200’ road frontage! Well suited for multifamily, manufacturing, industrial, warehouse/distribution or data center (non-crypto) development. Predominantly high-elevation with minimal post-Helene flood risk; small fringe in floodplain. Includes an on-site pond- formerly a Grovestone mining pit, offering potential for backfill or stormwater retention minimizing development costs. 5 & 19 Watson single-family residences may be excluded. Exceptional location for transit warehousing, logistics, big data or industrial operations! Agent must accompany, NO unauthorized access due to active heavy equipment operations.
+/- acre property nearby two recent (60, 95 units) multifamily developments in Swannanoa, NC. Property is located 15-20 minutes from downtown Asheville. This potential affordable housing development site is located outside the city limits of Asheville. Sewer line runs along small stream in front of the two houses. No value placed on houses. Houses have month to month tenants according to the owner. Property is +/- 1 mile from I-40 (AADT of +/- 50,000) and +/- 10 minutes from the VA hospital, the Blue Ridge Parkway and John B Lewis soccer fields. This section of US 70 has AADT of +/- 11,000. Please note that the property has a sewer easement along Franklin Rd.
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].
Swannanoa is located in North Carolina. Swannanoa, North Carolina has a population of 4,589. Swannanoa is more family-centric than the surrounding county with 33.37% of the households containing married families with children. The county average for households married with children is 27.17%.
The median household income in Swannanoa, North Carolina is $47,633. The median household income for the surrounding county is $59,699 compared to the national median of $69,021. The median age of people living in Swannanoa is 36.8 years.
The average high temperature in July is 83.8 degrees, with an average low temperature in January of 26 degrees. The average rainfall is approximately 44.2 inches per year, with 9.6 inches of snow per year.
