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Investment Highlights

  • Historic Charm
  • Versatile Use
  • Spacious Layout
  • Prime Location

Executive Summary

Discover a rare, once-in-a-lifetime investment opportunity in the heart of Black Mountain, NC. This historic 100-year-old inn blends authentic architectural charm with immense commercial potential. Perfectly positioned in the "Front Porch of Western North Carolina," this estate offers 11 spacious bedrooms and 9 bathrooms, making it an ideal candidate for a premier boutique hotel, bed and breakfast, or corporate retreat. The true value lies in the expansive 2-acre site, a rarity in this highly sought-after market. With prime commercial zoning, the property is a blank canvas for development, offering ample space for luxury glamping sites, private event facilities for weddings, or additional guest structures to maximize your investment. Its location near downtown Black Mountain—known for its artisanal shops and craft breweries—and proximity to vibrant Asheville ensures steady year-round interest. This property offers the perfect balance of timeless character and scale, providing a unique foundation for any visionary hospitality operator. Whether you aim to restore a historic landmark or develop a multi-faceted retreat, this iconic estate stands as a legacy asset in one of the region’s most desirable locations.

Property Facts

Price $2,039,250 CAD
Price Per Room $407,850 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype
Bed and Breakfast
  • Hospitality Hotel
Building Class B
Lot Size 2.19 AC
Building Size 4,823 SF
No. Rooms 5
No. Stories 2
Year Built/Renovated 1830/1990
Parking Ratio 2.07/1,000 SF
Corridor Interior
Zoning OI-6 - Office

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 5 $254.23 CAD -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 0609-84-3276-00000
  • 0609-84-4034-00000
Land Assessment
$246,368 CAD
Improvements Assessment
$1,138,092 CAD
Total Assessment
$1,384,460 CAD
  • Listing ID: 36215537

  • Date on Market: 2025-06-11

  • Last Updated:

  • Address: 1186 Old Us Hwy 70 W, Black Mountain, NC 28711

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