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470 Brickyard Rd
Etowah, NC 28729
Chelsea's Restaurant and Event Center · Retail Property For Sale
Investment Highlights
- Standalone Restaurant & Event Property–Independent hospitality asset offering full operational and branding control
- Indoor & Outdoor Event Capacity–Flexible event spaces, including an outdoor area accommodating up to 150 guests.
- Ample Acreage & Parking–Approximately 4± acres allow for parking, outdoor use, and future flexibility
- Restaurant + Event Revenue Model–Designed to support daily dining alongside private events and catering.
- Perfectly positioned between Asheville, Brevard, and Hendersonville
- Turnkey Kitchen & Buildout–Existing commercial kitchen and improvements reduce startup and transition costs
Executive Summary
This is a rare opportunity to acquire a purpose-built, independent restaurant and event venue in a growing Western North Carolina market, with strong regional accessibility, multiple income stream potential, and the ability to operate entirely independent of adjacent uses.
Chelsea’s Restaurant and Event Center is a standalone hospitality and event facility offered for sale at $2,350,000, situated on approximately 4± acres in Etowah, North Carolina, perfectly positioned between Asheville, Brevard, and Hendersonville. The property is being conveyed as a portion of a larger parcel, with final acreage and
boundaries to be determined by a seller-provided survey and recorded under the applicable Henderson County GIS PIN. The offering includes approximately 6,000 square feet of restaurant and event space, designed to support a wide range of commercial uses including dining, private events, weddings, and corporate functions. The facility features a 1,000± square foot commercial kitchen, allowing for full food service operations and catering flexibility. In addition to the interior space, the property offers a dedicated outdoor event area accommodating up to 150 guests, expanding capacity and providing additional revenue opportunities through seasonal and private event programming. The site’s acreage allows for ample parking, outdoor functionality, and future operational flexibility.
Chelsea’s Restaurant and Event Center is a standalone hospitality and event facility offered for sale at $2,350,000, situated on approximately 4± acres in Etowah, North Carolina, perfectly positioned between Asheville, Brevard, and Hendersonville. The property is being conveyed as a portion of a larger parcel, with final acreage and
boundaries to be determined by a seller-provided survey and recorded under the applicable Henderson County GIS PIN. The offering includes approximately 6,000 square feet of restaurant and event space, designed to support a wide range of commercial uses including dining, private events, weddings, and corporate functions. The facility features a 1,000± square foot commercial kitchen, allowing for full food service operations and catering flexibility. In addition to the interior space, the property offers a dedicated outdoor event area accommodating up to 150 guests, expanding capacity and providing additional revenue opportunities through seasonal and private event programming. The site’s acreage allows for ample parking, outdoor functionality, and future operational flexibility.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,000 SF
Building Class
B
Year Built
1989
Price
$3,212,568 CAD
Price Per SF
$535.43 CAD
Percent Leased
100%
Building Height
1 Story
Lot Size
521.52 AC
Zoning
R-1
Parking
42 Spaces (7 Spaces per 1,000 SF Leased)
Frontage
752’ on County Road 1322
Property Taxes
| Parcel Number | 9963128 | Improvements Assessment | $3,652,348 CAD |
| Land Assessment | $2,315,646 CAD | Total Assessment | $5,967,994 CAD |
Property Taxes
Parcel Number
9963128
Land Assessment
$2,315,646 CAD
Improvements Assessment
$3,652,348 CAD
Total Assessment
$5,967,994 CAD
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