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701 NC Highway 9
Black Mountain, NC 28711
Retail Property For Sale
EXECUTIVE SUMMARY
Investment, use or redevelopment opportunity assembled on two sites located off Exit 64 at the I-26/Hwy 9 interchange in Black Mountain! Use or investment opportunities include a potential sale-leaseback, expanded restaurant, freestanding retail, hotel/retail center development or a myriad of mixed-use concepts. Tract 1 is 1.337 acs with restaurant and anciliary structures while Tract 2 is 0.679 ac, vacant and level with sewer connectivity via Tract 1 - both sites assembled and ready for reconcept, use expansion, or reparcel. A new round-about intersection connecting Blue Ridge Rd and Ingles distribution warehouse is proposed in front of the site! Come join Ingles, Wendys, Taco Bell, and multiple national retailers in the block! Do not disturb occupants, by appointment only!
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,800 SF
Building Class
C
Year Built
1996
Price
$2,682,459 CAD
Price Per SF
$705.91 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.04
Lot Size
2.02 AC
Zoning
HB-8 - Highway Business
Parking
51 Spaces (13.42 Spaces per 1,000 SF Leased)
AMENITIES
- Restaurant
PROPERTY TAXES
| Parcel Number | 0619-32-4092-00000 | Improvements Assessment | $192,902 CAD |
| Land Assessment | $539,222 CAD | Total Assessment | $732,124 CAD |
PROPERTY TAXES
Parcel Number
0619-32-4092-00000
Land Assessment
$539,222 CAD
Improvements Assessment
$192,902 CAD
Total Assessment
$732,124 CAD
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