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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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2 E Market St , Black Mountain, NC 28711
$2,550,000
Est. Payment: $5,666.67/mo
0 Bed
0 Bath
0 Sqft
Status: Under Contract-Show | Days on site: 142
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NCM13590 - wburk
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House Description

Located within the highly regarded Village of Cheshire, this fully leased neighborhood retail center offers investors the rare opportunity to acquire a stabilized asset in one of Western North Carolina’s most charming and thoughtfully designed communities. The property sits just 1.2 miles from downtown Black Mountain and approximately 13 miles east of Asheville in the heart of the Blue Ridge Mountains. The Village of Cheshire is a celebrated Traditional Neighborhood Development (TND) master-planned by internationally recognized urban planning firm Duany Plater-Zyberk & Company. Designed to create a vibrant environment where residents can live, work, and play, the community features a walkable layout, diverse housing styles, scenic green spaces, and pedestrian-friendly streets that foster an active village atmosphere. The commercial component of the Village Center serves as the social and retail hub of the neighborhood and is currently 100% leased to nine tenants. The center features a strong mix of four popular food and beverage concepts complemented by wellness and lifestyle-oriented businesses including a salon, chiropractor, yoga studio, and massage therapy practice, creating consistent daily traffic and strong community engagement. Surrounded by a unique blend of Craftsman and English Tudor-style homes, cottages, townhomes, and apartments, the Village of Cheshire provides a built-in customer base while also benefiting from the tourism and lifestyle appeal of nearby Black Mountain—often called “the Little Town that Rocks.” With its walkable village setting, diverse tenant mix, and stable occupancy, this property represents a rare chance to own a core neighborhood retail asset in one of the most desirable mountain communities in Western North Carolina.

Highlights

Listed by Jason Burk , 828-674-2120 Whitney Commercial Real Estate , 828-665-9085.

Property Type

Commercial Sale

Lot/Acreage
1.34

Year Built

2000

County

Buncombe

Listing ID

4355572

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Below Ground Sq Ft:0

Exterior Features

Zoning:TND
Principal Interest
$5,667
Taxes
$1,626

Home Price

$2,550,000

Loan Details

30 yrs
%

Down Payment

20%
$510,000
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Monthly Price:
$5,666.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,666.67 $1,625.63 $0.00 $7,292.29
Yearly $68,000.00 $19,507.50 $0.00 $87,507.50
Total $2,040,000.00 $585,225.00 $0.00 $2,625,225.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Black Mountain, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.