Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    NO

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Property Type

    Commercial Sale

  • Property Sub Type

    Industrial

Price

  • Sales Price

    $1,800,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Slab

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

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Location

County

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Listing Courtesy of Aaron Palmer , CENTURY 21 Connected

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Agent Zaneta Mowatt

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Zaneta Mowatt

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Black Mountain Mini Storage at 440 E State St, Black Mountain, NC offers investors the opportunity to acquire a fully stabilized self-storage asset in one of Western North Carolina’s most sought-after markets. This 20,095 SF facility features 182 units, was built in 1994, and is currently 100% occupied, delivering immediate in-place cash flow. Positioned along highly accessible E State Street, the property benefits from strong visibility, direct access, and proximity to both downtown Black Mountain and Asheville. Current gross revenue is approximately $204,000 annually, with additional upside through strategic rent increases, as current rates are below market across key unit sizes. Offered at $1,800,000, or approximately $90/SF, this asset presents an attractive below-replacement-cost basis with clear value-add potential. The offering also includes the possibility for future expansion of approximately 1,000–2,000 NRSF, giving investors another avenue for long-term growth. With strong occupancy, proven demand, and immediate revenue enhancement potential, this is a compelling chance to own a high-performing storage property in a thriving mountain submarket.

* Drive by only without an appointment. Please do not go in and speak to the manager. All showings are by appointment only with 24 hour notice.

440 E State Street

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Related Properties

Step into a once-in-a-lifetime investment opportunity in the heart of the Blue Ridge Mountains. This historic inn dating back to the 1800s in Black Mountain, NC, seamlessly blends original architectural charm with massive commercial potential. Perfectly positioned in one of Western North Carolina's most highly sought-after tourist destinations, this property is a dream acquisition for hospitality investors, boutique hotel operators, or visionary developers.

The Inn: Timeless Character Meets Scale
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Accommodations: Featuring 7 spacious bedrooms and 9 bathrooms, the inn is perfectly configured to operate as a premier bed and breakfast, boutique hotel, or exclusive corporate retreat.

Historic Charm: Original details and craftsmanship have been carefully maintained, offering guests an unforgettable, authentic mountain getaway experience that modern builds simply cannot replicate.

The Land: Limitless Commercial Expansion
The true unparalleled value of this estate lies in the land. Situated on over 2 acres of prime commercial property, the site offers a wealth of expansion opportunities in a market where commercial acreage is exceptionally rare.

Development Potential: The expansive footprint provides the perfect canvas to build additional guest structures, luxury glamping sites, or standalone rental cabins.

Event Venue Capabilities: Transform the sprawling grounds into a premier destination for weddings, retreats, and private events, creating lucrative multiple streams of income.

Unbeatable Black Mountain Location

Affectionately known as "The Front Porch of Western North Carolina," Black Mountain boasts a thriving downtown filled with artisanal shops, craft breweries, and top-tier dining—all just minutes from the vibrant city of Asheville. Properties of this magnitude and historical significance in such a high-demand market are a profound rarity.

Secure Your Legacy

Whether you are looking to restore a historic bed and breakfast to its former glory or develop a multi-faceted commercial retreat, this Black Mountain estate is the ultimate canvas.
#4258650

Black Mountain

1186 Old US 70 Highway

None Beds

None Baths

4,703 Sq.Ft.

$1,500,000

MLS#: 4258650

 - property

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