140 Sunset Drive, Blowing Rock, NC 28605

List Price
$3,250,000
Days on Market
227
Price Change
▼ $300,000 1743106650
Status
ACTIVE
Type
Commercial
MLS#
252836
County
Watauga
City
Blowing Rock
Acres
0.12
Year Built
1981

Property Description

HEART OF DOWNTOWN BLOWING ROCK 5,239 SF MIXED-USE BUILDING, completely renovated in 2023, with 2,625 SF leased retail space on the main level with outdoor display area, and two 2-bedroom furnished vacation rental apartments upstairs. Reflecting its proximity to Main Street (a half block away), this area was just rezoned “Town Center-East”. Commercial space has a 5-year lease with an option to renew. Detailed financial information is available for qualified buyers with a signed Confidentiality Agreement. Despite 2024 being its first full year of rental income, with bookings cancelled because of Hurricane Helene, the property is already demonstrating gross income of over $150,000. Two off-site deeded parking places are included for the use of the apartments.

Additional Information

Garage
Off Site
Heating
Electric, Forced Air
Road
Paved
Roof
Architectural, Shingle
Elementary School
Blowing Rock
High School
Watauga
Sewer
Public Sewer
Water Source
Public
Zoning
Central Business, Other-See Remarks

Mortgage Calculator

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This Listing is courtesy of Sue Glenn with Blowing Rock Properties, Inc. (828) 295-9200

The information from this search is provided by the High 'Country Multiple Listing Service. Please be aware that not all listings produced from this search will be of this real estate company. All information is deemed reliable, but not guaranteed. Please verify all property information before entering into a purchase.”