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173 E Chestnut Street , Asheville, NC 28801

$4,500,000
  • 173 E Chestnut Street , Asheville, NC 28801 Main Photo

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Active
MLS#4303292
STATUSActive PROPERTY TYPECommercial - Office

Property Description

Exceptional opportunity just a few blocks outside of the heart of downtown Asheville on highly sought-after East Chestnut Street. This 4,500± square foot property, originally built in 1889, is currently operating as a bed and breakfast and offers both immediate income potential and outstanding long-term versatility.Zoned Office (B&B use is grandfathered), the building provides flexible interior space ideal for continued hospitality use, boutique inn, professional office conversion, gallery, or creative workspace. In close proximity to top-tier restaurants, retail, hotels, and entertainment venues, this prime location delivers exceptional walkability, visibility, and year-round demand.Perfect for an owner-operator, investor, or future repositioning, this rare downtown asset combines historic character with modern income potential. Easy access to parking, public transit, and major thoroughfares further enhances value. A truly unique opportunity to own a revenue-generating property in one of Asheville's most desirable downtown corridors.

173 E Chestnut Street | MLS# 4303292

This commercial property located at 173 E Chestnut Street , Asheville, NC 28801 is currently listed for sale with an asking price of $4,500,000. Search Asheville real estate on www.lakenormanrealty.com today.

Property Features

Property Type: Commercial - Office
Basement: Unfinished
Basement: Yes
Lot Size: 0.68 Acres
Roof Type: Composition
Year Built: 1889

Feature Descriptions

Accessibility Features: Two or More Access Exits
Days on Site: 18
Exterior: Wood
Flooring: Wood
Foundation: Basement
Parcel#: 9649-43-9135-00000
Sewer: Public Sewer
Units: 14
Utilities: Electricity Connected
Water: Public

Listed By / Shown By

Listed By

Agency Name: The Real Estate Center
Agency Contact: lurie.jay@gmail.com

Shown By

Agency Title: Lake Norman Realty
Agency Phone: 704-450-1175

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