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$ 4,500,000
Est. payment /mo
New
173 E Chestnut ST Asheville, NC 28801
7 Baths
0.68 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4303292
Year Built 1889
Lot Size 0.680 Acres
Acres 0.68
Property Sub-Type 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.
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.
Location
State NC
County Buncombe
Zoning OFFICE
Rooms
Basement Unfinished
Interior
Flooring Wood
Inclusions Building, Fixtures, Land
Exterior
Utilities Available Electricity Connected
Roof Type Composition
Street Surface Paved
Accessibility Two or More Access Exits
Building
Dwelling Type Site Built
Foundation Basement
Sewer Public Sewer
Water Public
Structure Type Wood
New Construction false
Others
Senior Community false
Restrictions No Representation
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Jay Lurie • The Real Estate Center • lurie.jay@gmail.com
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