Investment and Development Opportunity
This offering includes three income-producing properties situated on approximately 1.68 acres, presenting significant redevelopment potential.
• Building 1: ±2,720 square feet, currently utilized for automotive storage and repair.
• Building 2: ±1,760 square feet, also configured for vehicle storage and repair.
• Building 3: ±3,338 square feet, comprising a hair salon, one residential apartment, and six self-storage units.
The property at 2968 US Highway 70 is strategically located directly across from the Ingles corporate offices and distribution warehouse, a 120-acre campus encompassing more than 1.3 million square feet. The site benefits from strong visibility and accessibility along a well-established commercial corridor that includes businesses such as Goodwill, Black Mountain Tire, Pisgah Brewing Company, Hopey & Company, AutoZone, Dollar General, and others.
The property is zoned HB-8, allowing for a wide range of residential and commercial uses. All utilities are available on-site.
This asset offers multiple value-add opportunities, including holding for stable cash flow while expanding the existing self-storage component, repositioning for owner-user occupancy, or pursuing redevelopment for multifamily or mixed-use purposes.
Please contact the listing agents for detailed income and expense information. Kindly do not disturb tenants.