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.
Property Type(s):
Commercial
|
Year Built
|
1889
|
County
|
Buncombe
|
Additional Details
| BASEMENT |
Unfinished, Yes |
| LOT |
0.68 acre(s) |
| LOT DIMENSIONS |
0.68 |
| MLS STATUS |
Active |
| SEWER |
Public Sewer |
| UTILITIES |
Electricity Connected |
| WATER |
Public |
Location
Listed with The Real Estate Center
Date last updated: 2/27/26 3:06 PM PST
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This IDX solution is (c) Diverse Solutions 2026.
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