Brand new construction, fully leased six-unit apartment complex in Mars Hill. Each of the 878 SF units features a modern 2 bed, 2 bath layout and private parking for Tenants. Perfectly positioned in a rapidly growing area near Mars Hill University and just minutes from I-26, this property offers unbeatable convenience for tenants and a golden opportunity for investors. With high demand, limited rental supply, and an estimated 7% cap rate, this property promises substantial returns and smart savings, thanks to low holding costs from its septic system, well water, and county location. It's not just a property—it's your gateway to investment success. Assisted showings only, no drive-bys. For more details, check out our brochure in the attachments. Listed as Multi-Family Sale, MLS# 4168133
Prime Investment Opportunity! This 5.58-acre property boasts significant commercial road frontage and includes a home with 3 bedrooms and 2 baths. Additionally, there is a single-wide mobile home featuring 3 bedrooms and 1 baths, perfect for rental income or guest accommodation. The property also offers 36 storage units, providing a steady revenue stream, and an office area to manage your business operations. With its excellent location and versatile facilities, this property is ideal for investors or entrepreneurs looking to expand their portfolio. Don’t miss out on this unique opportunity!
3.6 acres +/- located right at the on-ramp to I-26 at the Mars Hill exit within a 1 minute drive from Mars Hill College and twenty minutes from downtown Asheville. Great redevelopment possibilities with excellent interstate frontage and visibility. The original Western Steer Steakhouse building contains 8900 sf +/- and building can be repurposed as it has vaulted ceilings and exposed beams. There is another convenience store building that isn't given any additional value. Potential uses include multi-family, medical, retail, and light industrial. Topography is gentle with adequate parking for most uses.
Outstanding 4.24 ac commercially zoned site located just 1 block west of Exit 11 at I-26 and 5 blocks east of Mars Hill College and the downtown central busy district. Utilities have not been verified to the site albeit a Dominion Energy (Gas) line is marked on the site. An estimated 50-60% of the site is gently sloping while the remainder slopes more heavily toward Hwy 213 (Carl Eller Rd.). Adjacent uses east include a Comfort Inn & HFK Concrete Pumping business while retail "strip" forms the southern boundary. From I-26 to town, melded uses along the 1.2 mile Hwy 213 stretch include retail, grocery, institutional, service, local and franchise eateries!
A unique commercial property, offering possibilities for your business ventures. Perfect for a wide range of businesses, from breweries to restaurants, and its location ensures visibility from the road. Key Features: Roll-Up Garage Doors: one 10-foot and one 12-foot roll-up garage door, with framing in place for an additional 10-foot door. With a generous 2.69-acre lot, this property offers outdoor space, envisioning a welcoming outdoor seating area, a spacious garden, or a potential expansion of your business. The zoning permits a wide array of businesses, suitable for a brewery, landscape company, retail shop, or restaurant. The listing includes two buildings 160 and 180 spread across two parcels. This is advantageous if you wish to divide your business operations or lease out a portion of the property. There is current tenant that will vacate upon sale. Underground oil tank on property. Two Pins; 9747-83-8980 /9747-84-7026. Property has Water and Sewer (4-inch line)
High visibility and rare prime Madison County commercial acreage zoned C2 Highway Business with many permitted uses. Quick on/off access to I-26 @ Exit 11 for easy access to Asheville, Marshall, Weaverville & E. TN. 105' MOL on HWY 213 & approx 650' frontage on Roy Edwards. Excellent opportunity to create a business right next to Builder's Express hardware store, Ingles, Madison County Welcome Center, Mars Hill University and the growing business district of downtown Mars Hill which has a thriving downtown area that includes a coffee shop, brewery, bakery & multiple resturants/galleries. Has town water and potential for sewer which the tap will need to be applied for at Town of Mars Hill. New survey as of June 2021. Red GIS line in pic is an approximation.
This unique property has a wide variety of potential uses as it includes two high end structures built by Deltec and a total of 5.11ac with plenty of room for additional development. The majority of this parcel is flat and sits adjacent to I-26 so advertising visibility is substantial. The two structures on the property are utilized as the Deltec Homes sales center and are an incredible example of the company's dedication to the highest quality modern design and green building practices. Building one is 4,720sf and building two is 1,500sf and a net zero energy structure. With the combination of buildable land and the existing structures, this property could be utilized as an office/corporate headquarters, private or commercial retreat center, rental community, private estate, or any number of development options. Only 5 minute's drive to the town of Mars Hill and Mars Hill University, and 20 minutes to Downtown Asheville.
The median home value in Mars Hill, NC is $396,662. This is higher than the county median home value of $333,900. The national median home value is $338,100. The average price of homes sold in Mars Hill, NC is $396,662. Approximately 51.23% of Mars Hill homes are owned, compared to 36.36% rented, while 12.41% are vacant. Mars Hill real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Mars Hill real estate agent to arrange a tour today!
Mars Hill, North Carolina has a population of 2,802. Mars Hill is more family-centric than the surrounding county with 32.58% of the households containing married families with children. The county average for households married with children is 27.9%.
The median household income in Mars Hill, North Carolina is $67,125. The median household income for the surrounding county is $51,396 compared to the national median of $69,021. The median age of people living in Mars Hill is 25.4 years.
The average high temperature in July is 84.4 degrees, with an average low temperature in January of 24.8 degrees. The average rainfall is approximately 45.2 inches per year, with 15.3 inches of snow per year.