$2,895,000 674 Biltmore Avenue Asheville, NC

MLS: 3265285   Type: Commercial   County: Buncombe   City: Asheville   Area: Buncombe County   Zip: 28803   Style: Bed/Breakfast     Stories: 3

Mortgage $13,592 /mo



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The Historic Cedar Crest Inn and adjoining parcel complete 2.83 acres on Biltmore Ave steps from the center of Biltmore Village and the Biltmore Estate. Main Inn is classified as a hotel and is on the National Register of Historic Places and an Asheville Landmark property. 17 guest rooms / suites and expansion to 50 seat fine dining restaurant available as well as future development of the property surrounding the main Inn. Wedding venue expansion another possibility.

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Price History

1/17/2018 Listed $2,895,000

Access City Street
Complex Name Cedar Crest Inn
Construction Status Complete
Misc. Additional Building(s), Fire/Smoke Alarm, Fixed Furniture
Number Of Rentals Total 17
Number Of Units Buildings 3
Property Sub Type Bed/Breakfast
Property Type Commercial
Publically Maintained Road 1
Restrictions Architectural Review, Building, Historical
Status Active
Utilities Commercial Cable, City Sewer, City Water, Electricity, Gas, Telephone, Underground
Zoning Institutional

Interior Features

Commercial Cooling Central, Wall
Commercial Heating Central, Electric, Gas, MutliZone Heat, Natural Gas
Total Baths 18.00

Exterior Features

Flood Plain No
Foundation Details Basement, Basement Partially Finished, Block, Concrete
Inclusions Building, Business, Equipment, Fixtures, Inventory, Land, Licenses
Lot Size Area 2.830
Parking Total 20
Rail Service No
Roof Architectural Shingle, Metal

Property Schools

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Gallery (24 photos)

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Property vs Zip Code Avg (28803)

Price 2.89M Avg 845K

Sqr Feet 10,853 Avg 5,349

Cost / Sqr Ft $267 Avg $158

Acres 2.83 Avg 3.52

Visits 20 Avg 13

Walkscore® 68 Avg 43

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Listing Provided Courtesy Of: Asheville Realty Group

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Location & Address

The Streppa Team | RealtyAsheville.com: Homes for Sale
86 Asheland Avenue
Asheville, NC