This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/8
$7,050
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/8
Property Description
Excellent opportunity for an investment property in fantastic location on 4 lane road walking distance to bustling downtown Black Mountain. First time on the market in over 30 years. Former location of well stablished restaurant. Over 4700 sqft on a .95 acre lot zoned highway business which allows for so many uses. Over 230' of road frontage on W. State St. (Old US Hwy 70). New wiring and new HVAC system. Ample on site parking. Just minutes to Asheville. Restaurant equipment and chattel negotiable.
Full Property Details
Full Property Details for 508 W State St
General
- Price: $7,050
- Status: Active
- Type: Commercial Lease
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4308816
- Updated: 10/3/2025
- Added to Site: 108 day(s) ago
Location
- County: Buncombe
- Driving Directions: From Black Mountain West on W State St. (Old US Hwy 70) property of the right.
- City Limits: Yes
Utilities
- Sewer: County Sewer
- Water: City
Structural Information
- Exterior Const.: Wood
- Roof: Asbestos Shingle
- Min Required: 18 Sq. Ft.
- Minimum Avail: 4,724 Sq. Ft.
- Year Built: 1945
Lot Features
- Street/Road Desc.: Paved
- Lot Features: Level
Disclosures and Reports
- Inclusions: Other
- Property ID: 0619-04-7658-00000
- Lot Number: 1819-333
Listed by Howard Hanna Beverly-Hanks Asheville-Downtown
Get Pre-Approved Today
Schools
Schools serving 508 W State St
School District:Buncombe County Schools
| Name | Grades | Distance |
|---|---|---|
Black Mountain Primary 301 East State Street, Black Mountain, NC 28711 | PK-3 | 0.8 mi |
Black Mountain Elementary 100 Flat Creek Road, Black Mountain, NC 28711 | 4-5 | 1 mi |
Charles D Owen Middle 730 Old US Highway 70, Swannanoa, NC 28778 | 6-8 | 2.6 mi |
Charles D Owen High 99 Lake Eden Road, Black Mountain, NC 28711 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 508 W State St
Date
Details
Price
Change
Source
10/02/2025
Listed
$7,050
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 508 W State St
508 W State Street, Black Mountain, NC 28711 (MLS# 4308816) is a Commercial Lease property. 508 W State Street is currently listed for $7,050 and was received on October 02, 2025. Want to learn more about 508 W State Street? Do you have questions about finding other Commercial Lease real estate for sale in Black Mountain? You can browse all Black Mountain real estate or contact a Coldwell Banker agent to request more information.

