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Property Description
Beautiful historic building at the intersection of Main Street and Carl Eller Road adjacent to Mars Hill University Campus. Formerly a popular local restaurant, this strategically location is now ready for a new addition to the mix of thriving small businesses in downtown Mars Hill. Appropriate uses would be fine dining, wine bar/gourmet deli, pub/restaurant/music hall, or similar. Commercial level has soaring ceilings with pristine original tin tiles, original hardwood floors, custom built bar, exhaust hood, commercial sink - other restaurant equipment and furnishings on site are for sale separately. Property also listed for lease, see mls #4331936. Upper level residential has similar architectural features, currently partially leased & partially owner occupied, Short Term Rentals allowed. Possible Owner financing with sufficient down payment.
Full Property Details
Full Property Details for 37 S Main Street S
General
- Price: $1,590,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4338320
- Updated: 1/20/2026
- Added to Site: 1 day(s) ago
Location
- County: Madison
- Driving Directions: From Asheville, I-26 to exit 11, Left on Carl Eller Road, Right on Main Street, first building on the left at the intersection of Main and Carl Eller.
- City Limits: Yes
Structural Information
- Construction: Site Built
- Basement: Yes
- Basement Desc.: Full, Interior Entry, Partially Finished, Walk-Out Access
- Min Required: 18.75 Sq. Ft.
- Minimum Avail: 4,800 Sq. Ft.
- Year Built: 1969
Lot Features
- Street/Road Desc.: Paved
Financial Considerations
- Terms: Cash, Conventional, Lease Option, Lease Purchase, Owner Financing
Disclosures and Reports
- Restrictions: Short Term Rental Allowed, Use, Other - See Remarks
- Inclusions: Building, Fixtures
- Property ID: 9747-84-2514
- Lot Number: 262-381
Listed by Boone Realty
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Schools
Schools serving 37 S Main Street S
School District:Madison County Schools
| Name | Grades | Distance |
|---|---|---|
Mars Hill Elementary School 200 School House Lane, Mars Hill, NC 28754 | K-5 | 0.6 mi |
Madison Middle School 95 Upper Brush Creek Road, Marshall, NC 28753 | 6-8 | 9.4 mi |
Madison High School 5740 U.S. 25, Marshall, NC 28753 | 9-12 | 7 mi |
Madison Early College High School 5734 U.S. 25, Marshall, NC 28753 | 9-12 | 7.2 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 37 S Main Street S
Date
Details
Price
Change
Source
1/20/2026
Listed
$1,590,000
—
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 37 S Main Street S
37 S Main Street S, Mars Hill, NC 28754 (MLS# 4338320) is a Commercial property. 37 S Main Street S is currently listed for $1,590,000 and was received on January 20, 2026. Want to learn more about 37 S Main Street S? Do you have questions about finding other Commercial real estate for sale in Mars Hill? You can browse all Mars Hill real estate or contact a Coldwell Banker agent to request more information.

