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173 E Chestnut Street
Asheville NC 28801 US

$4,500,000

Active Listing ID 4303292
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7.00 Bath (7 Full)
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Lot: 0.68 Acres
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Office

$4,500,000

Active Listing ID 4303292
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173 E Chestnut Street 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.

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Property Features

  • Facts
  • Lot Size: 0.68 Acres
  • Property Type: Residential
  • Property Sub-type: Office
  • Features
  • Full Bathrooms: 7
  • Floor Covering: Wood
  • Roof Type: Composition
  • Additional Features
  • Basement

Property

  • propertytype: Residential
  • propertysubtype: Office
  • listprice: 4500000
  • unparsedaddress: 173 E Chestnut Street
  • postalcity: Asheville
  • stateorprovince: NC
  • country: US
  • postalcode: 28801
  • bathroomsfull: 7
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.68
  • lotsizeunits: Acres
  • lotsizearea: 0.68
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 35.602702
  • longitude: -82.550076
  • listagentfullname: Jay Lurie
  • listagentemail: lurie.jay@gmail.com
  • listagentkey: 3yd-CMLSNC-jalu54893
  • listagentmlsid: jalu54893
  • listagentpreferredphone: 8282168462
  • listagentofficephone: 8282168462
  • listofficekey: 3yd-CMLSNC-NCM16200
  • listofficemlsid: NCM16200
  • disclaimer: Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CMLSNC
  • yearbuilt: 1889
  • listingcontractdate: 2026-02-23
  • listagenturl: http://www.recenter.com/
  • countyorparish: Buncombe
  • parcelnumber: 9649-43-9135-00000
  • constructionmaterials: Wood
  • flooring: Wood
  • numberofunitstotal: 14
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: Independent
  • rooms: Basement, Bathroom 2, Bathroom 7, Bathroom 3, Bathroom 6, Bathroom 5, Bathroom 1, Bathroom 4
  • basement: Unfinished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.55008, 35.602703
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Scott Carter", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"lurie.jay@gmail.com", "ListBrokerageCity":"Asheville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"scottcarter@recenter.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/CMLSNC/0bd8130118d911e89d280242ac110004/20190621131016178.png", "ListBrokerageName":"Scott Carter", "ListBrokeragePhone":"(828) 255-4663", "ListBrokeragePostalCode":"28801", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"159 South Lexington Avenue", "ListBrokerageWebsiteUrl":"http://www.recenter.com/", "ListOfficeAddress1":"159 South Lexington Avenue ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"NCM16200", "ListOfficeCity":"Asheville", "ListOfficeCountry":"USA", "ListOfficeEmail":"scottcarter@recenter.com", "ListOfficePostalCode":"28801", "ListOfficeStateOrProvince":"NC", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Asheville, NC", "ListingURL":null, "MLSModificationTimestamp":"2026-02-23 18:35:05", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"DEED DATE: 2022-06-13 DEED: 6229-732 SUBDIV: BLOCK: LOT: SECTION: PLAT: 0227-0158", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/23/2026 6:41:12 PM GMT
Source Updated Date: 2/26/2026 12:48:25 PM GMT

Courtesy of: Jay Lurie, The Real Estate Center, lurie.jay@gmail.com

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.