x
Showing 1 of 0
X
Save

440 E State Street
Black Mountain NC 28711 US

$1,800,000

Active Listing ID 4364315
lot icon
Lot: 2.13 Acres
home icon
Other

$1,800,000

Active Listing ID 4364315
Save

440 E State Street Black Mountain Mini Storage at 440 E State St, Black Mountain, NC offers investors the opportunity to acquire a fully stabilized self-storage asset in one of Western North Carolina's most sought-after markets. This 20, 095 SF facility features 182 units, was built in 1994, and is currently 100% occupied, delivering immediate in-place cash flow. Positioned along highly accessible E State Street, the property benefits from strong visibility, direct access, and proximity to both downtown Black Mountain and Asheville. Current gross revenue is approximately $204, 000 annually, with additional upside through strategic rent increases, as current rates are below market across key unit sizes. Offered at $1, 800, 000, or approximately $90/SF, this asset presents an attractive below-replacement-cost basis with clear value-add potential. The offering also includes the possibility for future expansion of approximately 1, 000-2, 000 NRSF, giving investors another avenue for long-term growth. With strong occupancy, proven demand, and immediate revenue enhancement potential, this is a compelling chance to own a high-performing storage property in a thriving mountain submarket. * Drive by only without an appointment. Please do not go in and speak to the manager. All showings are by appointment only with 24 hour notice.

Collapse all

Property Features

  • Facts
  • Lot Size: 2.13 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Roof Type: Metal

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1800000
  • unparsedaddress: 440 E State Street
  • postalcity: Black Mountain
  • stateorprovince: NC
  • country: US
  • postalcode: 28711
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 2.13
  • lotsizeunits: Acres
  • lotsizearea: 2.13
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 35.619885
  • longitude: -82.316457
  • listagentfullname: Aaron Palmer
  • listagentemail: aaron@groundfloorproperties.com
  • listagentkey: 3yd-CMLSNC-aaron
  • listagentmlsid: aaron
  • listagentpreferredphone: 8285458741
  • listagentofficephone: 8285458741
  • listofficekey: 3yd-CMLSNC-R06791
  • listofficemlsid: R06791
  • 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: 1994
  • listingcontractdate: 2026-04-01
  • countyorparish: Buncombe
  • parcelnumber: 0619468855
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Metal
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Chain Link
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.31646, 35.619884
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Modern Mountain Real Estate Inc", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"aaron@groundfloorproperties.com", "ListBrokerageCity":"Asheville", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Modern Mountain Real Estate Inc", "ListBrokeragePhone":"(828) 450-2826", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"802 Fairview Road", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"1 Page Ave ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"R06791", "ListOfficeCity":"Asheville", "ListOfficeCountry":"USA", "ListOfficeEmail":"info@century21connected.com", "ListOfficePostalCode":"28801", "ListOfficeStateOrProvince":"NC", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Black Mountain, NC", "ListingURL":null, "MLSModificationTimestamp":"2026-04-01 17:08:05", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"Deed Date: 12/12/1994 Deed: 1828-0201 Subdiv: Block: Lot: Section: Plat: 0PVT-0SVY", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/1/2026 5:09:42 PM GMT
Source Updated Date: 4/4/2026 7:09:28 AM GMT

Courtesy of: Aaron Palmer, CENTURY 21 Connected, aaron@groundfloorproperties.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.