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$4,500,000
1 Day On Site

173 E Chestnut Street
Asheville, NC 28801

For Sale|Office|Active
0
Beds
7
Total Baths
4,439
SqFt
$1,014
/SqFt
1889
Built
County:
Buncombe
Call Now: (828) 944-4429
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(828) 944-4429
173 E Chestnut Street173 E Chestnut Street173 E Chestnut Street173 E Chestnut Street
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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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Listing Snapshot
Price 
$4,500,000
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
4,439 sqft
Total Baths 
7
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.68 Acres
Year Built 
1889
MLS® Number 
4303292
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing first seen on site
yesterdayListing updated with changes from the MLS®
General Features
Additional Property Use 
Commercial
Property Sub Type 
Office
Sewer 
Public Sewer
SqFt Total 
4439
Utilities 
Electricity Connected
Water Source 
Public
Zoning 
OFFICE
Interior Features
Basement 
Unfinished
Flooring 
Wood
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Exterior Features
Road Frontage 
City Street
Roof 
Composition
Community Features
Financing Terms Available 
CashConventional
Roads 
Paved
Listing courtesy of The Real Estate Center [email protected]


Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {last_incremented_at}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Properties displayed may be listed or sold by various participants in the MLS. ©2026 Canopy MLS.

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Last checked - 2026-02-25 02:05 AM UTC

Neighborhood & Commute
Source: Walkscore
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