2483 Memorial Highway
Lake Lure, NC 28746

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Listing 20 out of 1,000
$5,550,000 For Sale

8 Village Lane
Asheville, NC 28803

8 units |
19,364 sq ft;
lot: 1.934 acres
Commercial: Commercial - MLS# 3242509
Property Photo


Rare investment opportunity on 1.93 acres in the heart of Biltmore Village in Asheville! On the National Historic Register, this 11-unit luxury condo complex was converted from the historic Biltmore Hospital in 2005. Offered are the 8 remaining fully furnished 2 bedroom condo units permitted to allow short-term vacation rental, a 30 space off-street parking lot, and a development pad where owner was permitted for an additional 15,448SF building(see PIN#9647-79-0174-R0001). Elevator.


  • Property Type: Commercial
  • Sub Type: Commercial
  • Listing Status: Active
  • County/Area: Buncombe County
  • Zip Code: 28803
  • Year Built: 1931
  • Sq.Ft.: 19,364 sq ft
  • Units: 8 units
  • Basement: Basement Inside Entrance, Basement Outside Entrance, Concrete
  • Lot Size: 1.934 acres
  • Zoning: Institutional
  • Area: All Areas
  • Commercial Cooling: Central, Individually Metered
  • Commercial Heating: Gas, Individually Metered
  • Complex Name: Biltmore Village Condominiums
  • Construction Status: Complete
  • Construction Type: Site Built
  • Easement: Sewer
  • Foundation Details: Basement Inside Entrance, Basement Outside Entrance, Concrete
  • Inclusions: Building, Land, Licenses
  • Inside City YN: Yes
  • Miscellaneous: Carpeting, Elevator, Fire/Smoke Alarm, Front Elevation, Reception Area, Security System
  • Number Of Rentals Total: 8
  • Number Of Units Buildings: 1
  • Parking Total: 30
  • Roof: Rolled Rubber
  • Sq Ft Available Maximum: 19364
  • Sq Ft Available Minimum: 19364
  • Sq Ft Maximum Lease: 9999999.00
  • Stories Total: 4
  • Total Heated Sqft: 19364
  • Utilities Commercial: Cable, City Sewer, City Water, Electricity, Gas, Telephone
  • Zoning Specification: INST
Courtesy of Premier Sotheby's Int'l Realty

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2483 Memorial Highway - Lake Lure, NC 28746
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