Description
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.
Address
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Address: 440 E State Street, Black Mountain, North Carolina 28711
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City: Black Mountain
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State/county: NC
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Zip/Postal Code: 28711
Details
Updated on July 7, 2026 at 12:41 pm-
Property ID 4364315
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Price $1,800,000
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Year Built 1994
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Property Type Industrial, Commercial Sale
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Property Status Active, For Sale
Additional details
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Listing Terms Cash, Conventional, Private
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Roof Metal
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Sewer Public Sewer
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County Buncombe
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Property Type Commercial Sale
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Down Payment
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Loan Amount
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Property Tax
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Home Insurance
Contact Information
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