For Sale
$3,500,000

1 Old Mill LnWeaverville, NC 28787

Iconic Mill, 5 Acres, Event Space Potential

Overview

Added:
Feb 3
Days on market:
70
This exceptional property presents a rare opportunity to acquire a piece of Weaverville's rich history. The offering encompasses three historic structures, including the main mill building, a remodeled 1940s house, and a remodeled cottage, all situated on a sprawling 5.4-acre lot. The main mill building, dating back to circa 1905, boasts over 5,000 square feet of space, complemented by a 1,400 square foot covered patio. Its strong local history and architectural character are undeniable assets. The remodeled 1940s house offers approximately 1,100 square feet of living space, including three bedrooms and two bathrooms, a rear deck, and a large unfinished daylight basement. The remodeled cottage provides an additional 600 square feet of living space, featuring one bedroom, one bathroom, a kitchenette, and a 300 square foot rear deck. The property enjoys approximately 1,000 feet of bold water frontage along Reems Creek. An old barn is also included on the property. The property is zoned for mixed-use commercial and short-term rentals, making it ideal for a variety of ventures, including event spaces. The property is not located within Weaverville city limits but benefits from city water and sewer. Importantly, the structures sustained no flood damage during Hurricane Helene. The property consists of two parcels: 1 Old Mill Lane, zoned EMP, and 9 Old Mill Lane, zoned R-3. This unique offering combines historical charm with significant development potential. The asking price is $3,500,000.

Property Details for 1 Old Mill Ln

Property type
Square Feet
10,000 SF
Year Built
1905
Lot Size (sq. ft)
235,224 SF

Location Insight

City
Weaverville
County
Buncombe
State
North Carolina
Latitude
35.68471
Longitude
-82.56423
1 Old Mill Ln, Weaverville, North Carolina

FAQs

What type of property is this?
Commercial real estate - Iconic Mill, 5 Acres, Event Space Potential
Where is the commercial real estate located?
The property is located at 1 Old Mill Ln Weaverville, NC.
What is the asking price?
The asking price for this property is $3,500,000.
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1 Old Mill Ln
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