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$1,532,000

Mars Hill, NC 28754
Listed by Beth Boone · Boone Realty
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1900

About this home

Beautiful historic building at the intersection of Main Street and Carl Eller Road adjacent to Mars Hill University Campus. Formerly a popular local restaurant, this strategically location is now ready for a new addition to the mix of thriving small businesses in downtown Mars Hill. Appropriate uses would be fine dining, wine bar/gourmet deli, pub/restaurant/music hall, or similar. Commercial level has soaring ceilings with pristine original tin tiles, original hardwood floors, custom built bar, exhaust hood, commercial sink - other restaurant equipment and furnishings on site are for sale separately. Property also listed for lease, see mls #4331936. Upper level residential has similar architectural features, currently partially leased & partially owner occupied, Short Term Rentals allowed. Possible Owner financing with sufficient down payment.

Property details

MLS #
CAR4338320
Property type
Food/Beverage
Subdivision
N/A
Status
Active
Days on market
122
On market date
N/A
Stories
3
Garage spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Mars Hill Elementary
0.6 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
497
Student:teacher ratio
13.4:1
District
Madison County Schools
Middle
Madison Middle School
9.46 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
439
Student:teacher ratio
11.6:1
District
Madison County Schools
High
Madison Early College High
7.17 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.1
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
271
Student:teacher ratio
27.1:1
District
Madison County Schools

Mortgage calculator

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Est. monthly payment
$9,376/mo
$306,400 down
$1,225,600 loan
Principal & interest$7,949
Property tax (est.)$1,277
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated May 22, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.