Refine Search
Map
Sort by
$549,000
4394153 MLS ⋅ ACTIVE Status
Exceptional redevelopment opportunity in one of Asheville's most strategic growth corridors. Located along a primary connector between Downtown Asheville, the River Arts District, and West Asheville, this property benefits from outstanding visibility, accessibility, and proximity to ongoing investment and redevelopment. The surrounding area offers an ideal mix of residential neighborhoods, commercial activity, and destination businesses. Within walking distance of breweries, restaurants, hotels, offices, and retail establishments, the location provides excellent vehicle and pedestrian traffic. The existing structure offers immediate utility, while the site's HR-7 zoning allows for a wide range of residential and commercial development opportunities. Architectural plans and pricing for a proposed 12-unit condominium project are available with an acceptable offer and executed confidentiality agreement. Phase I and Phase II Environmental Site Assessments have been completed, providing valuable due diligence for prospective buyers and developers. An adjacent parcel may also be available for purchase, creating additional flexibility and potential for a larger assemblage opportunity. Property listed under commercial MLS# 4394153 and land MLS# 4398540

61 Haywood Road, Asheville

Listing courtesy of Stem Realty Group. stoner@stemrealtygroup.com
$459,000
4396714 MLS ⋅ ACTIVE Status
Opportunity to purchase at a post flood price, 1.05 Acre lot on Thompson Street in front of the Mica Village Condominiums. Ideal location for a condominium or retail development.

75 Thompson Street, Asheville

Listing courtesy of MARK FIELDS REAL ESTATE. markpfields@mac.com
$499,999
4394746 MLS ⋅ ACTIVE Status
Rare opportunity to own a freestanding commercial building just steps from the heart of downtown Asheville. Positioned for maximum visibility on a high-traffic corridor, this single-occupancy building offers the kind of exposure that money can't buy — your signage, your brand, front and center. Very close to Asheville's thriving downtown restaurant, retail, and arts scene, this property puts you exactly where the energy is without the downtown price tag. Whether you're an investor looking for a strong long-term hold or a business owner ready to stop paying someone else's mortgage, this one checks the boxes. The building has been thoughtfully maintained with recent updates to the roof, siding, and windows — meaning you can focus on your business, not your building. Add in convenient parking and generous storage, and you've got a turnkey setup that's hard to find at this price point in this location. Zoned CB1. Ready for its next chapter. Call today — properties like this don't sit.

295 W Haywood Street, Asheville

Listing courtesy of EXP Realty LLC. jason@ownersonlyre.com
$2,300,000
4395150 MLS ⋅ ACTIVE Status
Three Parcels are now for sale. First Building is 1257 Sweeten Creek Rd with 7,110/sf office building, very nice with 10 private offices, conference room, small kitchen/breakroom, large front area for offices or showroom. Some office furniture included. Second building is 1249 Sweeten Creek Rd (next door) and has 4,680/sf of warehouse/storage space. Building needs to be remodeled. Great south Asheville location that is ideal for an engineer office, professional services, any business needing showroom area and warehouse. Outdoor billboard on property for additional income of $3,000/yr. There is an additional third small vacant lot that is 0.13/ac +/-. This property is also available for LEASE.

1257 Sweeten Creek Road Unit #3 PINs, Asheville

Listing courtesy of Pulliam Properties, Inc. jwilson@pulliamproperties.com
$420,000
1 Baths ⋅ 4394067 MLS ⋅ ACTIVE Status
This versatile property can accommodate a multitude of uses in community shopping zoning with road frontage on a paved, state maintained road with high traffic count. Excellent commercial redevelopment location in a growing part of town with an easy drive to downtown Asheville. Nearby several future approved high-end commercial and residential developments such as Orion, Oberon, and Twisted Laurel. Woodfin is the new frontier. Phase 1 of $20+ million project Silverline Park already opened. Incredible long-range mountain views from the top of the upper parcel accessed via Old Home Rd. This could be that perfect live and work opportunity you’ve been looking for!

415 Weaverville Road Unit #59 1/2 PT 59 & PT 60, Asheville

Listing courtesy of RE/MAX Executive. brokeralexandra@gmail.com
$775,000
3 Baths ⋅ 4393257 MLS ⋅ ACTIVE UNDER CONTRACT Status
Beautiful Historic Turn-Key Airbnb Home & Business Just 10 Minutes from Downtown Asheville – Residential & Commercial Zoning! An exceptional opportunity to own a successful turn-key Airbnb, charming historic home, and commercially zoned property all in one. Originally built in 1914 and situated on nearly an acre, this 3-bedroom, 3-bathroom property seamlessly blends timeless character with modern updates and endless potential. A welcoming wraparound front porch sets the tone, offering the perfect place to relax and enjoy the peaceful surroundings. Inside, the spacious living room serves as the heart of the home, creating a warm and inviting gathering space for guests and residents alike. The formal dining room is filled with natural light and provides an ideal setting for entertaining. Historic charm can be found throughout the home, while recent updates—including the kitchen, bathrooms, and all replacement windows—provide modern comfort and convenience. Spacious bedrooms offer comfortable accommodations, and the upstairs loft provides flexible space for a home office, reading nook, lounge area, or additional guest accommodations. Currently operating as a successful Airbnb, this property offers immediate income-producing potential. Most furnishings may be included with the sale (see private remarks for exclusions), allowing for a truly turn-key transition for investors or owner-operators. Adding even more value, the property is zoned for both residential and commercial use, creating a wide range of possibilities including continued short-term rental operations, office space, retail, boutique lodging, or a live-work setup. The nearly one-acre lot may also offer subdivision potential, providing additional flexibility and future development opportunities. Enjoy the tranquility of a spacious property while remaining less than 10 minutes from the shops, restaurants, breweries, and entertainment of Downtown Asheville. Whether you're seeking a residence, business opportunity, investment property, or all three, this unique offering delivers exceptional versatility and potential. Also listed as a residential property - MLS#4393254

615 Rose Hill Road, Asheville

Listing courtesy of DASH Carolina. brooks.northrup@dashnc.com
$1,400,000
4387937 MLS ⋅ ACTIVE Status
Position your business in one of Downtown Asheville’s most visible locations. Situated on a signalized corner at the gateway to downtown, 167 Patton Avenue offers outstanding visibility, excellent signage opportunities, and convenient access for customers and employees. This versatile freestanding building features an open floor plan ideal for retail, office, showroom, gallery, and other commercial uses. With CBD zoning, ample parking, flexible space options, and high-traffic exposure, this is a rare opportunity to establish your business in the heart of Downtown Asheville. There is a current lease in place which provides an excellent investment opportunity.

167 Patton Avenue, Asheville

Listing courtesy of Tessier Associates. stoner@stemrealtygroup.com
$889,000
4391205 MLS ⋅ ACTIVE Status
Position your business for success with this flexible warehouse located directly on Spartanburg Highway—offering outstanding visibility and ease of access. This property is designed to support a wide range of industrial operations, from manufacturing to logistics and service-based trades or an auto/workshop shop. Inside, you’ll find multiple private offices —ideal for administrative and management functions. The facility includes three restrooms and a convenient mezzanine level for extra storage or operational flexibility. The heart of the property features expansive shop space, including a 2,200 SF bay (45’ x 49’) and an additional 775 SF bay (25’ x 31’), both with 18'/16’ clear height, providing plenty of room for machinery, workstations, or inventory. Four 12’H x 10’W roll-up doors offer smooth access for equipment and vehicle movement. Behind the building, the large fenced lot offers secondary access from Charming Pointe Lane, with access wrapping around the building that could support fleet or material storage, deliveries, and easy maneuvering of large vehicles. Whether you’re expanding, relocating, or launching a new operation, this property offers the space, functionality, and location your industrial business needs. Located in the heart of East Flat Rock, this property offers easy access to I-26, and is situated on the corridor between Asheville and Greenville, SC, just south of Hendersonville, NC.

2997 Spartanburg Highway, Asheville

Listing courtesy of Dewey Property Advisors. scott.raines@deweypa.com
$1,590,000
3 Baths ⋅ 4389474 MLS ⋅ ACTIVE Status
Attractive investment opportunity along one of West Asheville's primary commercial corridors. This 6,740 SF purpose-built facility was designed for a full-service physical therapy practice and offers a highly functional layout adaptable to a variety of medical, wellness, professional office, or service-oriented users. The property is currently leased to a successful, regional physical therapy and sports medicine practice, providing stable cash flow for an investor at a 6.39% CAP Rate. Situated on 1.76 Acres, zoned HB (Highway Business) and featuring 346 feet of road frontage, this site provides outstanding visibility, signage, and convenient access for the community, ensuring success for the Tenant-occupant. Ideally located just minutes from downtown Asheville, the property enjoys quick access to I-240 (approximately 3 miles), I-26 (approximately 4 miles), and I-40 (approximately 6 miles), allowing seamless connectivity throughout Western North Carolina. This well-maintained asset presents an excellent investment opportunity in a growing commercial market.

149 New Leicester Highway, Asheville

Listing courtesy of Likewise Commercial Real Estate. jess@likewisecommercial.com
$1,750,000
6 Baths ⋅ 4388863 MLS ⋅ ACTIVE Status
Six-unit well-maintained neighborhood center in a highly accessible north-west Asheville location. Long-term tenants in place, with one current vacancy, offering immediate value-add potential and stable cash flow. All tenants are operating under NNN leases. Conveniently located just off New Leicester Highway. Surrounded by a strong mix of residential and commercial development, nearby businesses, and numerous service-oriented retailers and professional offices that support the area's growing population. This is an excellent opportunity for investors seeking a multi-tenant asset with in-place income and upside through lease-up of the remaining vacancy. Please see the brochure for further financial information. Please do not disturb tenants - contact the listing broker for showings.

9 Fallen Spruce Drive, Asheville

Listing courtesy of Likewise Commercial Real Estate. carla@likewisecommercial.com
$2,000,000
4389478 MLS ⋅ ACTIVE Status
Excellent warehouse facility in a great location conveniently located less than a 1/2 mile off Patton Avenue. 3.95 acres zoned highway business with 13540 sqft building. 3 loading docs. Front half of building AC & heat. Back half of building heated.

91 New Leicester Highway, Asheville

Listing courtesy of Howard Hanna Beverly-Hanks Asheville-Downtown. rick.tisdale@allentate.com
$795,000
4371275 MLS ⋅ ACTIVE Status
Positioned along the highly traveled New Leicester Highway (NC-63), 396 New Leicester Highway presents an excellent opportunity to acquire a well-located commercial asset in one of West Asheville’s most active growth corridors. This 2,544 SF building benefits from outstanding visibility and accessibility along a primary commuter route connecting the rapidly expanding Leicester community to Asheville. Located just ±4 miles northwest of Asheville’s vibrant downtown, the property enjoys strong daily traffic counts estimated between 20,000 and 33,000 vehicles per day, delivering consistent “drive-home” exposure ideal for a wide range of commercial uses. The surrounding corridor is characterized by a dynamic mix of neighborhood retail, dining, and service-oriented businesses, making it a proven destination for both local residents and commuters. The property is supported by a robust and growing customer base, with over 99,000 residents within a 5-mile radius and continued population growth projected in the coming years. This combination of strong demographics, high visibility, and strategic location makes the site well-suited for owner-users, investors, or businesses seeking to establish or expand their presence in the West Asheville market. ••Highlights••±2,544 SF freestanding commercial building•Prime frontage along New Leicester Highway (NC-63)•High daily traffic counts (20,000–33,000 VPD)•±4 miles to downtown Asheville•Strong “drive-home” commuter visibility•Population exceeding 99,000 within a 5-mile radius•Located in a growing commercial corridor serving West Asheville and Leicester

396 New Leicester Highway, Asheville

Listing courtesy of Dewey Property Advisors. tim.bramley@deweypa.com
$1,450,000
3 Baths ⋅ 4387118 MLS ⋅ ACTIVE Status
Unique opportunity to own a 3,821 SF turn-key office on 0.18 acres in a prime North Asheville location. Featuring legacy signage, exceptional visibility, and approximately 20,000 vehicles per day (VPD) along Merrimon Avenue, the property offers 55 feet of frontage in one of Asheville's most sought-after commercial corridors. 2,929 SF of finished area and 901 SF of storage space. Tasteful finishes, stylish details, hardwood flooring, abundant natural light, and a thoughtful multi-use layout make this an ideal Class A office and/or professional services property. Well-suited for an owner-user or investor, the building has been fully renovated (2018) and represents a rare opportunity to acquire a move-in-ready asset in a high-demand market where properties of this quality seldom become available. Current Tenant has outgrown the space and will be relocating locally. The property includes nine on-site parking spaces, with additional neighborhood parking available for staff. Conveniently located just minutes from Interstate 240, Interstate 26, and major thoroughfares, including Charlotte Street and Broadway, the property provides outstanding accessibility for clients, customers, and employees. Virtual tour and additional details available on the website.

339 Merrimon Avenue, Asheville

Listing courtesy of Likewise Commercial Real Estate. abigail@likewisecommercial.com
$750,000
2 Baths ⋅ 4375681 MLS ⋅ ACTIVE Status
Positioned in the heart of Asheville’s most sought-after corridor, this 2,250 SF commercial investment opportunity sits along the highly desirable Haywood Road in the vibrant West Asheville. Known for its strong daily traffic counts, pedestrian-friendly design, and eclectic mix of retail, dining, and lifestyle businesses, this location offers unmatched visibility and long-term growth potential. Freshly renovated and upfit in 2024 The property is fully leased with two strong, complementary tenants: Potential New Boyfriend, a popular vinyl and dessert bar concept, and Franny’s Farmacy, a well-established boutique CBD/THC retailer featuring a beautifully curated outdoor patio and garden lounge with on-site consumption. Additional highlights include a shared adjoining parking lot, dedicated employee parking at the rear, and a fenced-in outdoor area enhancing tenant and customer experience. Current gross annual income is $54,000 with approximately four years remaining on existing leases plus renewal options and built-in 3% annual rent escalations—providing immediate cash flow with steady upside. Opportunities to acquire stabilized assets in this high-demand Haywood Road corridor are exceptionally rare, making this an ideal long-term hold for investors seeking both security and appreciation in one of Asheville’s most dynamic submarkets.

645 & 647 Haywood Road, Asheville

Listing courtesy of Trailblazer Realty LLC. DeanAVLMarketplace@gmail.com
$850,000
4386047 MLS ⋅ ACTIVE Status
Over 2,800 SF on a 0.75-acre site in the North Asheville/Woodfin area with convenient access to I-26 via Exits 21 and 23. Previously utilized for healthcare and professional service operations, the property offers a flexible layout suitable for medical, dental, veterinary, wellness, professional office, financial, retail, and other commercial uses. Property features ample on-site parking, highway signage, and additional area for future expansion or site improvements. Currently vacant and well-suited fr owner/user or investment opportunity.

364 Weaverville Road, Asheville

Listing courtesy of Preferred Properties. william@preferredprop.com
$3,360,000
4387549 MLS ⋅ ACTIVE Status
Development Property Available in high growth commercial corridor along Hendersonville Rd in south Asheville. Approximately 4.2/ac subdivided out of a larger tract. Excellent general office, medical office, multi-family site. Zoned office in the City of Asheville. Approximately 400' frontage on Hendersonville Rd.

1935 Hendersonville Road, Asheville

Listing courtesy of Pulliam Properties, Inc. jwilson@pulliamproperties.com
$985,000
4383809 MLS ⋅ ACTIVE Status
Positioned in the heart of West Asheville’s vibrant Haywood Road corridor, this charming 5-unit multifamily property offers investors a rare opportunity in one of Asheville’s most walkable and desirable neighborhoods. Residents are steps from Haywood Road’s restaurants, bars, breweries, galleries, retail, and everyday conveniences, supporting strong tenant demand and long-term rental appeal. The property features timeless charm and character, including a covered porch and balcony, along with ample on-site parking—an important advantage in this urban corridor. With existing income and upside potential to add a 6th unit, the asset presents a compelling value-add opportunity in a high-demand submarket.

891 Haywood Road, Asheville

Listing courtesy of NAI Beverly-Hanks. knelson@naibeverly-hanks.com
$1,950,000
4382524 MLS ⋅ ACTIVE Status
INVESTMENT OPPORTUNITY for a fully leased 2 tenant building directly on Hendersonville Rd. Tenants are: Biscuit Head & Studio Chavarria (Barbershop). Building was completely remodeled in 2018. Great location, tons of parking and street front signage. MUST SEE!

1994 Hendersonville Road, Asheville

Listing courtesy of Pulliam Properties, Inc. tlatak@pulliamproperties.com
$5,500,000
4380666 MLS ⋅ ACTIVE Status
Outstanding opportunity for investors. Long term lease. 83,700 SF Building on 6.5 acres with a single business/lease of surplus building materials. Business is 20 years old. Cap rate of 9%.

195 Johnston Boulevard, Asheville

Listing courtesy of NAI Allen Tate Beverly-Hanks Commercial. twp@naibeverly-hanks.com
$875,000
4379876 MLS ⋅ ACTIVE Status
Prime, high traffic retail corner at a major intersection in West Asheville! This highly visible, well-appointed glass & brick bank branch is perfect for conversion into professional services, medical/dental offices, smart tech or boutique retail! Exceptional investment property located along West Asheville’s main east- west traffic feed! Beautifully shaded lot on a traffic-lit corner with abundant onsite parking and multiple points of access. The drive-through facility has use or conversion potential for a myriad of business uses. Clean, modern, lots of glass and natural interior lighting! Ask agent about seller’s financial use restriction. Showings by appointment only!

1375 Patton Avenue, Asheville

Listing courtesy of NAI Allen Tate Beverly-Hanks Commercial. markmorris@naibeverly-hanks.com
$5,500,000
4359264 MLS ⋅ ACTIVE Status
42 Furman Avenue represents one of the most compelling short-term rental investment opportunities in downtown Asheville—a fully licensed, purpose-built 16-unit STR asset in a market where new permits are no longer issued. Spanning approximately 8,395 square feet across three stories plus a walkout basement, the building was completely renovated to the studs and redesigned specifically for short-term rental use, delivering modern interiors, efficient layouts, and strong visual appeal for today’s guest expectations. The unit mix includes twelve one-bedroom units and four studios, all configured to maximize occupancy and revenue potential. Located less than a mile from Asheville’s core attractions—including its nationally recognized dining scene, River Arts District, and cultural amenities—the property benefits from consistent year-round demand. With dedicated parking, an active and compliant STR license, and a structure that cannot be replicated under current regulations, this asset offers a rare combination of scale, location, and operational upside for an investor seeking to establish or expand a presence in one of the Southeast’s most resilient short-term rental markets.

42 Furman Avenue, Asheville

Listing courtesy of EXP Realty LLC. tyler@savvy.realty
$575,000
4377877 MLS ⋅ ACTIVE UNDER CONTRACT Status
Exceptional opportunity to own a cornerstone of historic Biltmore Village at a significant discount. Located at the high visibility corner of Swan & Brook Streets (14,700+ daily traffic), this former jewelry store offers unmatched potential. While Hurricane Helene impacted the area, this building was swiftly remediated with full demo and professional drying. No major structural damage, just a clean slate ready for your vision and fresh buildout. With onsite parking and prime pedestrian and vehicular exposure, this is a trophy asset ready for rebirth. Don't miss your chance to bring this iconic property back to life.

1 Swan Street, Asheville

Listing courtesy of NAI Beverly-Hanks. jdavis@naibeverly-hanks.com
$3,495,000
4370118 MLS ⋅ ACTIVE Status
4 Medical Park Drive in Asheville, North Carolina represents a compelling investment opportunity within one of Western North Carolina’s most established and desirable medical parks. This well-maintained medical office building encompasses approximately 8,911 square feet of highly functional clinical and administrative space, situated on a 0.71-acre parcel. Purpose-built for medical and dental use, the property is thoughtfully configured with dedicated exam rooms and a surgical suite, allowing for immediate occupancy by a wide range of healthcare providers. Originally constructed in 2000 for an owner-occupant, the facility has been consistently operated as an oral surgery practice, underscoring its suitability for specialized clinical use. The site offers strong accessibility and parking capacity, featuring upper and lower parking areas with a total of 26 striped spaces, along with the potential to add additional parking if needed. Existing medical and dental infrastructure is in place, including a backup generator (currently not operational), providing a solid foundation for future upgrades or continued use. Overall, 4 Medical Park Drive delivers a rare combination of location, functionality, and adaptability—positioning it as an attractive option for both investors and owner-users seeking a presence in Asheville’s thriving healthcare market.

4 Medical Park Drive, Asheville

Listing courtesy of Whitney Commercial Real Estate. awalker@whitneycre.com
$20,000
4376804 MLS ⋅ ACTIVE Status
Opportunity to acquire a well-positioned parcel with excellent zoning in a highly convenient and rapidly growing area. This property offers strong potential for a variety of development uses, benefiting from its strategic location and continued growth in the surrounding market. Buyer is responsible for independently verifying all information, including zoning, water and sewer availability, utilities, and any applicable development requirements.

99999 Rocky Ridge Road, Asheville

Listing courtesy of Black Tie Properties, LLC. dkisel0716@gmail.com
$155,000
4375035 MLS ⋅ ACTIVE Status
Buildable lot with office zoning in West Asheville! Ready to build your commercial building, residential home, or multifamily. Per the Asheville UDO, "a mixture of office and residential uses is permitted in the Office District." Easy access to Haywood Road and Patton Avenue amenities - shops, restaurants, grocery stores, and more. This lot is mostly cleared with a few mature trees and a gentle slope. City water & MSD sewer are accessible per seller. Recent survey available.

Lot 108 Mace Avenue, Asheville

Listing courtesy of Mosaic Community Lifestyle Realty. mike@mymosaicrealty.com
$939,000
2 Baths ⋅ 4370616 MLS ⋅ ACTIVE Status
This one checks all the boxes. Positioned on one of downtown Asheville’s busiest retail streets in the historic Jenkins Building, this retail/office condo has great visibility, natural light, a thoughtful, flexible layout, high quality finishes, and parking. Generous storage (1,234 SF storage room on lower level) and two dedicated interior parking spaces (accessed via a roll-up garage door from the rear alley) make this condo a practical choice for an array of businesses. This premier location benefits from consistent pedestrian traffic and year-round tourism, benefiting from hospitality neighbors including The Windsor Boutique Hotel, Kimpton Hotel Arras, and AC Hotel Asheville Downtown. Space available for owner occupant or new tenant from January 6, 2027.

32 Broadway Street Unit #120, Asheville

Listing courtesy of Likewise Commercial Real Estate. carla@likewisecommercial.com
$2,400,000
4368284 MLS ⋅ ACTIVE Status
Introducing a rare 10.61-acre development opportunity in the heart of West Asheville—ideally suited for affordable and workforce housing in one of the region’s most supply-constrained and high-demand submarkets. Located within walking distance of Carrier Park, the Wilma Dykeman Greenway—offering direct access to the River Arts District— as well as essential services, transit corridors, and neighborhood amenities along Haywood Road. This site offers the connectivity and livability critical to successful affordable housing communities. As one of the largest remaining undeveloped tracts in West Asheville, the property offers a unique opportunity to deliver much-needed housing at scale in an area where attainable options are increasingly limited. Conditionally Zoned RM-16 (CZ 08-51-010), the site is entitled under Conditional Zoning Ordinance #3682 (City of Asheville, 2008), allowing for up to 140 multifamily units. Existing entitlements and a prior site plan provide a meaningful head start, helping reduce entitlement risk and accelerate development timelines—key advantages for projects utilizing LIHTC or other funding sources. The site’s natural features, including a small creek and generous open space, create opportunities to incorporate green space, pedestrian connectivity, and community-oriented design elements that enhance resident well-being while aligning with modern affordable housing standards. Comprised of seven contiguous parcels, the property offers multiple access points via State Street, Short Michigan Avenue, and Amboy Road, allowing for flexible site planning and phased development. All major utilities are available at the site, enabling efficient, cost-effective construction. With sustained demand for affordable housing, strong municipal support for attainable development, and limited land availability in West Asheville, this offering presents a compelling opportunity for developers, housing authorities, and mission-driven investors to create a high-impact community while leveraging existing entitlements and infrastructure to accelerate execution. Please contact Listing Agent for all showings. Also listed at MLS# 4370709

99999 State Street, Asheville

Listing courtesy of Likewise Commercial Real Estate. jim@likewisecommercial.com
$1,850,000
4373090 MLS ⋅ ACTIVE Status
Rare 8-unit investment opportunity in the sought-after Beverly Condominiums. This portfolio includes six 1BR/1BA units and two 2BR/2BA units, offering a strong unit mix for consistent rental demand. Ideally located with excellent walkability to shopping, dining, and Mission Hospital, and just minutes to downtown Asheville and Biltmore Village. The community is quiet and well-maintained, appealing to long-term tenants seeking a peaceful residential setting. Each unit offers a low-maintenance, lock-and-go lifestyle, making ownership streamlined and efficient. A compelling opportunity to acquire scale in a proven Asheville location with enduring rental appeal. Rental history available upon request.

8 Units - 615 Biltmore Avenue, Asheville

Listing courtesy of NAI Beverly-Hanks. knelson@naibeverly-hanks.com
$8,800,000
4372988 MLS ⋅ ACTIVE Status
This 100% leased shopping center represents a stabilized investment opportunity with durable in-place income and minimal near-term leasing risk. The rent roll is comprised of a complementary mix of national brands and high-performing franchise operators, led by a top-tier franchisee of Panera Bread - with 8 years of term left, and a corporate Sleep Number location, providing a strong credit foundation. Moe's Southwest Grill recently executed a new 10-year lease, extending weighted average lease term and enhancing income security, while Blaze Pizza—operated by a seasoned franchisee—features a modern buildout with indoor/outdoor seating that supports strong unit-level performance. The property’s shared access and parking agreement with Chick-fil-A, one of the highest-volume quick-service brands in the U.S., generates consistent traffic flow and reinforces tenant sales productivity.

15-40 Peaks Center Lane, Asheville

Listing courtesy of Whitney Commercial Real Estate. jburk@whitneycre.com
$486,441
4372614 MLS ⋅ ACTIVE Status
A One of a kind redevelopment opportunity, prominently sited on high traffic Merrimon road. This 2 parcel grouping sits at the gateway to UNC Asheville, on the corner of Chatham Road, with walkability to downtown Asheville, and is prime for new vision. Can be acquired as part of a larger offering including the two adjacent Merrimon fronting properties, if desired. Ideal opportunity for a mixed-use redevelopment project. Existing early 1900s two story masonry building may have potential for adaptive reuse and incorporation into new master plan, buyer to verify.

502-506 Merrimon Avenue, Asheville

Listing courtesy of NAI Allen Tate Beverly-Hanks Commercial. knelson@naibeverly-hanks.com

“ Based on information submitted to the MLS GRID as of . 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. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”

Last Updated: