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4 Medical Park  Drive, Asheville
$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

32 Broadway  Street Unit #120, Asheville
$875,000
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

99999 State  Street, Asheville
$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

8 Units - 615 Biltmore  Avenue, Asheville
$1,700,000
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

15-40 Peaks Center  Lane, Asheville
$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

219 Amboy  Road, Asheville
$1,475,000
4 Baths ⋅ 4370646 MLS ⋅ ACTIVE Status
Fully renovated mixed-use property on the Gateway to Asheville’s River Arts District and Biltmore Village. Located at the corner of Amboy Road and State Street, directly across from Carrier Park and the French Broad River Greenway, this site offers exceptional visibility 12,000+ cars daily—and quick access to I-26 (less than ½ mile). Amboy Road links Biltmore Village, the River Arts District, and West Asheville’s thriving neighborhoods, forming one of the city’s most desirable recreational and commercial corridors. Main Level Features: • Inviting bar space with covered patio and serving window NEW exterior seating the ( Bench Fence) • Central courtyard separating bar from café/kitchen area • Rear sections include 16’ ceilings, three glass garage doors, raised floor area Exterior features include open patio, boulder circled fire pit and creekside yard, Plenty of parking • Excellent natural light and flexible layout for events or dining Upper Level Features: • Commissary kitchen with 3-bay sink, hand sink, dry storage, cooler areas, staff bath, Chef’s office, Additional Highlights: • Zoning: River - Mixed-use / commercial • New Certificate of Completion • Ample onsite parking with easy access • NNN lease | Subdividable | Flexible terms available This property is ideal for a bar, café, food service venture, or creative mixed-use concept. With minimal build-out remaining, it’s ready for immediate occupancy—allowing operators to focus on their vision rather than construction. Built to last, steeped in local history, and poised for its next chapter—this property offers the perfect stage for Asheville’s next great concept.

219 Amboy Road, Asheville

Listing courtesy of Trailblazer Realty LLC. Dean@trailblazerrealestate.com

5 Doctors  Park Unit #H2, Asheville
$299,500
2 Baths ⋅ 4369037 MLS ⋅ ACTIVE Status
Fully built-out office condominium in the heart of Asheville's healthcare corridor, steps from Mission Hospital and close to downtown! Unit 5H2 offers an investor or owner-user a turnkey income stream with immediate upside through occupancy of one currently vacant office. The unit features five private offices (three plumbed) and is suited to exam or treatment use, along with a dedicated waiting room, break room, two restrooms, and storage. Four of the five offices are leased today, generating $2,100 per month in gross revenue. The fifth is vacant and ready for immediate occupancy, giving an owner-user room to plant their own practice or business inside an established, well-run building. Doctors Park is medical in character, but its use is not limited to medicine. The Association welcomes any owner or tenant whose work contributes to the community, and the building already pairs its healthcare practitioners with a general office tenant. Unit 5H2 was alternatively approved for co-working and adapts readily to professional services, general office, or creative reuse. Buyers looking beyond medicine will find a flexible, well-located footprint with room to make it their own. That said, the address earns its reputation. Doctors Park remains one of Asheville's most recognized professional addresses, home to a dense ecosystem of providers across multiple disciplines. Proximity to Mission Hospital, HCA Healthcare's flagship regional facility, makes it a natural fit for practitioners who value referral proximity and patient convenience, while downtown Asheville's amenities and regional draw sit just minutes away. The POA Fee covers utilities, common area maintenance, and parking, which keeps operating overhead simple for owner and tenants alike. At $612.95 per month, it is among the most competitive in the building. Whether you are an investor seeking a stabilized, income-producing asset in a supply-constrained submarket, or an owner-user looking to own your space while collecting rent from neighboring suites, Unit 5H2 is a strong entry point. DO NOT DISTURB Tenants. All showings must be scheduled through the List Agent(s). Proof of Funds or other Credibility Package required to schedule a showing.

5 Doctors Park Unit #H2, Asheville

Listing courtesy of Keller Williams Professionals. chris.gragtmans@kw.com

19 Rankin  Avenue Unit #1B, Asheville
$2,400,000
4368181 MLS ⋅ ACTIVE Status
Unit 1B at 19 Rankin Avenue presents a rare opportunity to acquire a ±4,768 SF creative office space within the Rankin Press Lofts, one of downtown Asheville’s most distinctive mixed-use buildings. The unit is currently in the process of being established through the subdivision of the existing Unit 1 into Units 1A and 1B, offering a unique opportunity to acquire newly defined space within a proven asset. Featuring high ceilings, Skylights, flexible layout, and a blend of private offices and open areas, the space is well suited for creative office, studio, or adaptive reuse concepts. The unit also benefits from an adjacent covered outdoor parking area, currently utilized for vehicle access and parking. This area may offer potential for alternative uses such as outdoor seating, loading dock, patio, or event-oriented space (subject to approvals), creating a unique opportunity to extend usable space beyond the interior footprint.

19 Rankin Avenue Unit #1B, Asheville

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

39 N Lexington  Avenue Unit #2, Asheville
$1,800,000
4367843 MLS ⋅ ACTIVE Status
39 N Lexington Ave, Unit 2 presents a rare opportunity to acquire a character-rich, flexible-use space in the heart of downtown Asheville. Currently operating as Sweet Peas Hostel, the property offers a unique layout with expansive common areas, multiple private rooms, and existing kitchen and full bath infrastructure already in place. Exposed brick, hardwood floors, and abundant natural light create an authentic environment well suited for creative office, boutique hospitality, live/work, or wellness-oriented concepts. Located in one of Asheville’s most desirable and walkable corridors, the property offers a compelling opportunity for an owner-user or investor seeking a distinctive downtown asset.

39 N Lexington Avenue Unit #2, Asheville

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

39 N Lexington  Avenue Unit #5, Asheville
$432,400
4367803 MLS ⋅ ACTIVE Status
This ground-level condo presents a rare opportunity to control a highly flexible space within one of downtown Asheville’s most prominent buildings. With direct street frontage and interior building access, the unit offers a level of functionality and versatility that is difficult to find in the urban core. Currently configured as a garage/storage suite, the space is positioned to serve as private parking, storage, or operational extension for nearby office or retail users. Alternatively, its layout and zoning allow for a wide range of adaptive uses ranging from boutique retail or creative studio space to unique concepts such as a speakeasy or private lounge. This commercial unit is only available for purchase as a tie in, in conjunction with one of the other Morrison or Rankin Press condo units owned by the seller. Not available for independent purchase.

39 N Lexington Avenue Unit #5, Asheville

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

330 Sweeten Creek  Road, Asheville
$750,000
3 Baths ⋅ 4362034 MLS ⋅ ACTIVE Status
Positioned along the highly traveled Sweeten Creek Road corridor just minutes from Interstate 40 at Exit 51, this distinctive mixed-use property offers exceptional flexibility for a wide range of commercial ventures. With approximately 30,000 vehicles passing daily, the property combines prominent visibility, convenient access and substantial on-site parking in an established South Asheville location near Biltmore Village, major employers and key transportation routes. The street-level commercial space provides an adaptable setting for an owner-user or tenant and lends itself to numerous possibilities, including medical or professional offices, retail, wellness, studio or creative space, showroom, service-based businesses and more. While the space is currently operated as a coffee shop, a purchaser is not tied to the existing use. Coffee-related equipment, furnishings and fixtures may be removed by the seller, allowing the next owner to reimagine the space around their own business or investment strategy. Adding to the property's versatility is a separately accessed two-bedroom, one-bath residence on the upper level, currently utilized as a short-term rental. The residential component creates opportunities for supplemental income, long-term rental use, employee or owner accommodations, or a convenient live/work arrangement. Approximately 25 dedicated parking spaces provide a significant advantage for customers, clients and employees, while an on-site billboard offers an additional source of revenue. Whether envisioned as an owner-occupied business location, income-producing investment or a combination of commercial and residential uses, this property offers the visibility, accessibility and adaptability to accommodate a variety of opportunities in the growing South Asheville market.

330 Sweeten Creek Road, Asheville

Listing courtesy of Premier Sotheby’s International Realty. 828-989-4487

77 Central  Avenue Unit #E, Asheville
$1,485,000
4 Baths ⋅ 4359590 MLS ⋅ ACTIVE Status
Positioned within a well-established professional office park in central Asheville, this ±6,613 SF two-story office building offers an excellent opportunity for professional or service-oriented users seeking a convenient and accessible location. The property features four bathrooms, functional multi-level space suitable for a variety of office configurations, and ample parking within a shared lot for tenants and visitors. Surrounded by long-term professional co-tenants, the setting provides a stable and business-focused environment. Centrally located near downtown Asheville and the Tunnel Road commercial corridor, the property offers close proximity to a variety of restaurants, retail, and service amenities, while providing convenient regional access approximately 1 mile to I-240, 4 miles to I-40, and easy connectivity via major corridors including Tunnel Road (US-70) and Charlotte Highway (US-74A). Zoned O2, the property supports a variety of professional office and institutional uses.

77 Central Avenue Unit #E, Asheville

Listing courtesy of Likewise Commercial Real Estate. carla@likewisecommercial.com

1297 Tunnel  Road, Asheville
$750,000
4360564 MLS ⋅ ACTIVE Status
Prime retail available for sale or lease at 1297 Tunnel Road in East Asheville, offering excellent visibility and direct frontage along one of the area’s busiest commercial corridors. This highly accessible site provides strong daily traffic counts and convenient connectivity to both Interstate 240 and Interstate 40, placing it just minutes from Downtown Asheville. Positioned within Asheville’s primary retail trade area near Asheville Mall, the site benefits from strong co-tenancy with national retailers, restaurants, and surrounding residential density. Ideal for a bank, quick-service restaurant, medical retail, or service-oriented user, this pad offers a rare opportunity to establish a presence along the high-traffic Tunnel Road corridor with flexible sale or ground lease options. *Though the property is not located in the flood zone, there was significant flooding from Helene. Internal work needs to be done.

1297 Tunnel Road, Asheville

Listing courtesy of Dewey Property Advisors. scott.raines@deweypa.com

58 Sweeten Creek  Road, Asheville
$440,000
4349162 MLS ⋅ ACTIVE UNDER CONTRACT Status
Discover a rare opportunity to create something extraordinary. This versatile property features a vacant structure with generous parking options, perfectly positioned to accommodate your next business venture. Strategically located within walking distance of the charming Biltmore Village and offering convenient access to multiple I-40 entry points, this property combines accessibility with prime visibility.Zoned under the Commercial Industrial District, the unique structure opens the door to a wide range of possibilities, catering to diverse business needs. Just minutes from Downtown Asheville and the iconic Biltmore Estate—one of the Southeast's premier tourist destinations—this parcel boasts an unbeatable location for attracting local and visitor traffic alike. Don’t miss the chance to transform this blank canvas into the foundation of your exceptional business.NO STORM DAMAGE/FLOODING FROM HELENE PER SELLER. Schedule a viewing today for 58 Sweeten Creek Road! Norfolk Southern has a current ROW over the parcel, which will have a lease agreement. Reach out to Listing Agent for more information.

58 Sweeten Creek Road, Asheville

Listing courtesy of Ellington Realty Group. spencer@ellingtonrealty.com

6 Brooklet  Street, Asheville
$2,200,000
5 Baths ⋅ 4346737 MLS ⋅ ACTIVE Status
Investment or Owner-user opportunity! This ±5,021SF medical office with ample on site parking offers a functional, well-appointed layout ideal for healthcare providers seeking a turnkey space in a highly accessible location conveniently located just off of Biltmore Ave. Investors enjoy $122k NOI. Possible owner-user scenario with upper-level unit lease ending July 2027. Zoned INST (Institutional), the property is well-suited for a variety of medical and related institutional uses. Both units have ground-level entry. Conveniently positioned just off I-40 and I-26, it provides quick access to Mission Hospital, AdventHealth Asheville, and other major healthcare facilities, making it an excellent choice for practices looking to be near established medical hubs.

6 Brooklet Street, Asheville

Listing courtesy of Likewise Commercial Real Estate. abigail@likewisecommercial.com

315 Haywood  Road Unit #111/211, Asheville
$699,000
2 Baths ⋅ 4344667 MLS ⋅ ACTIVE Status
RARE OPPORTUNITY to own a flexible live/work or fully commercial, two-story corner unit on Beacham’s Curve in West Asheville. This newer-construction brick building offers a turnkey street-level retail or studio space with excellent visibility and two points of ingress/egress—direct sidewalk access on Haywood Road for strong foot traffic, plus a secondary entrance from the rear covered/open parking area with two dedicated parking spaces. The ground floor features large storefront windows, an awning entry, high ceilings, polished concrete floors, and an ADA-compliant restroom, creating an inviting and functional commercial environment. The upper level is accessible from the main floor or via a private rear entrance, offering flexibility for residential or commercial use. Upstairs includes an open floor plan, abundant natural light, a full kitchen, and durable vinyl plank flooring—ideal as a living/dining space or bright office suite. The layout continues to a full bathroom and a loft-style bedroom or secondary office with access to a balcony. Low-maintenance construction and a prime, walkable location near galleries, breweries, restaurants, and shops along Haywood Road, with easy connectivity to the River Arts District greenway and Downtown Asheville. A rare chance to secure a highly visible, adaptable property in one of Asheville’s most dynamic corridors.

315 Haywood Road Unit #111/211, Asheville

Listing courtesy of Town and Mountain Realty. luiz@luizleonetti.com

1473 Patton  Avenue, Asheville
$625,000
4343101 MLS ⋅ ACTIVE UNDER CONTRACT Status
Exciting Opportunity! Rare opportunity for property fronting Patton Ave. The property contains a charming office building on 0.49 acres, perfect for business or creative space. This former car dealership office is perfect for a similar business. It has offices and meeting rooms perfect for many types of business. 120 feet of access from Patton Avenue and 195 feet on Gill street, give this property superb access to this major corridor. Patton Avenue is a main commercial artery in the Asheville Metro area. With 25,000 Cars per day at this location and 10,000 rooftops within 1 mile, this location has it all. The property is in the heart of West Asheville and offers, and HB zoning offers uses such as Retail, Restaurant, Apartments, Brewery, Medical Office, Car wash, Grocery store, all with a drive through possible. Corner location on Gill Street also adds to frontage and flexibility

1473 Patton Avenue, Asheville

Listing courtesy of Whitney Commercial Real Estate. awalker@whitneycre.com

15 Gill  Street, Asheville
$695,000
4343084 MLS ⋅ ACTIVE UNDER CONTRACT Status
Easy investment or owner-occupant opportunity. This property consists of a 1,049 SF single family rental home and a 1,917 SF warehouse. The home is currently rented, please do not disturb tenants. The warehouse is insulated, and heated with ceiling gas units, and has Three 12-foot drive-in doors. This is an incredibly flexible and useful building. Occupy this warehouse for your business or rent it out. Keep the tenants in the single family home or convert it to office in the future. Chain-link fence with screening for security and privacy. Patton Avenue is a main commercial artery in the Asheville Metro area. With 25,000 Cars per day at this location and 10,000 rooftops within 1 mile, this location has it all. The property is in the heart of West Asheville and offers, and HB zoning offers uses such as Retail, Restaurant, Apartments, Brewery, Medical Office, Car wash, Grocery store, all with a drive through possible. Corner location on Gill Street also adds to frontage and flexibility

15 Gill Street, Asheville

Listing courtesy of Whitney Commercial Real Estate. awalker@whitneycre.com

103 Weaverville  Road, Asheville
$1,750,000
4341897 MLS ⋅ ACTIVE Status
Excellent redevelopment opportunity with 3.19+/- acres located in rapidly developing Woodfin. Located 676 FT from I-26 (Exit 23), the property features interstate visibility (62,500 VPD) along busy Weaverville Rd. (11,500 VPD) and is 9 minutes to downtown Asheville. Water, sewer, electric, and natural gas on site. The site is surrounded by a mixed-use development, Reynolds Village, as well as manufacturing facilities, numerous retailers, businesses, and many supportive single and multi-family developments. Woodfin is known for its small-town mountain lifestyle with big-city amenities. The property contains 4 parcels and is being sold as-is. Sellers make no representation on the condition of homes. Please do not disturb the tenants. Contact listing agent for more information.

103 Weaverville Road, Asheville

Listing courtesy of Likewise Commercial Real Estate. darrell@likewisecommercial.com

93 Broadway  Street, Asheville
$725,000
4340400 MLS ⋅ ACTIVE UNDER CONTRACT Status
Great opportunity in downtown Asheville at the intersection of Woodfin and Broadway just behind the Lazy Diamond and 1/2 block from the 240 Connector. Owner financing a possibility at commercial lending rates. Block building with rollup door. A perfect empty slate for redevelopment. 0.15 Acre corner lot in the heart of the North Lexington Avenue district. Could easily be a great dive bar or food service or a small warehouse (or all of the above). A great long term hold.••Highlights••Perfect as an empty slate redevelopment project•Could be a great dive bar, restaurant, food service, small warehouse. Excellent location at the intersection of Woodfin and Broadway - multiple signalized intersections•1/2 a block from the 240 Connector. Located in the heart of the North Lexington Avenue district•A great long-term hold.

93 Broadway Street, Asheville

Listing courtesy of Dewey Property Advisors. greg.palombi@deweypa.com

7 Mcdowell  Street Unit #100/300, Asheville
$2,140,000
4336340 MLS ⋅ ACTIVE Status
Featuring the sale of two units (100 & 300) with a combined square footage of 6,410. Part of the 7 McDowell Street Condominiums, the building was constructed in 1979 on 1.117 acres. The property has recently undergone upgrades, including a new roof, and a resurfaced asphalt parking lot. The tenant, Labcorp, has recently renovated the interior. LabCorp has been a great national & long-term tenant in the space. Located in a centralized location, within view of Mission Hospital, this property presents a compelling investment opportunity. The property is ideally located in downtown Asheville, NC, offering convenient access to a range of amenities Nearby, you'll find a variety of dining options, local breweries, and boutique shops, as well as essential services such as pharmacies and healthcare facilities. The Thomas Wolfe Memorial, Pack Square Park, and the Asheville Art Museum are also in close proximity. With easy access to urban conveniences, the property's location is a well-suited location to operate your business for both guests and employees alike.

7 Mcdowell Street Unit #100/300, Asheville

Listing courtesy of Whitney Commercial Real Estate. rwhitney@whitneycre.com

99999 Sweeten Creek  Road, Asheville
$141,000
4335424 MLS ⋅ ACTIVE Status
Located on high-traffic Sweeten Creek Road in Asheville, NC, this 2.05-acre vacant lot presents a development opportunity in the RM-16 zoning district, which allows for multifamily residential potential. The property is level and features exceptional visibility with 332 feet of frontage on Sweeten Creek Road (US-25) and an additional 292 feet of frontage on Edgewood Road, providing multiple access points. The site is situated within a floodplain. The property is approximately 1.5 miles from I-40, 3 miles from I-26, and just minutes from Downtown Asheville, Biltmore Village, and Asheville Regional Airport, making it a highly accessible location for residential development in a growing corridor.

99999 Sweeten Creek Road, Asheville

Listing courtesy of Likewise Commercial Real Estate. stacy@likewisecommercial.com

853 Merrimon  Avenue, Asheville
$2,150,000
4329956 MLS ⋅ ACTIVE Status
A rare property, two parcels together offering .78 acres, 130' of frontage on Merrimon corridor in North Asheville. Can be a redevelopment or investment opportunity with high traffic (17,500 cars/day) in the heart of the desirable Grace Neighborhood. One mile from downtown Asheville, 1/2 mile from UNC-A. The area is just south of the very desirable Beaver Dam and Asheville Country Club area, and is known for walkability and proximity to downtown. The Grace Building is on the highly trafficked Merrimon Ave. (17,500 cars daily) with 130’ of frontage. Pro forma suggests a cap rate of 7.5% with spaces full at market rates. Plenty of surface parking especially with the included 0.31 acre lot behind the building. With some renovation and/or creative re-development, given its desirable location, this is a strong, long-hold investment. The property is zoned CBII and RM enabling a multitude of uses, including retail, food / beverage / brewing, professional office, medical office, fitness and art studios, among others. There are 5500 residences within 1/2 mile of this location.

853 Merrimon Avenue, Asheville

Listing courtesy of Tessier Associates. bill.steig@tessiergroup.com

297 Hillside  Street, Asheville
$950,000
4326757 MLS ⋅ ACTIVE Status
Is this the most interesting property available in Asheville? Even without the eclectic furnishings (some of which are available), the unique and versatile layout lends itself to a variety of uses: single-family, multifamily, rental, live/work, artist studio, retail/commercial, or a mix. Zoning is the rare and coveted Neighborhood Business. So many extraordinary touches and endless customizations make it special, showing the high quality and thoughtful design. The studio apartment is being left fully furnished/turnkey and has been a reliable rental at $1800+ per month. Second floor living area has been rented for $2600+ per month. The first floor live/work space is also being prepared for rental which will bring in additional revenue. Amazing location in a friendly neighborhood in between Charlotte St and Merrimon Ave and just a mile to downtown. 3 bedrooms, 4 bathrooms, 3 kitchens, plus a bonus loft at the top! City confirmed that homestay short term rental STR possibility with two of the units with minor modifications if you live in the third. Sellers explored connecting the first and second floors to make it a more traditional two-story home but preferred the current layout so that hasn't been done but is possible according to the sellers and the City. It is well built and well-maintained. Provide proof of funds or preapproval letter with showing request. Check out the 3-D walk-through to get a sense of the layout and efficient design. Sellers are willing to consider owner financing - make an offer!

297 Hillside Street, Asheville

Listing courtesy of DRG Homes & Land. buck@dwellavl.com

408 Depot  Street Unit #150, Asheville
$765,000
2 Baths ⋅ 4316706 MLS ⋅ ACTIVE Status
For sale, this office/ retail condo offers ±2,224 SF of warm shell space ready for buyer customization and build-out. Previously configured as a medical office, the suite provides a flexible layout ideal for medical, wellness, or professional use. Located in the heart of Asheville’s vibrant River Arts District, just blocks from Mission Hospital, surrounded by restaurants, galleries, and creative businesses, and with easy access to I-240 and I-26, the property combines convenience with character. Highlights include shared parking across Depot Street, street parking in front, and the opportunity to create a modern, efficient office in one of Asheville’s most dynamic and walkable neighborhoods.

408 Depot Street Unit #150, Asheville

Listing courtesy of Likewise Commercial Real Estate. carla@likewisecommercial.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”

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