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Retail & Entertainment Center Campus

1 Balcrank Way Weaverville, NC 28787

1 Balcrank Way, Weaverville, NC, 28787
$6 SF/Yr
For Lease
$6 SF/Yr

COMMERCIAL - Weaverville, NC

Property Size40,000 SF
Lot Size33.00 Acres
Days on Market151

Property Features for 1 Balcrank Way

General Information

Property type
Commercial Lease
Property subtype
Retail
Parking features
Parking Lot
Standard status
Active
APN
9742-24-9167-00000
Lot size
33.00 Acres

Taxes and HOA fees

Tax Description
DEED DATE:02/08/2017 DEED:5518-1875

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas

Building Details

Year built
1954
Flooring type
Concrete
Building materials
Block, Brick Partial, Metal
Roof type
Rubber
Listing Agency RE/MAX Results
116 N Main Street, Hendersonville, NC
Listed by Toby Davis · License #65893
Added: Feb 17 Checked: Jul 18 at 3:06 am
MLS# 4349045

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

The property is a rebranded retail and activity-based campus known as The Dry Ridge Fairgrounds and The Dry Ridge Arcade. Leasing options are planned in a range of approximately 5,000 to 40,000 square feet, with tenant space envisioned for retail, galleries, restaurants, and other activity-based uses. The indoor portion includes space at the far end of the building for the Balcrank Indoor Pickleball Club, which is in the process of building out and is expected to be completed by July of 2026. Additional planned improvements include Ironwood Fitness, also in build out with an expected opening in fall of 2026. Outdoor programming is planned for the Dry Ridge Fairgrounds outdoor flea market, expected to open in summer 2026.

The center is located just outside the Asheville city limits and between Asheville and Weaverville, about 12 minutes to Downtown Asheville and about 7 minutes to Downtown Weaverville. The parking lot is described as huge and more than ample for the property. The owner is also open to leasing outdoor space to a retail business such as a nursery or garden center.

This property is positioned for tenants seeking non-warehouse environments, with the owner stating that no space will be leased for warehouse use. Given the combination of retail, gallery, restaurant, and activity-based programming, the campus may fit operators looking to support foot traffic and experiential offerings aligned with the planned indoor and outdoor components through 2026.

Key Highlights

  • Arts‑based hub with spaces from 5,000 SF to 40,000 SF for retail, gallery, restaurant, and activity‑based venues
  • Natural gas heating, concrete flooring, and rubber roof; block, partial brick, and metal construction
  • Parking lot is ample for the property, with on‑site parking lot spaces

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Shopping centers

Suggested Use

Building Supply Dental Office Auto Parts Store Restaurant Pharmacy Big Box & Wholesale Store Nail Salon Hair Salon Storage Facility Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Coin Cloud Bitcoin ATM — 75 Reems Creek Rd, Weaverville, NC 28787

FAQs

What type of property is this?
Shopping center - Large parking and planned entertainment tenants support flexible retail, gallery, and restaurant space leasing.
Where is this shopping center located?
The property is located at 1 Balcrank Way Weaverville, NC.
What is the lease rate?
The lease rate is $6 SF/Yr.
What are key features of this property?
This property features: Arts‑based hub with spaces from 5,000 SF to 40,000 SF for retail, gallery, restaurant, and activity‑based venues; Natural gas heating, concrete flooring, and rubber roof; block, partial brick, and metal construction; Parking lot is ample for the property, with on‑site parking lot spaces
Contact an agent
More about this property
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