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Historic Mixed-Use Industrial Building
For Sale
$2,250,000

9 Reed Street, Asheville, NC 28803

Commercial Sale, Asheville, NC

Property SizeContact for details
Lot Size2.37 Acres
Days on Market48

Property Features for 9 Reed Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning description RIV
Lot features Flood Plain/ Bottom Land, Level
Directions GPS is accurate
Standard status Active
APN 9648-70-3204-00000
Lot size 2.37 Acres

Taxes and HOA fees

Tax Description Deed Date: 05/29/1998 Deed: 2027-0430 Subdiv: Block: Lot: Section: Plat: 0000-0000
Legal Description Deed Date: 05/29/1998 Deed: 2027-0430 Subdiv: Block: Lot: Section: Plat: 0000-0000

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas

Building Details

Year built 1921
Floors in Building 1
Flooring type Concrete
Building materials Block, Brick Partial
Roof type Rubber, Wood
Listing Agency: Century 21 Connected
Listed By: Chris Smith · License #279674
Added: Jul 31 Changed: Sep 16 Last Checked: Sep 16 at 7:06AM
MLS# 4407621

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.

Set on 2.37 acres, this historic mixed-use property includes an industrial building constructed in 1921. The structure features heavy-duty steel support beams, expansive pour-ready concrete foundations, exposed historic brickwork, concrete flooring, and block and partial-brick construction. Forced-air heating, natural gas service, public sewer, and a roof combining rubber and wood are also in place.

The property is located at 9 Reed Street in Asheville, near the entrance to Biltmore Estate, Biltmore Village, downtown Asheville, and Interstate 40. The site is positioned for redevelopment or adaptive reuse, with source-supported possibilities including mixed-use development, office, retail, hospitality, and investment uses.

Key Highlights

  • 2.37‑acre mixed‑use property in Asheville
  • 1921 industrial building with historic brickwork
  • Heavy‑duty steel support beams and pour‑ready concrete foundations

Property Analytics

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Current Use

Reed St. Lot Parking Lot & Garage The Track at Asheville Bar & Pub Dwellings Furniture & Home Goods Ambiente Modern Furniture Furniture & Home Goods Smith Shibori Michael Business Management Consultant

Suggested Use

Top Pick Law Firm HVAC Service Electrical Service Big Box & Wholesale Store Auto Parts Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,121
Businesses Nearby

Demographics for 28803, NC

34,108
Population
18,322
Households
1.9
Avg Household Size
43
Median Age
50%
College-Educated
93%
High-School Grad
38.4 sq mi
ZIP Area
888
Density / Sq Mi
$70,638
Median Household Income
$41,057
Median Earnings
$1,455
Median Rent
$408,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - 1921 building with exposed brickwork, steel framing, and concrete foundations suited to adaptive reuse or redevelopment.
Where is this mixed-use property located?
The property is located at 9 Reed Street Asheville, NC.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 2.37‑acre mixed‑use property in Asheville; 1921 industrial building with historic brickwork; Heavy‑duty steel support beams and pour‑ready concrete foundations
More about this property
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