Turnkey Restaurant and
For Sale
$1,300,000
1-111 Broadway St, Asheville, NC 28801
Two-entrance bar and restaurant property includes fixtures and equipment for operations, with outdoor parklets for dining.
Property SizeContact for details
Days on Market518
Property Features for 1-111 Broadway St
General Information
Standard status
Active
Listing Agency:
REALTY ONE GROUP PIVOT ASHEVILLE
(828) 505-2644
Listed By:
Monica Rousseau · License #288295
(828) 676-7264
Source:
Exprealty
Added: Apr 8, 2025
Changed: Aug 21
Last Checked: Sep 6 at 1:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REALTY ONE GROUP PIVOT ASHEVILLE
Investment Insights
Based on property information with market context.
This for-sale downtown Asheville property is set up for bar and restaurant operations with a stylish interior layout. The space includes necessary fixtures and equipment for running the venues as currently configured. There are two entrances to the building, with primary access on N. Lexington Street for both downstairs and upstairs areas, while the Broadway Street entrance provides access only to the upstairs bar and restaurant.
Two parklets are located outside the property on 116 N. Lexington Street, supporting outdoor dining. Access is supported by a paid parking lot across the street on N. Lexington Street along with street parking on the block.
A current tenant is in place under a lease term through June 30, 2028.
Two parklets are located outside the property on 116 N. Lexington Street, supporting outdoor dining. Access is supported by a paid parking lot across the street on N. Lexington Street along with street parking on the block.
A current tenant is in place under a lease term through June 30, 2028.
Key Highlights
- Two‑entrance bar and restaurant property with access on Broadway Street and N. Lexington Street
- 116 N. Lexington Street provides primary access to both downstairs and upstairs venues
- Broadway Street entrance accesses only the upstairs bar and restaurant
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,310
Businesses Nearby
138k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 37%
Shops & Services 26%
Groceries 15%
Office Supplies 8%
Whole Foods Market
Groceries
20,347 visits/mo
0.4 miles
Shell
Shops & Services
20,324 visits/mo
0.3 miles
Staples
Office Supplies
11,125 visits/mo
0.4 miles
State Employees Credit Union
Shops & Services
9,288 visits/mo
0.4 miles
Cambria Hotel Downtown Asheville
Hotels & Casinos
8,998 visits/mo
0.1 miles
Demographics for 28801, NC
15,148
Population
8,490
Households
1.8
Avg Household Size
39
Median Age
53%
College-Educated
93%
High-School Grad
5.1 sq mi
ZIP Area
2,970
Density / Sq Mi
$51,125
Median Household Income
$38,829
Median Earnings
$1,130
Median Rent
$481,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bar & Pub - Two-entrance bar and restaurant property includes fixtures and equipment for operations, with outdoor parklets for dining.
Where is this bar & pub located?
The property is located at 1-111 Broadway St Asheville, NC.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Two‑entrance bar and restaurant property with access on Broadway Street and N. Lexington Street; 116 N. Lexington Street provides primary access to both downstairs and upstairs venues; Broadway Street entrance accesses only the upstairs bar and restaurant
