Arts-Oriented Mixed-Use
For Lease
$6 SF/Yr
1 Balcrank Way, Weaverville, NC 28787
Flexible commercial venue accommodates retail, gallery, restaurant, and activity-based concepts.
Space SizeContact for details
Property Size132,000 SF
Days on Market184
Property Features for 1 Balcrank Way
General Information
Standard status
Active
Size
132,000 SF
Building Details
Building Size
132,000 SF
Year Built
1954
Listing Agency:
RE/MAX Results
(828) 489-3131
Listed By:
Toby Davis · License #65893
Source:
Techrealtyllc
Added: Feb 17
Changed: Aug 18
Last Checked: Aug 19 at 2:22PM
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 RE/MAX Results
Investment Insights
Based on property information with market context.
The property is a 30,000-square-foot mixed-use venue built in 1954 and rebranded as The Dry Ridge Fairgrounds and The Dry Ridge Arcade. Space configurations are described from 5,000 square feet to 40,000 square feet for retail, gallery, restaurant, and activity-oriented uses. Warehouse occupancy is excluded. Outdoor space may also be available for a retail business such as a nursery or garden center.
Balcrank Indoor Pickleball Club occupies a large area at the far end of the building and is completing its build-out, with completion expected by July 2026. Ironwood Fitness is also completing a build-out and plans to open in fall 2026. The Dry Ridge Fairgrounds Outdoor Flea Market is scheduled to open in summer 2026.
The property includes a large parking lot and is located between Asheville and Weaverville, just outside the Asheville city limits. Downtown Asheville is approximately 12 minutes away, while downtown Weaverville is approximately 7 minutes away.
Balcrank Indoor Pickleball Club occupies a large area at the far end of the building and is completing its build-out, with completion expected by July 2026. Ironwood Fitness is also completing a build-out and plans to open in fall 2026. The Dry Ridge Fairgrounds Outdoor Flea Market is scheduled to open in summer 2026.
The property includes a large parking lot and is located between Asheville and Weaverville, just outside the Asheville city limits. Downtown Asheville is approximately 12 minutes away, while downtown Weaverville is approximately 7 minutes away.
Key Highlights
- 30,000‑square‑foot mixed‑use property built in 1954
- Space configurations described from 5,000 square feet to 40,000 square feet
- Large parking lot serving the property
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$0.90 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
107
Businesses Nearby
Explore this area
Business Placement
Demographics for 28787, NC
21,948
Population
10,863
Households
2
Avg Household Size
47
Median Age
44%
College-Educated
93%
High-School Grad
79.5 sq mi
ZIP Area
276
Density / Sq Mi
$75,051
Median Household Income
$39,724
Median Earnings
$1,198
Median Rent
$379,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible commercial venue accommodates retail, gallery, restaurant, and activity-based concepts.
Where is this mixed-use property 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: 30,000‑square‑foot mixed‑use property built in 1954; Space configurations described from 5,000 square feet to 40,000 square feet; Large parking lot serving the property
