Mixed-Use Property with Retail
For Lease
$6 SF/Yr
1 Balcrank Way, Weaverville, NC 28787
Flexible commercial spaces support retail, gallery, restaurant, and activity-based uses with substantial on-site parking.
Space Size5,000 SF - 40,000 SF
Days on Market31
Property Features for 1 Balcrank Way
General Information
Standard status
Active
Size
5,000 SF - 40,000 SF
Net Rentable
5,000 SF
Additional Details
Available Space
5,000-40,000 SF
Building Details
Year Built
1954
Tenancy
Multi
Listing Agency:
RE/MAX Results
(828) 230-8068
Listed By:
Toby Davis · License #65893
Source:
Lewisandkirk
Added: Jul 31
Changed: Aug 30
Last Checked: Aug 30 at 12:29AM
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.
Built in 1954, this mixed-use property offers commercial spaces ranging from 5,000 square feet to 40,000 square feet. The planned concept combines retail, gallery, restaurant, and activity-oriented uses within an arts-focused venue. Warehouse leasing is not permitted, while outdoor space may also be available for a retail operation such as a nursery or garden center.
The property includes a substantial parking lot and is located at 1 Balcrank Way in Weaverville, just outside Asheville’s city limits. It sits between Asheville and Weaverville, approximately 12 minutes from downtown Asheville and 7 minutes from downtown Weaverville.
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 its build-out and plans to open in fall 2026. An outdoor flea market is planned to open by summer 2026.
The property includes a substantial parking lot and is located at 1 Balcrank Way in Weaverville, just outside Asheville’s city limits. It sits between Asheville and Weaverville, approximately 12 minutes from downtown Asheville and 7 minutes from downtown Weaverville.
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 its build-out and plans to open in fall 2026. An outdoor flea market is planned to open by summer 2026.
Key Highlights
- 5,000‑square‑foot to 40,000‑square‑foot commercial spaces
- Planned retail, gallery, restaurant, and activity‑based venue
- Substantial on‑site parking lot
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
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 spaces support retail, gallery, restaurant, and activity-based uses with substantial on-site parking.
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: 5,000‑square‑foot to 40,000‑square‑foot commercial spaces; Planned retail, gallery, restaurant, and activity‑based venue; Substantial on‑site parking lot
