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Turnkey Full-Service Restaurant
For Sale
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101 New Leicester Hwy, Asheville, NC 28806

Turnkey full-service restaurant with 90 seats and 35 parking spaces, with all FF&E included.

Property SizeContact for details
Days on Market124

Property Features for 101 New Leicester Hwy

General Information

Standard status Active
Total Parking Spaces 35
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Furnished Yes
Listing Agency: Dewey Property Advisors
Listed By: Scott Raines, CCIM · License #NC 226165
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 10:06AM

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 Dewey Property Advisors

Investment Insights

Based on property information with market context.

Turnkey full-service restaurant available for sale on New Leicester Highway in Asheville, NC. The sale includes all FF&E, supporting a ready-to-operate transition for the next operator. Seating is configured for 90 guests, and the property provides 35 parking spaces.

The restaurant is positioned on New Leicester Highway, with reported excellent visibility and proximity to Patton Avenue, located about half a mile away.

This offering is best suited for buyers seeking an operational restaurant setup with established on-site seating capacity and parking.

Key Highlights

  • Turnkey full‑service restaurant on New Leicester Highway in Asheville, NC
  • 90 seats
  • 35 parking spaces

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Parking Lot & Garage Dental Office Real Estate Agency Bakery Cafe & Coffee 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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

548
Businesses Nearby
20k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 84% Shops & Services 12% Home Improvements & Furnishings 4%
Burger King Dining
10,389 visits/mo 0.5 miles
Firehouse Subs Dining
4,189 visits/mo 0.5 miles
Papa John's Pizza Dining
2,338 visits/mo 0.5 miles
State Farm Insurance Shops & Services
1,192 visits/mo 0.5 miles
Aaron's Home Improvements & Furnishings
910 visits/mo 0.5 miles

Demographics for 28806, NC

44,621
Population
21,185
Households
2.1
Avg Household Size
37
Median Age
45%
College-Educated
91%
High-School Grad
38.1 sq mi
ZIP Area
1,171
Density / Sq Mi
$59,925
Median Household Income
$37,743
Median Earnings
$1,224
Median Rent
$335,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey full-service restaurant with 90 seats and 35 parking spaces, with all FF&E included.
Where is this conventional restaurant located?
The property is located at 101 New Leicester Hwy Asheville, NC.
What are key features of this property?
This property features: Turnkey full‑service restaurant on New Leicester Highway in Asheville, NC; 90 seats; 35 parking spaces
(828) 548-0090 Call to check price and availability
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