Downtown Restaurant and
For Sale
$1,300,000
111 Broadway Street # 1, Asheville, NC 28801
CBD-zoned hospitality space with installed fixtures, equipment, and two access points for bar and restaurant operations.
Property SizeContact for details
Days on Market514
Property Features for 111 Broadway Street # 1
General Information
Standard status
Active
Property subtype
Commercial
Zoning
CBD
Additional Details
Road Access
Yes
Equipment Included
Yes
Amenities
parklets
Concrete,Tile,Wood
No
Building,Equipment,Fixtures,Land
City
0.04
Paved
City Street
Publicly Maintained Road
Building Details
Year Built
1919
Listing Agency:
Debbie C Realty LLC
(864) 242-6650
Listed By:
Shirley Magilton
(856) 236-6117
Source:
Cdanjoyner
Added: Apr 8, 2025
Changed: Sep 3
Last Checked: Sep 2 at 1:51PM
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 Debbie C Realty LLC
Investment Insights
Based on property information with market context.
This 1919-built restaurant property includes dedicated bar and dining areas with concrete, tile, and wood interior finishes. Existing fixtures and equipment support bar and restaurant operations, while two exterior parklets provide outdoor dining space. The property is zoned CBD.
Access is available from both Broadway Street and N. Lexington Street. The Broadway entrance serves the upstairs bar and restaurant, while the N. Lexington entrance provides access to both levels. Parking is available in a paid lot across N. Lexington Street, with additional street parking on the block. A tenant is in place under a lease running through June 30th, 2028.
Access is available from both Broadway Street and N. Lexington Street. The Broadway entrance serves the upstairs bar and restaurant, while the N. Lexington entrance provides access to both levels. Parking is available in a paid lot across N. Lexington Street, with additional street parking on the block. A tenant is in place under a lease running through June 30th, 2028.
Key Highlights
- Established bar and restaurant layout with existing fixtures and equipment
- Two outdoor parklets support dining outside the building
- Two entrances: Broadway Street and N. Lexington Street
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
5,260
Businesses Nearby
287k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 39%
Dining 21%
Hotels & Casinos 18%
Shops & Services 16%
Trader Joe's
Groceries
46,740 visits/mo
0.3 miles
Harris Teeter
Groceries
45,099 visits/mo
0.4 miles
Chick-fil-A
Dining
41,844 visits/mo
0.5 miles
Whole Foods Market
Groceries
20,347 visits/mo
0.3 miles
Shell
Shops & Services
20,324 visits/mo
0.2 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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - CBD-zoned hospitality space with installed fixtures, equipment, and two access points for bar and restaurant operations.
Where is this conventional restaurant located?
The property is located at 111 Broadway Street # 1 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: Established bar and restaurant layout with existing fixtures and equipment; Two outdoor parklets support dining outside the building; Two entrances: Broadway Street and N. Lexington Street
