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    5 Boston Way Asheville, NC 28803

    For Sale
    $998,000

    Historic building in Biltmore Village ready for buildout.

    Property size:
    3,257 SF

    Property Features for 5 Boston Way

    General Information

    Size
    3,257 SF

    Building Details

    Year built
    1895

    Source: Rick Tisdale Agent Rick Tisdale

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Biltmore Village Retail Opportunity

    This property is located in historic Biltmore Village, at the corner of Boston Way and Swan Street. The building, formerly a Christmas shop, has over 3,200 square feet of space. The building has been remediated by a professional company. The top floor is unharmed, while the bottom floor is ready for a new buildout.
    Location Intelligence

    Current Use by Public Records

    Olde World Christmas ... Gift Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Memorial Campus Gift Shop

    Location Insight

    • Map
    • Local Demand
    City
    Asheville
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.5415089
    Latitude
    35.5664735

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    FAQs

    What type of property is this?
    Storefront property - Historic building in Biltmore Village ready for buildout.
    Where is this storefront property located?
    The property is located at 5 Boston Way Asheville, NC.
    What is the asking price?
    The asking price for this property is $998,000.
    What are key features of this property?
    This property features: - Prime location in the heart of historic Biltmore Village.; - Substantial space with over 3,200 sqft.; - Remediation completed by a professional company.
    (828) 258-6399
    Request Owner's contact information
    5 Boston Way Asheville, NC 28803
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5 Boston Way Asheville, NC 28803
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