Flexible Retail
For Lease
$3,493/Mo
41 N Merrimon Avenue #101/103, Asheville, NC 28804
Partitioned walls, two bathrooms, and additional plumbing support a customizable commercial layout.
Space Size2,875 SF
Days on Market603
Property Features for 41 N Merrimon Avenue #101/103
General Information
Standard status
Active
Size
2,875 SF
Net Rentable
2,875 SF
Space & Availability
Available Space
2,875 SF
Contiguous Space
2,875 SF
Divisible
Yes
Space Use
Retail
Additional Details
Highway Access
Yes
Amenities
2 bathrooms
free parking
walkable village
additional plumbing
Building Details
Building Size
2,395 SF
Year Built
2010
Buildings
1
Stories
3
Tenancy
Multi
Listing Agency:
Whitney Commercial Real Estate
(828) 665-9085
Listed By:
Jason Burk
Source:
Techrealtyllc
Added: Dec 16, 2024
Changed: Aug 8
Last Checked: Aug 10 at 11:06AM
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 Whitney Commercial Real Estate
Investment Insights
Based on property information with market context.
This 2,875 SF retail suite offers a partially partitioned layout, two bathrooms, and additional plumbing that can accommodate a range of build-out plans. The space was most recently configured as a lighting gallery and store and may be subdivided. Built in 2010, the suite is located within the Shops at Reynolds Village, where multiple retail suites are available in varying sizes.
The mixed-use project includes 200 apartment units above the retail shops, with reported occupancy of 98.5%. The property is near I-26 and Weaverville Road at 41 N Merrimon Avenue, with free parking directly in front of the shops. The walkable village setting also includes a variety of existing businesses throughout the complex.
The mixed-use project includes 200 apartment units above the retail shops, with reported occupancy of 98.5%. The property is near I-26 and Weaverville Road at 41 N Merrimon Avenue, with free parking directly in front of the shops. The walkable village setting also includes a variety of existing businesses throughout the complex.
Key Highlights
- 2,875 SF retail suite with partitioned walls and subdivision potential
- Two bathrooms plus additional plumbing for build‑out flexibility
- Most recently operated as a lighting gallery and store
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.19 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,706
Businesses Nearby
288k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 39%
Dining 21%
Hotels & Casinos 17%
Shops & Services 16%
Trader Joe's
Groceries
46,740 visits/mo
0.2 miles
Harris Teeter
Groceries
45,099 visits/mo
0.2 miles
Chick-fil-A
Dining
41,844 visits/mo
0.3 miles
Whole Foods Market
Groceries
20,347 visits/mo
0.1 miles
Shell
Shops & Services
20,324 visits/mo
0.0 miles
Demographics for 28804, NC
23,964
Population
11,716
Households
2
Avg Household Size
44
Median Age
60%
College-Educated
93%
High-School Grad
28.7 sq mi
ZIP Area
835
Density / Sq Mi
$79,709
Median Household Income
$37,169
Median Earnings
$1,399
Median Rent
$528,500
Median Home Value
Market
Lease Benchmarks for Asheville, NC
$25.9 /SF/Yr
Avg Asking Price
$14.58–$40 /SF/Yr
Price Range
7,285 SF
Avg Space Size
This space is priced 44% below the average of $25.9 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Partitioned walls, two bathrooms, and additional plumbing support a customizable commercial layout.
Where is this retail space located?
The property is located at 41 N Merrimon Avenue #101/103 Asheville, NC.
What is the lease rate?
The lease rate is $3,493/Mo.
What are key features of this property?
This property features: 2,875 SF retail suite with partitioned walls and subdivision potential; Two bathrooms plus additional plumbing for build‑out flexibility; Most recently operated as a lighting gallery and store
