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Neighborhood Retail Center with 4 Units
For Sale
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1453 Merrimon Avenue, Asheville, NC 28804

Neighborhood retail center offers separate utilities and configuration for four units, currently fully occupied by Asheville Pet Supply.

Property SizeContact for details
Days on Market124

Property Features for 1453 Merrimon Avenue

General Information

Standard status Active
Property subtype Retail
Occupancy 100%
Listing Agency: Dewey Property Advisors
Listed By: Scott Raines, CCIM · License #NC 226165
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 12:39PM

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.

This neighborhood retail center is configured for four units, with separate utilities and setup to support multiple tenants. The property is 100% occupied by Asheville Pet Supply, operating at sub-market rent.

Located on Merrimon Avenue at 1453 Merrimon Avenue in Asheville, NC, the center is being offered for sale.

For investors or owner-operators seeking a multi-unit retail setup, the current occupancy and unit configuration provide a straightforward starting point for evaluating income performance and potential rent improvement.

Key Highlights

  • Neighborhood retail center on Merrimon Avenue for sale
  • Set up/configured for 4 units with separate utilities
  • Currently 100% occupied by Asheville Pet Supply

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Auto Parts Store Building Supply Auto Repair 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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,513
Businesses Nearby
233k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 48% Dining 28% Shops & Services 16% Office Supplies 5%
Trader Joe's Groceries
46,740 visits/mo 0.2 miles
Harris Teeter Groceries
45,099 visits/mo 0.1 miles
Chick-fil-A Dining
41,844 visits/mo 0.0 miles
Whole Foods Market Groceries
20,347 visits/mo 0.3 miles
Shell Shops & Services
20,324 visits/mo 0.3 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

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
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Similar Off Market Nearby

  • Reynolds Village Shopping Center 41 N Merrimon Ave, Asheville, NC 28801
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Frequently Asked Questions

What type of property is this?
Shopping center - Neighborhood retail center offers separate utilities and configuration for four units, currently fully occupied by Asheville Pet Supply.
Where is this shopping center located?
The property is located at 1453 Merrimon Avenue Asheville, NC.
What are key features of this property?
This property features: Neighborhood retail center on Merrimon Avenue for sale; Set up/configured for 4 units with separate utilities; Currently 100% occupied by Asheville Pet Supply
(828) 548-0090 Call to check price and availability
More about this property
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