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Freestanding Storefront Building
For Sale
$1,400,000
Pending

167 Patton Avenue, Asheville, NC 28801

An open-plan commercial property with CBD zoning and an existing lease.

Property SizeContact for details
Days on Market12

Property Features for 167 Patton Avenue

General Information

Standard status Pending
Property subtype Commercial
Zoning CBD

Additional Details

Corner Location Yes
Tenant in Place Yes

Building Details

Year Built 1961
Listing Agency: Tessier Associates
Listed By: Stoner Giltz · License #4290430
Source: Geoffcampbell
Added: Oct 19 Changed: Oct 26 Last Checked: Oct 29 at 10:58PM

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 Tessier Associates

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Investment Insights

Based on property information with market context.

This freestanding storefront at 167 Patton Avenue has an open floor plan and was built in 1961. The property is zoned CBD, and a lease is currently in place.

The building occupies a signalized corner in downtown Asheville. Parking is available, and the corner setting offers signage exposure.

Key Highlights

  • Freestanding building with an open floor plan
  • CBD zoning
  • Built in 1961

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Ec car Car Rental Facility

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Locksmith Tanning Salon Nursing Home Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,064
Businesses Nearby
81k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 55% Shops & Services 22% Dining 12% Apparel 9%
Citgo Shops & Services
11,201 visits/mo 0.5 miles
Cambria Hotel Downtown Asheville Hotels & Casinos
8,998 visits/mo 0.2 miles
Kimpton Hotel Arras Hotels & Casinos
8,356 visits/mo 0.3 miles
Embassy Suites By Hilton Asheville Downtown Hotels & Casinos
7,794 visits/mo 0.2 miles
Mellow Mushroom Dining
7,714 visits/mo 0.4 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • Studio Flora Diva Inc — 1 Page Ave #112-H, Asheville, NC 28801
  • Bloomin' Art — 60 Haywood St, Asheville, NC 28801
  • Shady Grove Flowers — 65 N Lexington Ave, Asheville, NC 28801
  • Ditsy Flowers — 65 Merrimon Ave #1232, Asheville, NC 28801

Frequently Asked Questions

What type of property is this?
Storefront property - An open-plan commercial property with CBD zoning and an existing lease.
Where is this storefront property located?
The property is located at 167 Patton Avenue Asheville, NC.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Freestanding building with an open floor plan; CBD zoning; Built in 1961
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