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Retail Suite with Storefront Visibility
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168 Tunnel Road Unit 20, Asheville, NC 28805

Occupied retail suite in a strip center with shared parking and signage opportunities.

Property Size2,016 SF
Price / SF$2.08
Days on Market14

Property Features for 168 Tunnel Road Unit 20

General Information

Standard status Active
Size 2,016 SF
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Amenities

Size: 0.64, Size Units: Acres
Days on Market: 1, Listing Price: 3042, Status: Active
Description: Other
Year Built: 2016, Construction Type: Site Built
Unit: 20, City: Asheville, State: NC, Zip: 28805, County: Buncombe, Directions: Follow GPS to 168 Tunnel Road, Asheville NC 28805.
Zoning: HB
Auction Y/N: 0

Building Details

Building Size 2,016 SF
Year Built 2016
Tenancy Multi
Listing Agency: Dewey Property Advisors
Listed By: Jay Lurie
Source: Blackstreaminternational
Added: Aug 17 Changed: Aug 28 Last Checked: Aug 29 at 9:35AM

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.

Unit 20 is an approximately 1,460-square-foot retail suite within a strip center built in 2016. The space is currently occupied and has a storefront-oriented configuration with shared parking and available signage opportunities. Its layout is identified as suitable for retail, office, medical, salon, wellness, and specialty service uses.

The property is positioned on Tunnel Road in Asheville’s commercial corridor, with access to downtown Asheville, I-240, and nearby residential communities. Surrounding activity includes retailers, restaurants, hotels, and service providers, with Wingstop and Firehouse Subs identified among nearby businesses.

Key Highlights

  • Approximately 1,460 square feet in Unit 20
  • Strip center construction completed in 2016
  • Shared parking and storefront signage opportunities

Property Analytics

Current Use

Firehouse Subs Tunnel ... Take-out & Catering Octopus Garden Smoke ... (Bike/Boat/Book/etc) Store Kltr Kickz Clothing & Fashion Store OG Vapors (Bike/Boat/Book/etc) Store Wingstop Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Big Box & Wholesale Store Auto Parts Store

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

743
Businesses Nearby
483k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 34% Dining 27% Shops & Services 23% Electronics 7%
Five Below Shops & Services
46,252 visits/mo 0.1 miles
Chick-fil-A Dining
41,655 visits/mo 0.3 miles
Belk Apparel
38,941 visits/mo 0.3 miles
Ross Dress for Less Apparel
38,095 visits/mo 0.1 miles
Best Buy Electronics
31,798 visits/mo 0.2 miles

Demographics for 28805, NC

18,554
Population
10,737
Households
1.7
Avg Household Size
48
Median Age
49%
College-Educated
96%
High-School Grad
26.5 sq mi
ZIP Area
700
Density / Sq Mi
$67,104
Median Household Income
$35,897
Median Earnings
$1,198
Median Rent
$360,600
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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Frequently Asked Questions

What type of property is this?
Retail space - Occupied retail suite in a strip center with shared parking and signage opportunities.
Where is this retail space located?
The property is located at 168 Tunnel Road Unit 20 Asheville, NC.
What are key features of this property?
This property features: Approximately 1,460 square feet in Unit 20; Strip center construction completed in 2016; Shared parking and storefront signage opportunities
More about this property
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