Restaurant Space with Courtyard
New
For Sale
Contact for pricing
18 Brook Street #101, Asheville, NC 28803
A dedicated kitchen, indoor dining area, and two ADA-compliant restrooms support food-and-beverage operations.
Property Size2,004 SF
Price / SF$0.04
Days on Market6
Property Features for 18 Brook Street #101
General Information
Standard status
Active
Size
2,004 SF
Property subtype
Food/Beverage
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Restaurant
Commercial Hood
Yes
Patio
Yes
Amenities
Flood Plain/Bottom Land, Level, Paved
Public Sewer
Additional parcels description:, Parcel Number: 9647-79-5873-C0101, Assessed Value: $79,200
Tile
Heat Pump
Listing ID: CAR4436804, Standard Status: Active, MLS Status: Active, Property Subtype: Food/Beverage, 3 days on market
Parking Lot
Display Window(s)
Built in 2004, Living area: 1082, 1 building, Construction Materials: Brick Partial, Hard Stucco
County/Parish: Buncombe
2 total bathrooms
Electricity Connected, Water Source: City
All Utilities
Frontage Type: City Street, Interstate 1 mile or Less, Road Responsibility: Publicly Maintained Road, Road Surface: Paved
Patio/Porch Features: Patio
Mobility Friendly Flooring
Building Details
Building Size
2,004 SF
Year Built
2004
Listing Agency:
Likewise Commercial Real Estate
(828) 222-3685
Listed By:
Carla Barnard · License #286709
(828) 575-0272
Source:
Blackstreaminternational
Added: Oct 23
Changed: Oct 26
Last Checked: Oct 26 at 2:36PM
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 Likewise Commercial Real Estate
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Investment Insights
Based on property information with market context.
This restaurant space at Biltmore Courtyard contains 1,082 square feet, with a dedicated kitchen, indoor dining area, and courtyard patio seating. Two ADA-compliant restrooms are included. Existing restaurant infrastructure includes a hood and utility connections; condition, capacity, and suitability for a proposed use require verification.
The property is at 18 Brook Street #101 in Asheville, with on-site and street parking. Hendersonville Road (US-25), Biltmore Avenue, Interstate 40, and Interstate 26 connect the location to major Asheville corridors; I-40 and I-26 are approximately one mile away. The tenant mix includes a hair salon and spa.
The property is at 18 Brook Street #101 in Asheville, with on-site and street parking. Hendersonville Road (US-25), Biltmore Avenue, Interstate 40, and Interstate 26 connect the location to major Asheville corridors; I-40 and I-26 are approximately one mile away. The tenant mix includes a hair salon and spa.
Key Highlights
- 1,082 square feet of restaurant space
- Courtyard patio seating and indoor dining area
- Dedicated kitchen with hood and utility connections
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,124
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,480
$302.5K
Cap Rate 7%
$216,057
$216.1K
Cap Rate 9%
$168,044
$168.0K
Market Conditions
NOI Build-Up for 1,082 SF
Gross rent
$20.5K $18.96/SF
− Vacancy
−$349 −$0.32/SF
EGI
$20.2K $18.64/SF
− OpEx
−$5.0K −$4.66/SF
NOI
$15.1K $13.98/SF
Area
Buncombe County, NC
Vacancy
1.70%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,480
Cap Rate 7%
$216,057
Cap Rate 9%
$168,044
Alternative Uses
Best Use
Specialty Retail
$216.1K
$189.1K – $252.1K
NOI $15,124 @ 7.0% cap · market cap 37,810.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$342.1K
$299.4K – $399.2K
NOI $23,950 @ 7.0% cap · market cap 59,875.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
1,121
Businesses Nearby
131k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 66%
Shops & Services 19%
Hotels & Casinos 12%
Home Improvements & Furnishings 3%
Texas Roadhouse
Dining
40,179 visits/mo
0.4 miles
Starbucks
Dining
19,253 visits/mo
0.3 miles
Shell
Shops & Services
19,241 visits/mo
0.3 miles
Arby's
Dining
10,490 visits/mo
0.2 miles
Bruegger's
Dining
7,184 visits/mo
0.2 miles
Demographics for 28803, NC
34,108
Population
18,322
Households
1.9
Avg Household Size
43
Median Age
50%
College-Educated
93%
High-School Grad
38.4 sq mi
ZIP Area
888
Density / Sq Mi
$70,638
Median Household Income
$41,057
Median Earnings
$1,455
Median Rent
$408,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Verbena Events — MAHEC Campus, UNC Health Sciences Building, 121 Hendersonville Rd, Asheville, NC 28803
- Chaunie’s Coffee — 22 Stoner Rd, Asheville, NC 28803
Frequently Asked Questions
What type of property is this?
Restaurant - A dedicated kitchen, indoor dining area, and two ADA-compliant restrooms support food-and-beverage operations.
Where is this restaurant located?
The property is located at 18 Brook Street #101 Asheville, NC.
What are key features of this property?
This property features: 1,082 square feet of restaurant space; Courtyard patio seating and indoor dining area; Dedicated kitchen with hood and utility connections
