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Remodeled Commercial Building on Asheville Highway
For Sale
$1,400,000

2020 Asheville Highway, Hendersonville, NC 28791

Turn-key investment opportunity with income and redevelopment potential.

Days on Market182

Property Features for 2020 Asheville Highway

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1982
Listing Agency: BLUAXIS REALTY
Listed By: JOHNNY DUNCAN
Source: Corcoran
Added: Feb 1 Changed: Jul 10 Last Checked: Aug 2 at 6:32AM

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 BLUAXIS REALTY

Investment Insights

Based on property information with market context.

This commercial property, located on Asheville Highway, presents a turn-key investment opportunity. The primary building, a fully remodeled convenience store, was upgraded in 2021 with new three-phase electrical, HVAC systems, roof, windows, and flooring. It is currently leased under a triple-net (NNN) lease, providing immediate income. The sale includes an adjoining parcel equipped with a 200-amp electrical service with 110V, 30A, and 50A receptacles, and a city water connection, designed for food truck operations. This lot is currently leased on a month-to-month basis to a food truck, offering current income and future redevelopment or expansion potential. The property benefits from high visibility, strong traffic counts, and consistent consumer demand, surrounded by established businesses including Ingles Markets, Pelican’s SnoBalls, Monte’s Subs, Bay Breeze Seafood, and Moe’s Original BBQ. This property is located along one of Hendersonville’s busiest commercial corridors.

Key Highlights

  • Fully remodeled building with new electrical, HVAC, roof, windows, and flooring.
  • Triple‑net (NNN) lease in place, providing immediate income.
  • Adjoining parcel includes electrical service and water connection, ideal for food truck operations or future development.

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Law Firm Real Estate Agency Electrical Service Building Supply (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

1,924
Businesses Nearby
43k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 62% Dining 38%
State Employees Credit Union Shops & Services
12,492 visits/mo 0.4 miles
Burger King Dining
11,177 visits/mo 0.2 miles
First Citizens Bank Shops & Services
9,690 visits/mo 0.4 miles
Marco's Pizza Dining
5,187 visits/mo 0.5 miles
Citgo Shops & Services
2,504 visits/mo 0.5 miles

Demographics for 28791, NC

14,899
Population
7,268
Households
2
Avg Household Size
52
Median Age
45%
College-Educated
94%
High-School Grad
16.7 sq mi
ZIP Area
892
Density / Sq Mi
$78,179
Median Household Income
$40,049
Median Earnings
$1,182
Median Rent
$352,400
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

  • Ingles Markets — 1980 Asheville Hwy, Hendersonville, NC 28791

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Turn-key investment opportunity with income and redevelopment potential.
Where is this grocery and convenience store located?
The property is located at 2020 Asheville Highway Hendersonville, 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: Fully remodeled building with new electrical, HVAC, roof, windows, and flooring.; Triple‑net (NNN) lease in place, providing immediate income.; Adjoining parcel includes electrical service and water connection, ideal for food truck operations or future development.
More about this property
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