208 Charlotte Hwy, Asheville, NC 28803-8663
This exceptional mixed-use property at 208 Charlotte Hwy in Asheville, NC, presents a unique investment opportunity. The 1,394 square foot space, part of a larger 2,788 square foot building, is offered at $795,000 ($570.30/sq ft). Built in 2021, this single-story building boasts a desirable location with high visibility on Charlotte Highway, benefiting from a nearby daily traffic count of 26,399 vehicles. Its convenient proximity to I-40, I-240, and the Blue Ridge Parkway interchange ensures excellent accessibility. The space is currently a "warm shell," ready for a tenant's custom buildout, and features large windows for ample natural light. The building includes an elevator and a sprinkler system. The property is zoned NSD and is ideal for a restaurant, retail store, or traditional office. The owner, a general contractor, is willing to collaborate on interior improvements. This represents a highly competitive price point for a brand-new space so close to downtown Asheville. The property's APN is 9667-64-2244-00000 and is owned by Highland Crest, LLC.
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Goforth Builders Inc Construction Company General Contractor
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Reveal Aesthetic Surgery Physician Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.