Mixed-Use Retail and
For Sale
$750,000
330 Sweeten Creek Road, Asheville, NC 28803
Ground-level coffee shop retail with a separately accessed upstairs short-term rental unit, plus dedicated parking and billboard income.
Property Size1,959 SF
Price / SF$382.85
Days on Market191
Property Features for 330 Sweeten Creek Road
General Information
Standard status
Active
Size
1,959 SF
Total Parking Spaces
25
Property subtype
Commercial
Amenities
Vinyl
3
No
Building,Fixtures,Land
Corner Lot,Flood Plain/Bottom Land,Level
City
0.33
Parking lot located on both sides of building
700
25
Parking Lot
Paved
Interstate 1 mile or Less,State Road
1959
1
Publicly Maintained Road
Building Details
Year Built
1983
Buildings
1
Stories
2
Listing Agency:
National Land Realty Central NC MLS LLC
(864) 241-2880
Listed By:
Richard Cox III
(843) 602-5180
Source:
Cdanjoyner
Added: Mar 31
Changed: Oct 7
Last Checked: Oct 7 at 9:21AM
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 National Land Realty Central NC MLS LLC
Investment Insights
Based on property information with market context.
This mixed-use commercial property includes fully built-out ground-level retail space currently operating as a coffee shop, along with an upstairs two-bedroom, one-bath residential unit that is separately accessed. The existing improvements, equipment, furnishings, and fixtures are in place and can be leveraged or repositioned depending on an investor’s plans.
The property is located just off Interstate 40 at Exit 51 along highly traveled Sweeten Creek Road, with exposure to approximately 30,000 vehicles per day. On-site features include approximately 25 dedicated parking spaces and a billboard generating supplemental revenue.
As a combined retail and residential asset, the property offers multiple income streams through the existing coffee shop operation and the upstairs unit currently used as a short-term rental.
The property is located just off Interstate 40 at Exit 51 along highly traveled Sweeten Creek Road, with exposure to approximately 30,000 vehicles per day. On-site features include approximately 25 dedicated parking spaces and a billboard generating supplemental revenue.
As a combined retail and residential asset, the property offers multiple income streams through the existing coffee shop operation and the upstairs unit currently used as a short-term rental.
Key Highlights
- Mixed‑use commercial property just off I‑40 at Exit 51 on Sweeten Creek Road
- Ground‑level retail is currently operating as a coffee shop
- Separately accessed upstairs unit: 2‑bedroom, 1‑bath short‑term rental
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,383
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$547,660
$547.7K
Cap Rate 7%
$391,186
$391.2K
Cap Rate 9%
$304,256
$304.3K
Market Conditions
NOI Build-Up for 1,959 SF
Gross rent
$37.1K $18.96/SF
− Vacancy
−$631 −$0.32/SF
EGI
$36.5K $18.64/SF
− OpEx
−$9.1K −$4.66/SF
NOI
$27.4K $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%
$547,660
Cap Rate 7%
$391,186
Cap Rate 9%
$304,256
Alternative Uses
Best Use
Specialty Retail
$391.2K
$342.3K – $456.4K
NOI $27,383 @ 7.0% cap · market cap 3.65%
Second Best
Mixed Use
$299.1K
$261.7K – $349.0K
NOI $20,937 @ 7.0% cap · market cap 2.79%
Theoretical Best
Office A
$619.5K
$542.0K – $722.7K
NOI $43,362 @ 7.0% cap · market cap 5.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
657
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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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Market
Vacancy Rate% for Multifamily in South region
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Similar Off Market Nearby
- SWEETEN CREEK COFFEE — 330 Sweeten Creek Rd, Asheville, NC 28803
Frequently Asked Questions
What type of property is this?
Coffee shop - Ground-level coffee shop retail with a separately accessed upstairs short-term rental unit, plus dedicated parking and billboard income.
Where is this coffee shop located?
The property is located at 330 Sweeten Creek Road Asheville, NC.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Mixed‑use commercial property just off I‑40 at Exit 51 on Sweeten Creek Road; Ground‑level retail is currently operating as a coffee shop; Separately accessed upstairs unit: 2‑bedroom, 1‑bath short‑term rental
