Operating Restaurant
429 New Leicester Hwy, Asheville, NC 28806
For Sale
New
Contact for pricing
The site includes a customer parking area and a building currently occupied by an operating restaurant.
Property Size2,230 SF
Lot Size0.85 Acres
Days on Market5
Property Features for 429 New Leicester Hwy
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Additional Details
Road Access
Land Use
Currently Operating
Building Details
Buildings
Listing Agency:
Collett
Listed By:
Stanford Garnett · License NC #193303
(704) 206-8300
Source:
Crexi
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 3:28PM
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 Collett
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Investment Insights
Based on property information with market context.
This restaurant property includes a 2,230-square-foot building on approximately 0.85 acres. The restaurant remains open and in operation, and the site is zoned CS (Commercial Services). On-site parking accommodates 74 vehicles.
The property is positioned at a signalized intersection on New Leicester Highway in Asheville, with access from the intersection.
The property is positioned at a signalized intersection on New Leicester Highway in Asheville, with access from the intersection.
Key Highlights
- 2,230‑square‑foot restaurant building on approximately 0.85 acres
- Restaurant is currently operating
- 74 on‑site parking spaces
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
265
Businesses Nearby
67k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Dining 49%
McDonald's
Dining
23,792 visits/mo
0.5 miles
Dollar General
Shops & Services
8,589 visits/mo
0.4 miles
Exxon
Shops & Services
7,770 visits/mo
0.1 miles
Shell
Shops & Services
7,285 visits/mo
0.3 miles
Arby's
Dining
5,665 visits/mo
0.4 miles
Demographics for 28806, NC
44,621
Population
21,185
Households
2.1
Avg Household Size
37
Median Age
45%
College-Educated
91%
High-School Grad
38.1 sq mi
ZIP Area
1,171
Density / Sq Mi
$59,925
Median Household Income
$37,743
Median Earnings
$1,224
Median Rent
$335,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The site includes a customer parking area and a building currently occupied by an operating restaurant.
Where is this conventional restaurant located?
The property is located at 429 New Leicester Hwy Asheville, NC.
What are key features of this property?
This property features: 2,230‑square‑foot restaurant building on approximately 0.85 acres; Restaurant is currently operating; 74 on‑site parking spaces
