Medical Office Property with Multiple
New
For Sale
$1,250,000
5 & 10 Gaines Avenue, Asheville, NC 28803
HB-zoned land on both sides of Gaines Avenue includes a vacant building and additional lots that can provide parking.
Property Size17,049 SF
Lot Size1.78 Acres
Price / SF$73.32
Days on Market2
Property Features for 5 & 10 Gaines Avenue
General Information
Standard status
Active
Size
17,049 SF
Lot size
1.78 Acres
Property subtype
Commercial
Zoning
HB
Property Condition
Severity
Major Repairs Needed
Evidence
major updating
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Condition
Needs Renovation
Property Use
Office
Building Details
Building Size
17,049 SF
Year Built
1968
Buildings
2
Listing Agency:
Asheville Realty Group
Listed By:
Paula Cooper
(828) 775-1485
Source:
Geoffcampbell
Added: Oct 23
Changed: Oct 24
Last Checked: Oct 23 at 5:09PM
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 Asheville Realty Group
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Investment Insights
Based on property information with market context.
The property combines four parcels totaling 1.78 acres, including a 17,049-square-foot building at 10 Gaines Avenue and a home at 5 Gaines Avenue. Built in 1968, the larger structure contains numerous rooms, bathrooms, kitchens, and shared areas. It has been out of use for years and requires substantial work, including HVAC, electrical, plumbing, and flooring updates. The former nursing home and museum is identified as suitable for medical office, recovery or rehabilitation, or general office use.
The parcels are on both sides of Gaines Avenue in South Asheville, just off Hendersonville Road. Two additional lots across the street can provide parking. All four parcels are being offered together, with the seller not dividing them.
The parcels are on both sides of Gaines Avenue in South Asheville, just off Hendersonville Road. Two additional lots across the street can provide parking. All four parcels are being offered together, with the seller not dividing them.
Key Highlights
- Four parcels combine for 1.78 acres
- 17,049‑square‑foot building at 10 Gaines Avenue
- Built in 1968; vacant for years and requires major updating
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
745
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 Office in South region
Similar Off Market Nearby
- Biltmore Veterinary Clinic: Martin William M DVM — 932 Hendersonville Rd STE 106, Asheville, NC 28803
- Biltmore Veterinary Clinic: Christoph John B DVM — 932 Hendersonville Rd STE 106, Asheville, NC 28803
Frequently Asked Questions
What type of property is this?
Medical Office Space - HB-zoned land on both sides of Gaines Avenue includes a vacant building and additional lots that can provide parking.
Where is this medical office space located?
The property is located at 5 & 10 Gaines Avenue Asheville, NC.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Four parcels combine for 1.78 acres; 17,049‑square‑foot building at 10 Gaines Avenue; Built in 1968; vacant for years and requires major updating
