Open-Concept Retail
For Lease
$2,870/Mo
51 N Merrimon Avenue #111, Asheville, NC 28804
Bright, customizable space with high ceilings, exposed finishes, and parking directly in front of the shops.
Space Size1,640 SF
Days on Market183
Property Features for 51 N Merrimon Avenue #111
General Information
Standard status
Active
Size
1,640 SF
Net Rentable
1,640 SF
Space & Availability
Available Space
1,640 SF
Contiguous Space
1,640 SF
Space Use
Retail
Additional Details
Highway Access
Yes
Amenities
high ceilings
exposed ceiling
recreational and fitness facility
free parking
walkable village
Building Details
Building Size
1,640 SF
Year Built
2010
Stories
3
Tenancy
Multi
Listing Agency:
Whitney Commercial Real Estate
(828) 665-9085
Listed By:
Jason Burk
Source:
Techrealtyllc
Added: Feb 20
Changed: Aug 22
Last Checked: Aug 22 at 7:11AM
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 Whitney Commercial Real Estate
Investment Insights
Based on property information with market context.
This 1,640-square-foot retail suite, built in 2010, offers an open interior with high ceilings, exposed ceiling treatment, and warm lighting fixtures. The flexible layout is suited to customization and is one of multiple suites available within the project.
The space is part of a mixed-use village that includes 200 apartment units above the commercial units. Residential occupancy is 98.5%, and the complex also includes a recreational and fitness facility. Existing businesses operate throughout the project, with free parking positioned directly in front of the retail shops. Access to I-26 and Weaverville Road is nearby.
The space is part of a mixed-use village that includes 200 apartment units above the commercial units. Residential occupancy is 98.5%, and the complex also includes a recreational and fitness facility. Existing businesses operate throughout the project, with free parking positioned directly in front of the retail shops. Access to I-26 and Weaverville Road is nearby.
Key Highlights
- 1,640 SF retail suite with an open‑concept layout
- High ceilings, exposed ceiling treatment, and warm lighting fixtures
- Part of a mixed‑use project with 200 apartment units
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,706
Businesses Nearby
288k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 39%
Dining 21%
Hotels & Casinos 17%
Shops & Services 16%
Trader Joe's
Groceries
46,740 visits/mo
0.2 miles
Harris Teeter
Groceries
45,099 visits/mo
0.2 miles
Chick-fil-A
Dining
41,844 visits/mo
0.3 miles
Whole Foods Market
Groceries
20,347 visits/mo
0.1 miles
Shell
Shops & Services
20,324 visits/mo
0.0 miles
Demographics for 28804, NC
23,964
Population
11,716
Households
2
Avg Household Size
44
Median Age
60%
College-Educated
93%
High-School Grad
28.7 sq mi
ZIP Area
835
Density / Sq Mi
$79,709
Median Household Income
$37,169
Median Earnings
$1,399
Median Rent
$528,500
Median Home Value
Market
Lease Benchmarks for Asheville, NC
$26.25 /SF/Yr
Avg Asking Price
$14.58–$40 /SF/Yr
Price Range
6,647 SF
Avg Space Size
This space is priced 20% below the average of $26.25 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Bright, customizable space with high ceilings, exposed finishes, and parking directly in front of the shops.
Where is this retail space located?
The property is located at 51 N Merrimon Avenue #111 Asheville, NC.
What is the lease rate?
The lease rate is $2,870/Mo.
What are key features of this property?
This property features: 1,640 SF retail suite with an open‑concept layout; High ceilings, exposed ceiling treatment, and warm lighting fixtures; Part of a mixed‑use project with 200 apartment units
