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Mixed-Use Restaurant and Office
For Sale
$1,200,000

575 Haywood Road, Asheville, NC 28806

Corner lot with a converted 1912 office home and a fully leased former diner restaurant building on one parcel.

Property SizeContact for details
Days on Market39

Property Features for 575 Haywood Road

General Information

Standard status Active
Lease Type NNN

Additional Details

Office Units 6

Building Details

Year Built 1912
Stories 2
Listing Agency: Ellington Realty Group
Listed By: Ryan Israel · License #268452
Source: Exprealty
Added: Jul 15 Changed: Aug 20 Last Checked: Aug 21 at 11:04AM

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 Ellington Realty Group

Investment Insights

Based on property information with market context.

This mixed-use asset is offered for sale as an income-producing and/or owner-occupant property on a corner lot with two structures on one parcel. The first building is a charming 1912 home converted to professional office space, featuring six office spaces across two floors and available for immediate occupancy or lease-up for investment income.

The second building is the former Tastee Diner, currently fully leased as an established restaurant with a long-term lease in place. Office space is also referenced as available for lease on a NNN basis.

The property is located on Haywood Road in Asheville’s West Asheville area. The offering is identified as MLS #4404800.

Key Highlights

  • Corner lot with two structures on one parcel in the heart of West Asheville
  • 1912 home converted to professional office space with six office spaces on two floors
  • Former Tastee Diner restaurant building is fully leased with a long‑term lease in place

Property Analytics

Current Use

Tastee Diner Restaurant LibertyX Bitcoin ATM Atm

Suggested Use

Top Pick Law Firm Dental Office HVAC Service Electrical Service Home Appliance Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Office units

Location Intelligence

Trade Area within ½ mile

797
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Corner lot with a converted 1912 office home and a fully leased former diner restaurant building on one parcel.
Where is this conventional restaurant located?
The property is located at 575 Haywood Road Asheville, NC.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Corner lot with two structures on one parcel in the heart of West Asheville; 1912 home converted to professional office space with six office spaces on two floors; Former Tastee Diner restaurant building is fully leased with a long‑term lease in place
More about this property
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