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Grocery and Convenience Store
For Sale
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581 Old Newfound Rd, Leicester, NC 28748

The property includes a commercial building under OU zoning in Buncombe County.

Property SizeContact for details
Days on Market143

Property Features for 581 Old Newfound Rd

General Information

Standard status Active
Property subtype Retail
Listing Agency: Century 21 Allstars
Listed By: Silvestre Madrigal Jr. · License #01363650
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 5:53PM

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 Century 21 Allstars

Investment Insights

Based on property information with market context.

This grocery and convenience store property includes a 4,875 SF building situated on 0.44 acres. Constructed in 1964, the building is designated Class C and carries OU zoning.

The property is located at 581 Old Newfound Rd in Leicester, North Carolina, within Buncombe County. The offering combines an established grocery-oriented asset with a defined building footprint and land component.

Key Highlights

  • 4,875 SF building
  • 0.44 acres of land
  • Built in 1964

Property Analytics

Current Use

COUNTRY FOOD STORE ... Gas Station ATM Atm Old Newfound Grocery ... Gas Station Bitcoin Depot | Bitcoin ... Crypto Atm

Suggested Use

Top Pick Building Supply Plumbing Service Auto Repair Shop Furniture & Home Goods (Bike/Boat/Book/etc) Store Computer & Electronic Repair

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

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby
Well-served
Demand for This Use

Demographics for 28748, NC

13,030
Population
4,908
Households
2.7
Avg Household Size
44
Median Age
23%
College-Educated
86%
High-School Grad
92.1 sq mi
ZIP Area
141
Density / Sq Mi
$65,269
Median Household Income
$35,919
Median Earnings
$1,078
Median Rent
$298,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - The property includes a commercial building under OU zoning in Buncombe County.
Where is this grocery and convenience store located?
The property is located at 581 Old Newfound Rd Leicester, NC.
What are key features of this property?
This property features: 4,875 SF building; 0.44 acres of land; Built in 1964
More about this property
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