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Medical Office Space, Build-Out Ready
New
For Lease
$12,773/Mo NNN

639 Biltmore Ave, Asheville, NC 28803

Institutional zoning, a refreshed exterior, and NNN lease structure support medical or office occupancy.

Space SizeContact for details
Days on Market3

Property Features for 639 Biltmore Ave

General Information

Standard status Active
Elevators Yes
Zoning Institutional
Lease Type NNN

Space & Availability

Space Use Medical Office
Condition Shell

Building Details

Year Built 1969
Listing Agency: Cornerstone Real Estate Cons.
Listed By: Denise Girouard · License #206079
Source: Highperformancerea
Added: Sep 20 Changed: Sep 21 Last Checked: Sep 22 at 6:18PM

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 Cornerstone Real Estate Cons.

Investment Insights

Based on property information with market context.

This 7,664-square-foot medical office property offers a blank interior prepared for tenant build-out. The building was constructed in 1969, and the exterior has recently been redone while sitework remains in progress. Institutional zoning and an NNN lease structure are in place for the next occupant.

Located at 639 Biltmore Ave in Asheville, the property is approximately 0.5 mile from Mission Hospital and 1.5 miles from downtown. Its existing configuration provides a foundation for a customized medical or office environment, subject to tenant improvements and applicable approvals.

Key Highlights

  • 7,664 SF medical office property
  • Interior has been gutted for tenant build‑out
  • Exterior recently redone; sitework is in progress

Property Analytics

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Current Use

Thaddeus Wolfe Orthotics & Prosthetics Service Jennifer Behrend Orthotics & Prosthetics Service

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Storage Facility Bakery Home Appliance Store Butcher

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,962
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Asheville, NC

$22.63 /SF/Yr
Avg Asking Price
$17–$35 /SF/Yr
Price Range
4,467 SF
Avg Space Size

This space is priced 12% below the average of $22.63 /SF/Yr.

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?
Medical Office Space - Institutional zoning, a refreshed exterior, and NNN lease structure support medical or office occupancy.
Where is this medical office space located?
The property is located at 639 Biltmore Ave Asheville, NC.
What is the lease rate?
The lease rate is $12,773/Mo.
What are key features of this property?
This property features: 7,664 SF medical office property; Interior has been gutted for tenant build‑out; Exterior recently redone; sitework is in progress
More about this property
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