Retail Space with Monument
For Lease
$26 SF/Yr
640 Merrimon Avenue S, Asheville, NC 28804
Commercial Lease, Asheville, NC
Space SizeContact for details
Lot Size1.30 Acres
Days on Market839
Property Features for 640 Merrimon Avenue S
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning
CBI
Zoning description
Commerci
Accessibility
Accessible Approach with Ramp, Accessible Elevator Installed
Standard status
Active
APN
964939773600000
Lot size
1.30 Acres
Taxes and HOA fees
Tax Description
24,720 sf building, two-story, on 1.3 acres at corner of Edgewood Rd.
Legal Description
24,720 sf building, two-story, on 1.3 acres at corner of Edgewood Rd.
Utilities
Heating system
Central, Natural Gas
Cooling system
Central Air
Amenities
floor drains
monument sign
good parking availability
Building Details
Year built
1989
Listing Agency:
Tessier Associates
(828) 254-9842
Listed By:
Bill Steigerwald · License #290959
(828) 460-9529
Added: May 16, 2024
Changed: Aug 31
Last Checked: Sep 1 at 5:06PM
MLS# 4141549
Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This retail space sits on a 1.3-acre parcel and was built in 1989. The property includes central heating, natural gas, and central air conditioning, along with an accessible approach with ramp and an installed accessible elevator. Floor drains support food-service use, although the space does not include a hood.
The property provides good parking availability and a monument sign for on-site business identification. There is no loading dock or rear entrance. Located at 640 Merrimon Avenue S in Asheville, the property is zoned CBI and available for lease.
The property provides good parking availability and a monument sign for on-site business identification. There is no loading dock or rear entrance. Located at 640 Merrimon Avenue S in Asheville, the property is zoned CBI and available for lease.
Key Highlights
- 1.3‑acre retail property at 640 Merrimon Avenue S, Asheville, NC 28804
- CBI zoning
- Floor drains available for food service; no hood installed
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
770
Businesses Nearby
92k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Shops & Services 28%
Home Improvements & Furnishings 17%
McDonald's
Dining
16,533 visits/mo
0.3 miles
Shell
Shops & Services
11,915 visits/mo
0.5 miles
Wendy's
Dining
10,700 visits/mo
0.1 miles
Young Ace Hardware Of North Asheville
Home Improvements & Furnishings
9,989 visits/mo
0.5 miles
Bruegger's
Dining
8,137 visits/mo
0.2 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
$25.74 /SF/Yr
Avg Asking Price
$15.98–$40 /SF/Yr
Price Range
6,111 SF
Avg Space Size
This space is priced 1% above the average of $25.74 /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 - Retail space offers floor drains, parking, and accessible entry features for prospective occupants.
Where is this retail space located?
The property is located at 640 Merrimon Avenue S Asheville, NC.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: 1.3‑acre retail property at 640 Merrimon Avenue S, Asheville, NC 28804; CBI zoning; Floor drains available for food service; no hood installed
