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Open-Plan Retail Space
New
For Lease
$25 SF/Yr

793 Merrimon Ave, Asheville, NC 28804

Elevated ceilings and an adaptable interior support a range of retail layouts.

Space Size3,600 SF
Days on Market6

Property Features for 793 Merrimon Ave

General Information

Standard status Active
Size 3,600 SF
Net Rentable 3,600 SF
Total Parking Spaces 31

Space & Availability

Available Space 3,600 SF
Contiguous Space 3,600 SF
Space Use Retail

Additional Details

Traffic Count 21,000 vehicles/day

Amenities

high ceilings
sidewalk
Listing Agency: Whitney Commercial Real Estate
Listed By: Jason Burk
Source: Exprealty
Added: Sep 26 Changed: Sep 30 Last Checked: Sep 30 at 2:25PM

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 3,600-square-foot retail space features a largely unobstructed interior and high ceilings, giving the floor area flexibility for different layouts. The property includes 31 parking spaces.

The site is on Merrimon Ave in North Asheville, near a signalized intersection. Retailers, restaurants, and other businesses operate nearby, with apartments and a major university also in the area. Approximately 21,000 cars pass the site daily.

Key Highlights

  • 3,600 square feet of retail space
  • High ceilings and an open interior
  • 31 parking spaces

Property Analytics

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Open Analytics

Current Use

Gravelo Workshop - Bicycles ... (Bike/Boat/Book/etc) Store Gravelo Workshop (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply HVAC Service Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) Store Hair Salon

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

21,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

734
Businesses Nearby
139k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 39% Dining 28% Shops & Services 24% Home Improvements & Furnishings 9%
Ingles Groceries
34,854 visits/mo 0.3 miles
The Fresh Market Groceries
19,343 visits/mo 0.2 miles
McDonald's Dining
16,533 visits/mo 0.2 miles
Young Ace Hardware Of North Asheville Home Improvements & Furnishings
9,989 visits/mo 0.1 miles
Petco Shops & Services
8,340 visits/mo 0.3 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Asheville, NC

$26.21 /SF/Yr
Avg Asking Price
$15.98–$40 /SF/Yr
Price Range
4,028 SF
Avg Space Size

This space is priced 5% below the average of $26.21 /SF/Yr.

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?
Retail space - Elevated ceilings and an adaptable interior support a range of retail layouts.
Where is this retail space located?
The property is located at 793 Merrimon Ave Asheville, NC.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 3,600 square feet of retail space; High ceilings and an open interior; 31 parking spaces
More about this property
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