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Retail Suite with Office Layout
For Sale
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9 Fallen Spruce Drive #E, Asheville, NC 28806

Partitioned rooms and shared parking support a range of potential business configurations.

Property Size20,041 SF
Price / SF$1.31
Days on Market10

Property Features for 9 Fallen Spruce Drive #E

General Information

Standard status Active
Size 20,041 SF
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Amenities

Open Lot, Paved
Public Sewer
Additional parcels description:, Parcel Number: 9629-07-1748-00000, Assessed Value: $755,300, Zoning: CS
Electric
Central, Electric
Listing ID: CAR4427442, Standard Status: Active, MLS Status: Active, Property Subtype: Retail, 2 days on market
Other Parking: Ample parking in shared lot., Parking Lot
Display Window(s)
Built in 2004, 1 building
County/Parish: Buncombe
Elevation: 2000
1 total bathroom
Electricity Connected, Water Source: City
All Utilities
Road Responsibility: Private Maintained Road, Road Surface: Paved

Building Details

Building Size 20,041 SF
Year Built 2004
Listing Agency: Likewise Commercial Real Estate
Listed By: Carla Barnard · License #286709
Source: Blackstreaminternational
Added: Oct 5 Changed: Oct 13 Last Checked: Oct 12 at 7:12PM

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 Likewise Commercial Real Estate

Investment Insights

Based on property information with market context.

This retail suite offers approximately 1,295 SF in a neighborhood center. Its layout includes a bathroom, a private office, and additional partitioned office areas that may be reconfigured or demised. Shared-lot parking serves the center’s occupants and visitors.

The property is just off New Leicester Highway, with Patton Avenue accessible nearby. I-240 is approximately 1.5 miles away, and I-26 is approximately 2 miles away. The building dates to 2004.

Key Highlights

  • Approximately ±1,295 SF in a neighborhood retail center
  • One bathroom, one private office, and multiple partitioned offices
  • Office partitions may be changed or removed to form a more open area

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Dental Office HVAC Service Electrical Service

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

206
Businesses Nearby
63k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 72% Dining 16% Shops & Services 12%
Ingles Groceries
45,609 visits/mo 0.2 miles
SONIC Drive In Dining
9,919 visits/mo 0.1 miles
O'Reilly Auto Parts Shops & Services
4,237 visits/mo 0.2 miles
Super Lube Shops & Services
3,395 visits/mo 0.4 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Retail space - Partitioned rooms and shared parking support a range of potential business configurations.
Where is this retail space located?
The property is located at 9 Fallen Spruce Drive #E Asheville, NC.
What are key features of this property?
This property features: Approximately ±1,295 SF in a neighborhood retail center; One bathroom, one private office, and multiple partitioned offices; Office partitions may be changed or removed to form a more open area
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