251 Biltmore Ave, Asheville, NC 28801-4158
This exceptional 4,717 sq ft freestanding commercial building is ideally situated on a high-visibility corner lot in Asheville's vibrant South Slope District. Boasting 174 feet of frontage on a four-lane road with 15,500 vehicles per day, this property offers unparalleled exposure. Located near McCormick Field, Mission Hospital, and numerous breweries, its prime location ensures high traffic and visibility. The single-story building, constructed in 1949, sits on a 0.18-acre lot and features a loading dock, two roll-up doors, and impressive ceilings ranging from 11 to 14.5 feet. Inside, you'll find concrete flooring, a brewing room, two bars, ample storage, and office space. Currently zoned CBD, this property presents a unique owner-user opportunity in a thriving market. The building's layout is well-suited for a variety of uses, including a bar, restaurant, or storefront. Asheville's bustling economy and designation as a top city for starting businesses make this a compelling investment. The asking price is $1,290,000. The property's APN is 964847124000000.
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Fuel Cafe Bar & Pub
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Dalton Distillery Brewery & Distillery Bar & Pub
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
DEED DATE: 09/29/2000 DEE · Asheville, NCAsheville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.