278 Haywood Rd Asheville, NC 28806-4463
- Retail space
- 16,662 SF
- 0.55 lot acres
Current Use by Public Records
- Get banged salon & boutique / Hair Salon
- East West Vintage Rentals and Venue / Event Venue / Furniture Rental Service
- Absolute Auto Performance / Auto Repair Shop
- CorieDoesMyHair / Beauty Salon
- Candler's Alignment & Auto Services / Auto Repair Shop
Property Details for 278 Haywood Rd
- Year built
- 1965
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.55 lot acres
- Property size
- 16,662 SF
- Zone code
- DEED DATE: 05/19/1994 DEE
- Property type
- Retail space
- APN
- 9638-74-1157-00000
- APU
- 963874115700000
Description
This exceptional commercial property, located at 278 Haywood Road in Asheville, NC, presents a unique investment opportunity. The substantial building boasts a total of 17,500 square feet, situated on a prominent 0.55-acre corner lot. The main level, encompassing 8,755 square feet, enjoys excellent visibility directly on Haywood Road, offering convenient access to the vibrant River Arts District and New Belgium Brewing, with downtown Asheville just minutes away. A full basement, mirroring the upper level's square footage at 8,755 square feet, provides ample space, featuring two garage doors and three restrooms. This lower level has housed successful automotive and lawnmower businesses for over three decades. Currently, the upper level is partially occupied by month-to-month tenants—a venue and a salon—generating a combined monthly rental income of $4,200. The upper level features hardwood floors, while the lower level showcases stained concrete. A fenced rear parking lot offers convenient parking for tenants and customers. The roof was recently replaced in May 2021. A portion of the upper level may be available for lease on a month-to-month basis while the building is on the market. The asking price is firm at $3,200,000. Showings are best conducted during business hours.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Asheville
- County
- Buncombe
- State
- North Carolina
- Longitude
- -82.5752
- Latitude
- 35.5773
- CBSA code
- 11700
- CBSA name
- ASHEVILLE, NC METROPOLITAN STATISTICAL AREA