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    Asheville, NC Restaurants for Sale

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    Retail Building with Corridor Frontage
    Updated: Dec 16, 2025
    Retail Building with Corridor Frontage

    853 Merrimon Avenue, Asheville, NC 28804

    $2,350,000
    0.78 AC lot
    Prime location on Merrimon Avenue in the desirable Grace Neighborhood, one mile from downtown Asheville and 1/2 mile from UNC‑A.
    High traffic volume (17,500 cars/day) and 130' of frontage on Merrimon Avenue.
    Two parcels totaling .78 acres, including a 0.31‑acre lot providing ample surface parking.
    Zoned CBII and RM, enabling a multitude of uses including retail, office, and residential.
    Redevelopment or investment opportunity with potential for a 7.5% cap rate at market rates.
    View details
    Riverfront Redevelopment Land Parcel
    Updated: Jul 6
    Riverfront Redevelopment Land Parcel

    388 Riverside Drive, Asheville, NC 28801

    $2,200,000
    2.29 AC lot
    2.29‑acre riverfront site in Asheville’s River Arts District along Riverside Drive
    Direct French Broad River frontage with greenway adjacency
    Former White Duck Taco Shop River Arts location
    Includes an existing structure with a current permit in place for restaurant rebuild
    Commercial zoning supporting a wide range of redevelopment uses
    View details
    Turn-Key Brewery Restaurant Condo
    Turn-Key Brewery Restaurant Condo

    39 N Lexington Avenue, Asheville, NC 28801

    $5,675,000
    8,000 sqft

    Historic downtown brewery-restaurant with a 15-barrel brewhouse, fully equipped kitchen, and dedicated cold/dry storage.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Historic Mixed-Use Asset, Asheville, NC
    Historic Mixed-Use Asset, Asheville, NC

    9-13 Broadway Street, Asheville, NC 28801

    $3,500,000
    0.12 AC lot

    Fully leased, updated mixed-use property in downtown Asheville.

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    Patton Avenue Commercial Building
    Patton Avenue Commercial Building

    1473 Patton Avenue, Asheville, NC 28806

    $625,000
    0.49 AC lot

    Charming office building on Patton Avenue, Asheville, for sale.

    View details
    Ground-Level Flex Condo with Street Access
    Ground-Level Flex Condo with Street Access

    39 N Lexington Avenue #5, Asheville, NC 28801

    $432,400
    806 sqft

    Ground-level condo suite with direct street frontage, configured as garage/storage and suited for parking, storage, or adaptive use.

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    Haywood Road Corner Lot
    Haywood Road Corner Lot

    00 Haywood Road, Asheville, NC 28806

    $499,000

    Corner lot with parking, leased to auto and taco shops.

    View details
    Mixed-Use Asset on Pack Square
    Mixed-Use Asset on Pack Square

    122 College Street, Asheville, NC 28801

    $4,400,000
    11,886 sqft

    Turnkey mixed-use property with commercial income in place.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 8 Active listings in Asheville, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Black Mountain Investment Opportunity
    Black Mountain Investment Opportunity

    508 W State Street, Black Mountain, NC 28711

    $985,000
    4,700 sqft · 0.95 AC lot

    Highway business zoned property near downtown Black Mountain.

    View details
    Restaurant & Event Center For Sale
    Restaurant & Event Center For Sale

    470 Brickyard Rd, Etowah, NC 28729

    $2,350,000
    6,000 sqft · 4.00 AC lot

    Hospitality and event facility on 4 acres in Etowah, NC.

    View details
    Black Mountain Investment Opportunity
    Black Mountain Investment Opportunity

    508 W State Street, Black Mountain, NC 28711

    $985,000
    4,700 sqft · 0.95 AC lot

    Highway business zoned property near downtown Black Mountain.

    View details
    Etowah Valley Golf Club
    Etowah Valley Golf Club

    450 Brickyard Rd, Etowah, NC 28729

    $5,900,000

    Golf club with lodging, restaurants, tennis, and swimming pool.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Northridge Commons Outparcel Land For Sale
    Northridge Commons Outparcel Land For Sale

    99999 Northridge Commons Parkway Unit 1, Weaverville, NC 28787

    $1,500,000
    4.53 AC lot

    4.53 acre commercial land adjacent to national retailers.

    View details
    Arden Commercial Land for Sale
    Arden Commercial Land for Sale

    99999 Airport Road, Arden, NC 28704

    $2,400,000
    7.57 AC lot

    7.57 acre commercial land available near Airport Road.

    View details
    Prime Interstate Visible Commercial Land
    Prime Interstate Visible Commercial Land

    1672 Crossroads Parkway, Mars Hill, NC 28754

    $799,000
    2.25 AC lot

    2.25 acre commercial land with high interstate visibility.

    View details
    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    99999 US 23 Highway, Mars Hill, NC 28754

    $500,000
    18.41 AC lot

    18+ acres on US Hwy 23 near I-26.

    View details

    Off-Market Properties in Asheville, NC

    Consider similar Off-Market properties in Asheville, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1155 Tunl Rd
    RESTAURANT

    1155 Tunl Rd, Asheville, NC 28805-2019

    $740,000
    Estimated value
    4,638 sqft · 0.41 AC lot
    View details
    518 Hendersonville Rd
    RESTAURANT

    518 Hendersonville Rd, Asheville, NC 28803-2826

    Value Estimation by Request
    886 sqft · 0.44 AC lot
    View details
    818 Patton Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    818 Patton Ave, Asheville, NC 28806-3619

    $1,765,000
    Estimated value
    3,688 sqft · 0.78 AC lot
    View details
    30 Ldg St
    RESTAURANT

    30 Ldg St, Asheville, NC 28803-2605

    $745,000
    Estimated value
    3,786 sqft · 0.17 AC lot
    View details
    17 Lee S St
    RESTAURANT

    17 Lee S St, Asheville, NC 28803-2107

    Value Estimation by Request
    2,000 sqft · 0.30 AC lot
    View details
    5 Crowell Rd
    RESTAURANT

    5 Crowell Rd, Asheville, NC 28806-1104

    $2,300,000
    Estimated value
    11,800 sqft · 3.75 AC lot
    View details
    384 Mcdowell St
    RESTAURANT

    384 Mcdowell St, Asheville, NC 28803-2609

    $920,000
    Estimated value
    3,963 sqft · 0.69 AC lot
    View details
    1916 Hendersonville Rd
    RESTAURANT

    1916 Hendersonville Rd, Asheville, NC 28803-2105

    $1,780,000
    Estimated value
    4,961 sqft · 0.84 AC lot
    View details
    1435 Merrimon Ave
    RESTAURANT

    1435 Merrimon Ave, Asheville, NC 28804-1303

    $870,000
    Estimated value
    5,436 sqft · 0.56 AC lot
    View details
    1461 Merrimon Ave
    RESTAURANT

    1461 Merrimon Ave, Asheville, NC 28804-1340

    $570,000
    Estimated value
    3,572 sqft · 0.40 AC lot
    View details
    33 Hidden Acres Dr
    RESTAURANT

    33 Hidden Acres Dr, Asheville, NC 28806-9506

    $1,345,000
    Estimated value
    9,048 sqft · 3.40 AC lot
    View details
    1333 Tunl Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    1333 Tunl Rd, Asheville, NC 28805-1601

    $1,110,000
    Estimated value
    3,660 sqft · 1.00 AC lot
    View details
    168 Haywood Rd
    TAKE-OUT RESTAURANT

    168 Haywood Rd, Asheville, NC 28806-4524

    $540,000
    Estimated value
    932 sqft · 0.16 AC lot
    View details
    375 Haywood Rd
    BAR, TAVERN

    375 Haywood Rd, Asheville, NC 28806-4231

    Value Estimation by Request
    1,380 sqft · 0.12 AC lot
    View details
    77 Biltmore Ave
    RESTAURANT

    77 Biltmore Ave, Asheville, NC 28801-3626

    $2,850,000
    Estimated value
    5,336 sqft · 0.25 AC lot
    View details
    1860 Hendersonville Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    1860 Hendersonville Rd, Asheville, NC 28803-2467

    $1,765,000
    Estimated value
    4,170 sqft · 0.87 AC lot
    View details

    Asheville, NC Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Asheville, NC, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 52,612 square feet of properties for sale, with an estimated market value of $23,692,399.

    Sale prices for restaurant properties in Asheville, NC start at $432,400, averaging $2,632,488, and reaching up to $5,675,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 12
    Bars & Pubs 7
    Coffee shops 4
    Commercial kitchens 2
    Drive through restaurants 1

    Demographics Overview

    Population 139K
    Population Growth (5Y) +4.9%
    Median Household Income $66,351
    College Educated 33.1%

    High-Yield Neighborhoods for Investment

    Identify Asheville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    28805 $525K
    28806 $1.3M
    28803 $1.7M
    28801 $2.5M
    28804 $2.5M

    Taxes & Financing

    Tax Rate (average for all types) 0.91%
    Property Tax per SF $11.15 per SF
    Tax Rate vs County Average 0.06 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Buncombe County

    New Delisted

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    Most Searched ZIP Codes in Asheville, NC

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    • 28804
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