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    Asheville, NC
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    Asheville, NC Restaurants for Sale

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    Wilmington, NC Weaverville, NC King, NC Marion, NC Woodfin, NC Murphy, NC Leicester, NC Kinston, NC
    11 properties
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    Historic Meadows Building in Downtown
    Updated: Apr 24, 2025
    Historic Meadows Building in Downtown

    114 N Lexington Ave, Asheville, NC 28801

    $2,600,000
    7,042 sqft
    High‑visibility location at a signalized intersection off I‑240 with road frontage on two major city streets.
    Historic building listed on the National Register of Historic Places.
    7,042 SF with 3 floors of usable space suitable for redevelopment or alternate uses.**
    Commercial kitchen infrastructure and dumbwaiter accessing all floors.
    Recent upgrades including a new roof (2021) and new windows (2023).
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    This listing looks promising.

    Here's a quick look at some key insights for

    114 N Lexington Ave, Asheville, NC, 28801-2815

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    • Est. Cap Rate

      5%
      NOI ÷ price

    • Est. NOI

      $131K
      Annual

    • Price @ 7% Cap

      $1.87M
      Suggested
    View Property Analytics
    Riverfront Land with Restaurant Permit
    Updated: Jul 6
    Riverfront Land with Restaurant Permit

    388 Riverside Drive, Asheville, NC 28801

    $2,200,000
    2.29 AC lot
    2.29‑acre waterfront land parcel
    Direct French Broad River frontage
    Greenway adjacency
    Existing structure with current restaurant rebuild permit
    RAD‑RIV zoning
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    Classic Isis Theater on Haywood
    Classic Isis Theater on Haywood

    743 Haywood Road, Asheville, NC 28806

    $2,799,999
    7,937 sqft

    Versatile event space in the heart of West Asheville.

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    Bar and Event Venue
    Bar and Event Venue

    796 Riverside Dr, Asheville, NC 28801

    Contact for pricing
    2,480 sqft 1.22 AC lot

    Single-story 2,480 SF bar and event space set on 1.22 acres with approximately 265 feet of river frontage.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Mixed-Use Restaurant and Office
    Mixed-Use Restaurant and Office

    575 Haywood Road, Asheville, NC 28806

    $1,200,000

    Corner lot with a converted 1912 office home and a fully leased former diner restaurant building on one parcel.

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    Mixed-Use Retail and Residential
    Mixed-Use Retail and Residential

    330 Sweeten Creek Rd, Asheville, NC 28803

    $750,000

    Ground-level coffee shop retail with a separately accessed upstairs short-term rental unit, plus dedicated parking and billboard income.

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    Turnkey Restaurant and Bar
    Turnkey Restaurant and Bar

    1-111 Broadway St, Asheville, NC 28801

    $1,300,000

    Two-entrance bar and restaurant property includes fixtures and equipment for operations, with outdoor parklets for dining.

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    Brewery With Restaurant And Bar
    Brewery With Restaurant And Bar

    39 N Lexington Avenue N, Asheville, NC 28801

    Contact for pricing

    Historic brick building includes brewing, dining, bar, and commercial kitchen infrastructure.

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    Turnkey Full-Service Restaurant
    Turnkey Full-Service Restaurant

    101 New Leicester Hwy, Asheville, NC 28806

    Contact for pricing

    Turnkey full-service restaurant with 90 seats and 35 parking spaces, with all FF&E included.

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    Turnkey Mixed-Use Property with Rooftop
    Turnkey Mixed-Use Property with Rooftop

    122 College St, Asheville, NC 28801

    Contact for pricing
    11,885 sqft

    Turnkey mixed-use building with furnished residences above two fully leased restaurant and bar spaces.

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    Restaurant and Retail Mixed-Use Parcel
    Restaurant and Retail Mixed-Use Parcel

    794 Haywood Rd, Asheville, NC 28806

    Contact for pricing

    Parcel includes three buildings, huge outdoor space, and parking along Haywood Rd, with month-to-month tenants in place.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 11 Active listings in Asheville, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 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.

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    Historic Mixed-Use Building
    Historic Mixed-Use Building

    37 S Main Street S, Mars Hill, NC 28754

    $1,532,000
    4,800 sqft

    Commercial space with restaurant infrastructure and upper-level residential occupancy.

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    Historic Brewery and Restaurant Building
    Historic Brewery and Restaurant Building

    70 N Main Street, Mars Hill, NC 28754

    $550,000

    Historic 1940s theater conversion operating as Mars Theatre Brewing Company with brewery, restaurant, and live entertainment.

    View details
    Former Walgreens with Drive-Thru
    Former Walgreens with Drive-Thru

    510 NC Hwy 9, Black Mountain, NC

    Contact for pricing
    2,010 sqft 0.37 AC lot

    Drive-thru space at signalized corner near Ingles grocery store.

    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.

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    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.

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    Commercial Land with Interstate Visibility
    Commercial Land with Interstate Visibility

    1672 Crossroads Parkway, Mars Hill, NC 28754

    $799,000
    2.25 AC lot

    C-2 highway business site with prominent interstate access, supported utilities, and development flexibility for traveler-oriented uses.

    View details
    Build-Ready Commercial Land
    Build-Ready Commercial Land

    99999 US 23 Highway, Mars Hill, NC 28754

    $500,000
    18.41 AC lot

    Build-ready commercial land with on-site spring water and existing well and septic.

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    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

    $475,000
    Estimated value
    4,638 sqft 0.41 AC lot
    View details
    518 Hendersonville Rd
    RESTAURANT

    518 Hendersonville Rd, Asheville, NC 28803-2826

    $440,000
    Estimated value
    886 sqft 0.44 AC lot
    View details
    818 Patton Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    818 Patton Ave, Asheville, NC 28806-3619

    $630,000
    Estimated value
    3,688 sqft 0.78 AC lot
    View details
    30 Ldg St
    RESTAURANT

    30 Ldg St, Asheville, NC 28803-2605

    $505,000
    Estimated value
    3,786 sqft 0.17 AC lot
    View details
    17 Lee S St
    RESTAURANT

    17 Lee S St, Asheville, NC 28803-2107

    $455,000
    Estimated value
    2,000 sqft 0.30 AC lot
    View details
    5 Crowell Rd
    RESTAURANT

    5 Crowell Rd, Asheville, NC 28806-1104

    $1,885,000
    Estimated value
    11,800 sqft 3.75 AC lot
    View details
    384 Mcdowell St
    RESTAURANT

    384 Mcdowell St, Asheville, NC 28803-2609

    $465,000
    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

    $555,000
    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

    $525,000
    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

    $1,070,000
    Estimated value
    3,660 sqft 1.00 AC lot
    View details
    168 Haywood Rd
    TAKE-OUT RESTAURANT

    168 Haywood Rd, Asheville, NC 28806-4524

    $520,000
    Estimated value
    932 sqft 0.16 AC lot
    View details

    Asheville, NC Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Asheville, NC, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 29,344 square feet of properties for sale, with an estimated market value of $10,849,999.

    Sale prices for restaurant properties in Asheville, NC start at $750,000, averaging $1,808,333, and reaching up to $2,799,999 — 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 17
    Bars & Pubs 11
    Coffee shops 5
    Commercial kitchens 4
    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
    28803 $750K
    28806 $1.2M
    28801 $2.1M

    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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