Asheville, NC Storefront Properties for Sale

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17 properties

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Updated: Apr 1, 2025

Historic Downtown Storefront Property

43 Broadway Street, Asheville, NC 28801

$1,690,000

5,968 sqft

5,968 SF storefront property built in 1915
20 feet of Broadway Street frontage with 9,000 VPD
Flexible CBD zoning in downtown Asheville
Upper level includes open space, high ceilings, newer floor‑to‑ceiling windows, and historic finishes
Full unfinished basement with storage and interior or exterior access

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Here's a quick look at some key insights for

43 Broadway Street, Asheville, NC 28801

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Est. Cap Rate

4.1%
NOI ÷ price
Est. NOI

$70K
Annual
Price @ 7% Cap

$1000K
Suggested
Property Type

Retail Stores
Built 1915

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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.

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Freestanding Round Retail/Office Building

738 Merrimon Avenue, Asheville, NC 28804

$525,000

0.13 AC lot

Versatile freestanding round building on a high-traffic commercial corridor with strong frontage and adaptable retail or office use.

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Storefront Property with River Access

704 Riverside Drive, Asheville, NC 28801

$250,000

0.13 AC lot

Flood-affected building shell with partitions, one bathroom, parking, and a separate shed/boathouse.

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Freestanding Storefront Building

295 W Haywood Street, Asheville, NC 28801

$499,999

1,193 sqft

Single-occupancy commercial building with updated roof, siding, and windows, plus parking and storage.

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Historic Storefront Retail Space

25 Page Ave, Asheville, NC 28801

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1,100 sqft

Downtown storefront with tall ceilings, display windows, original hardwood flooring, and shared restrooms.

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Corner Retail Suite with Display Windows

5 Biltmore Plaza, Asheville, NC 28803

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4,301 sqft

Bright, open 4,301 SF corner space with generous display windows and visible signage in Biltmore Village.

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Historic Downtown Storefront Space

25 Page Avenue Unit 103, Asheville, NC 28801

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1,100 sqft

Tall ceilings, display windows, and refinished original hardwood floors shape this downtown retail space.

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Asheville Multi-Tenant Net Leased Property

148 Tunnel Rd, Asheville, NC 28805

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6,700 sqft

A 6,700 SF property 100% leased to national tenants.

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Interstate-Adjacent Retail Shopping Center

15-40 Peaks Center Lane, Asheville, NC 28805

$8,800,000

Interstate-adjacent retail shopping center with immediate visibility and high daily traffic counts from and in front of the property.

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Historic Biltmore Village Corner Property

1 Swan Street, Asheville, NC 28803

$575,000

Corner property in historic Biltmore Village with high visibility.

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Two-Story Corner Retail Studio

111211-315 Haywood Rd, Asheville, NC 28806

$699,000

Flexible live-work or commercial corner unit with street-level retail/studio space and a second-floor plan.

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Prime Patton Avenue Assemblage

1473 Patton Ave, Asheville, NC

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4,199 sqft 1.72 AC lot

Three combined properties totaling 1.72 acres with redevelopment potential.

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Renovated Multi-Suite Storefront

244 Short Coxe Avenue Unit 130, Asheville, NC 28801

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Lower-level commercial suites with on-site parking support small-business and professional-service uses.

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Free-Standing Retail Building

209 Tunnel Rd, Asheville, NC 28805

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Free-standing retail building along Tunnel Road in Asheville’s retail corridor, described as less than 10 years old.

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Street-Level Retail Suite

363 Hilliard Avenue, Asheville, NC 28801

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New construction with high ceilings, onsite parking, and adjacency to a residential project’s coworking amenities.

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Downtown Asheville Corner Retail Building

79 Asheland Ave, Asheville, NC 28801

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1,648 sqft

Prime downtown location with high visibility and development potential.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 17 Active Listings in Asheville, NC, we suggest to view alternatives - similar 3 Off-Market properties to explore as potential leads.

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.

Individual retail properties

146 Roberts St, Asheville, NC 28801

Value Estimation by Request

16,860 sqft

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Individual retail properties

141 Merrimon Ave, Asheville, NC 28801

Value Estimation by Request

5,415 sqft 0.35 AC lot

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Individual retail properties

114 Lexington Ave, Asheville, NC 28801

Value Estimation by Request

7,042 sqft 0.06 AC lot

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Asheville, NC Storefront Properties Market Trends and Statistics

Explore 20 storefront properties for sale in Asheville, NC, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 26,209 square feet of properties for sale, with an estimated market value of $15,388,999.

Sale prices for retail units in Asheville, NC start at $250,000, averaging $1,923,624, and reaching up to $8,800,000 — 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

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
28801	$333.3K
28803	$393.3K
28806	$1.2M
28804	$1.4M
28805	$8.8M

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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