Positioned in the heart of Asheville’s most sought-after corridor, this 2,250 SF commercial investment opportunity sits along the highly desirable Haywood Road in the vibrant West Asheville. Known for its strong daily traffic counts, pedestrian-friendly design, and eclectic mix of retail, dining, and lifestyle businesses, this location offers unmatched visibility and long-term growth potential. Freshly renovated and upfit in 2024 The property is fully leased with two strong, complementary tenants: Potential New Boyfriend, a popular vinyl and dessert bar concept, and Franny’s Farmacy, a well-established boutique CBD/THC retailer featuring a beautifully curated outdoor patio and garden lounge with on-site consumption. Additional highlights include a shared adjoining parking lot, dedicated employee parking at the rear, and a fenced-in outdoor area enhancing tenant and customer experience. Current gross annual income is $54,000 with approximately four years remaining on existing leases plus renewal options and built-in 3% annual rent escalationsproviding immediate cash flow with steady upside. Opportunities to acquire stabilized assets in this high-demand Haywood Road corridor are exceptionally rare, making this an ideal long-term hold for investors seeking both security and appreciation in one of Asheville’s most dynamic submarkets.
| MLS # | 4375681 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1954 |
| Days On Site | 95 |
| Listing Provided By | Trailblazer Realty LLC | Dean Pistor |
| Bath(s) | 2 |
|---|---|
| SQ Feet | 2,250 |
| Story(s) | 1 |
| Units | 2 |
| Building(s) | 2 |
| Zoning | HR-2 |
| Acreage | 0.13 |
| Roof | Rubber |
|---|---|
| Construction Materials | Brick Partial, Block |
| Foundation Details | Slab |
| Lot Features | Infill Lot |
| List Aor | Land of The Sky Association of Realtors |
|---|
| Property | 392200 |
|---|
| State | NC |
|---|---|
| County | Buncombe |
| City | Asheville |
| Zip Code | 28806 |
| Area | Buncombe |
| Listing VS Median (in 28806) | |
Price: $750,000 low | high Med: $475,000 sqft: 2,250 low | high Med: 1,760 $ / sqft: $333 low | high Med: $296 On site: 95 low | high Med: 58 | |
| State | NC |
|---|---|
| County | Buncombe |
| City | Asheville |
| Zip Code | 28806 |
| Area | Buncombe |
| Listing VS Median (in 28806) | |
Price: $750,000 low | high Med: $475,000 sqft: 2,250 low | high Med: 1,760 $ / sqft: $333 low | high Med: $296 On site: 95 low | high Med: 58 | |