$750,000
( $333.33Per Sq Foot )
 $4,026 est/mo Sourced by Back At You

645 & 647 Haywood Road,Asheville, NC 28806

Asheville, NC 28806

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Description

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.

Details

MLS #4375681
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1954
Days On Site95
Listing Provided ByTrailblazer Realty LLC | Dean Pistor

Features

Bath(s)2
SQ Feet2,250
Story(s)1
Units2
Building(s)2
ZoningHR-2
Acreage0.13

Exterior

RoofRubber
Construction MaterialsBrick Partial, Block
Foundation DetailsSlab
Lot FeaturesInfill Lot

Other

List AorLand of The Sky Association of Realtors

Taxes

Property392200

Area Information

StateNC
CountyBuncombe
CityAsheville
Zip Code28806
AreaBuncombe
Listing VS Median (in 28806)
Price:
$750,000
low | high
Med:
$475,000
86.666666666667% of Average
sqft:
2,250
low | high
Med:
1,760
71.8% of Average
$ / sqft:
$333
low | high
Med:
$296
61.243946731235% of Average
On site:
95
low | high
Med:
58
100% of Average
Sourced by Back At You

Market Activity 28806

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 Listings courtesy of Canopy MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of September 4, 2026 at 11:28:15 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateNC
CountyBuncombe
CityAsheville
Zip Code28806
AreaBuncombe
Listing VS Median (in 28806)
Price:
$750,000
low | high
Med:
$475,000
86.666666666667% of Average
sqft:
2,250
low | high
Med:
1,760
71.8% of Average
$ / sqft:
$333
low | high
Med:
$296
61.243946731235% of Average
On site:
95
low | high
Med:
58
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $562K - $937K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
33 Fairfax Avenue Property Photo 1
$737,000
33 Fairfax Avenue
Asheville, NC 28806
Listing Updated: July 9, 2026 at 4:35:49 PM PDT
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