Retail at 58 Broadway Street, Asheville
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31 photos

$800,000

58 Broadway Street
Asheville, NC 28801
Listed by Carla Barnard · Likewise Commercial Real Estate
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1925

About this home

Excellent downtown Asheville investment: 58 Broadway St offers 3,531 SF of finished mixed-use space plus a 1,697 SF unfinished basement. The first floor includes a ~400 SF commercial storefront (with mini-split HVAC and its own bathroom) flanked by two apartment units; the second floor houses three additional one-bath apartments, each outfitted with electric heat, electric range, and refrigerator (no central AC). The building is zoned CBD and serviced by city water and sewer. Strategically located on Broadway Street, which sees approximately 10,000 vehicles per day, the property sits just under a mile from I-240 (Exit 1B / Brevard Rd) and within minutes of the I-26/I-240 interchange, offering seamless access to the region’s interstate network. From this address, residents and tenants can walk to dozens of downtown shops, restaurants, and cultural venues, while vehicles can reach Patton Avenue and Charlotte Street in moments. This property is ideal for an owner-user, rental investor, or owner-operator seeking excellent downtown exposure and connectivity.

Property details

MLS
Canopy MLS
MLS #
CAR4309816
Property type
Retail
Subdivision
N/A
Status
Active
Days on market
272
On market date
October 6, 2025
Stories
2
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Claxton Elementary
0.72 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
390
Student:teacher ratio
13.4:1
District
Asheville City Schools
Middle
Asheville Middle
0.86 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
623
Student:teacher ratio
11.5:1
District
Asheville City Schools
High
Asheville High
1.69 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
1,135
Student:teacher ratio
13.2:1
District
Asheville City Schools

Walkability

Blended score for Asheville's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

99
Highly walkable
out of 100
EPA National Walkability Index
19.5 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores13
Parks20
Schools19
Transit stops20
Pharmacies6

Market position

How this listing compares to current activity in Asheville, from live MLS data.

On the market 272 days -- 152 more days than Asheville's current average of 120 days.
For reference, the median list price across 1,597 active listings in Asheville right now is $489,000.

Mortgage calculator

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Est. monthly payment
$4,968/mo
$160,000 down
$640,000 loan
Principal & interest$4,151
Property tax (est.)$667
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 25 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.