Retail at 738 Merrimon Avenue, Asheville
Retail at 738 Merrimon Avenue, Asheville, photo 2 of 15
Retail at 738 Merrimon Avenue, Asheville, photo 3 of 15
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Retail at 738 Merrimon Avenue, Asheville, photo 5 of 15
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15 photos

$525,000

738 Merrimon Avenue
Asheville, NC 28804
Listed by Dora Liao · EXP Realty LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
2000

About this home

Prime Commercial Opportunity property located on high-traffic Merrimon Avenue in North Asheville. This unique, freestanding round building, built in 2000, offers approximately 2,210 square feet of versatile space on a 0.13-acre lot, ideal for retail, office, or investment use. Highly visible with excellent frontage. Conveniently located near major amenities such as Ingles Market, U.S. Post Office, and Truist Bank, with easy access to downtown Asheville and I-240. A rare opportunity to own a high-exposure property in one of Asheville’s most sought-after commercial corridors. Contact the listing agent for more details.

Property details

MLS
Canopy MLS
MLS #
CAR4220017
Property type
Retail
Subdivision
N/A
Status
Active
Days on market
508
On market date
February 7, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
5
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
Ira B Jones Elementary
0.53 mi away · Grades -1-5
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
389
Student:teacher ratio
13.0:1
District
Asheville City Schools
Middle
Asheville Middle
2.58 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
3.52 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).

83
Highly walkable
out of 100
EPA National Walkability Index
14.2 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores5
Parks11
Schools6
Transit stops20
Pharmacies8

Market position

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

On the market 508 days -- 387 more days than Asheville's current average of 121 days.
For reference, the median list price across 1,596 active listings in Asheville right now is $489,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$3,312/mo
$105,000 down
$420,000 loan
Principal & interest$2,724
Property tax (est.)$438
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 30, 2026.

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.