INNOVATE
Real Estate
photo 2
photo 3
photo 4
photo 5
photo 6
photo 7
photo 8
photo 9
photo 10
photo 11
photo 12
photo 13
photo 14
photo 15
photo 16
photo 17
photo 18
photo 19
photo 20
photo 21
photo 22
photo 23
photo 24
photo 25
photo 26
photo 27
photo 28
photo 29
photo 30
photo 31
photo 32
photo 33
photo 34
photo 35
photo 36
photo 37
photo 38
photo 39
photo 40
photo 41
photo 42
photo 43
photo 44
photo 45
photo 46
photo 47
photo 48
48 photos

$2,600,000

Asheville, NC 28801
Listed by Abigail Farrow · Likewise Commercial Real Estate
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1926

About this home

The historic & well-maintained Meadows Building is listed on the National Register of Historic Places. This property offers unparalleled exposure amidst the vibrant cityscape of Downtown Asheville. Well-positioned at the signalized intersection off I-240, this property offers interstate visibility and road frontage from 2 major city streets with high VPD. 7,042 SF with 3 floors of usable space. Layout is conducive to redevelopment or alternate uses, providing value-add income potential. Lower level includes a retail area and commercial kitchen infrastructure with dumbwaiter accessing all floors. Platform passenger lift services upper two levels. Wood flooring, high ceilings, natural light, and both east and west facing views of mountains and the cityscape. Building went through a full scale renovation in 2008. Recent upgrades include a new roof in 2021 and new windows in 2023. Paid parking (82 spots) directly across the street with additional street metered parking.

Property details

MLS #
CAR4249365
Property type
Retail
Subdivision
N/A
Status
Active
Days on market
312
On market date
N/A
Stories
3
Garage spaces
N/A
Lot size
N/A

Location

Get directions →
Loading map…

Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Claxton Elementary
0.63 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
0.9 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
1.78 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

Mortgage calculator

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

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$15,808/mo
$520,000 down
$2,080,000 loan
Principal & interest$13,491
Property tax (est.)$2,167
Home insurance (est.)$150

Similar homes you might like

$3,000,000
Asheville, 28803
N/A bd·N/A ba·N/A
Listed by Brent Crowell, Keller Williams Mtn Partners, LLC
$2,600,000
Asheville, 28803
N/A bd·N/A ba·N/A
Listed by Paul Ellis, Pulliam Properties, Inc
$2,600,000
Asheville, 28801
N/A bd·N/A ba·N/A
Listed by Mark Morris, NAI Beverly-Hanks
New
$2,500,000
Asheville, 28801
N/A bd·N/A ba·N/A
Listed by Jim Davis, NAI Beverly-Hanks
No photo
$2,500,000
Asheville, 28806
N/A bd·N/A ba·N/A
Listed by Autumn Greenfield, Greenfield Real Estate LLC
$2,400,000
Asheville, 28806
N/A bd·N/A ba·N/A
Listed by James Diaz, Likewise Commercial Real Estate
New
$2,400,000
Asheville, 28801
N/A bd·N/A ba·N/A
Listed by Chris Mansfield, NAI Beverly-Hanks
New
$2,350,000
Asheville, 28806
N/A bd·N/A ba·N/A
Listed by Jesse Ratliff, Looking Glass Realty AVL LLC

Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated March 7, 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.