$750,000
About this home
Prime retail available for sale or lease at 1297 Tunnel Road in East Asheville, offering excellent visibility and direct frontage along one of the area’s busiest commercial corridors. This highly accessible site provides strong daily traffic counts and convenient connectivity to both Interstate 240 and Interstate 40, placing it just minutes from Downtown Asheville. Positioned within Asheville’s primary retail trade area near Asheville Mall, the site benefits from strong co-tenancy with national retailers, restaurants, and surrounding residential density. Ideal for a bank, quick-service restaurant, medical retail, or service-oriented user, this pad offers a rare opportunity to establish a presence along the high-traffic Tunnel Road corridor with flexible sale or ground lease options. *Though the property is not located in the flood zone, there was significant flooding from Helene. Internal work needs to be done.
Property details
- MLS #
- CAR4360564
- Property type
- Retail
- Subdivision
- N/A
- Status
- Active
- Days on market
- 16
- On market date
- March 23, 2026
- Stories
- N/A
- Garage spaces
- N/A
- Lot size
- N/A
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 211
- Student:teacher ratio
- 11.1:1
- District
- Buncombe County Schools
- Enrollment
- 523
- Student:teacher ratio
- 14.5:1
- District
- Buncombe County Schools
- Enrollment
- 278
- Student:teacher ratio
- 25.3:1
- District
- Buncombe County Schools
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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated April 8, 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.