No photos available for this listing

$3,500,000

Asheville, NC 28801
Listed by Jay Lurie · The Real Estate Center
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1927

About this home

Fully leased, mixed-use historic asset located in the heart of downtown Asheville, NC, offering a stabilized and diversified income stream. Positioned steps away from Pack Square in between the AC Marriott and The Kimpton Arras Hotel. Built in 1920 and updated in 2024, the property at 9–13 Broadway Street features three ground-level retail spaces, including a restaurant, and two fully furnished residential units (1BR/1.5BA and 1BR/1BA). The asset is 100% occupied with stable tenants and renewal options in place, providing predictable cash flow and long-term income security. Positioned in Asheville’s high-traffic, tourism-driven urban core and surrounded by strong hospitality and retail development, this investment offers multiple revenue streams and a balanced income profile in the heart of downtown Asheville. (Sale includes 2 buildings: PIN 13 Broadway - 964940261500000 and PIN 9 Broadway - 964940261200000. (No showings until after April 13th)

Property details

MLS #
CAR4366331
Property type
Retail
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
2
Garage spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Isaac Dickson Elementary
0.71 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
407
Student:teacher ratio
14.0:1
District
Asheville City Schools
Middle
Asheville Middle
0.76 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
1.57 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

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Est. monthly payment
$21,227/mo
$700,000 down
$2,800,000 loan
Principal & interest$18,161
Property tax (est.)$2,917
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated April 10, 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.