$750,000
About this home
Positioned in the heart of Asheville’s most sought-after corridor, this 2,250 SF commercial investment opportunity sits along the highly desirable Haywood Road in the vibrant West Asheville. Known for its strong daily traffic counts, pedestrian-friendly design, and eclectic mix of retail, dining, and lifestyle businesses, this location offers unmatched visibility and long-term growth potential. Freshly renovated and upfit in 2024 The property is fully leased with two strong, complementary tenants: Potential New Boyfriend, a popular vinyl and dessert bar concept, and Franny’s Farmacy, a well-established boutique CBD/THC retailer featuring a beautifully curated outdoor patio and garden lounge with on-site consumption. Additional highlights include a shared adjoining parking lot, dedicated employee parking at the rear, and a fenced-in outdoor area enhancing tenant and customer experience. Current gross annual income is $54,000 with approximately four years remaining on existing leases plus renewal options and built-in 3% annual rent escalations—providing immediate cash flow with steady upside. Opportunities to acquire stabilized assets in this high-demand Haywood Road corridor are exceptionally rare, making this an ideal long-term hold for investors seeking both security and appreciation in one of Asheville’s most dynamic submarkets.
Property details
- MLS #
- CAR4375681
- Property type
- Retail
- Subdivision
- N/A
- Status
- Active
- Days on market
- N/A
- On market date
- N/A
- Stories
- 1
- Garage spaces
- N/A
- Lot size
- N/A
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 81
- Student:teacher ratio
- 16.2:1
- District
- Asheville PEAK Academy
- Enrollment
- 623
- Student:teacher ratio
- 11.5:1
- District
- Asheville City Schools
- 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
Similar homes you might like
Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 1, 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.