INNOVATE Real Estate
Retail at Asheville
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$875,000

Asheville, NC 28806
Listed by Mark Morris · NAI Beverly-Hanks
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1967

About this home

Prime, high traffic retail corner at a major intersection in West Asheville! This highly visible, well-appointed glass & brick bank branch is perfect for conversion into professional services, medical/dental offices, smart tech or boutique retail! Exceptional investment property located along West Asheville’s main east- west traffic feed! Beautifully shaded lot on a traffic-lit corner with abundant onsite parking and multiple points of access. The drive-through facility has use or conversion potential for a myriad of business uses. Clean, modern, lots of glass and natural interior lighting! Ask agent about seller’s financial use restriction. Showings by appointment only!

Property details

MLS #
CAR4379876
Property type
Retail
Subdivision
N/A
Status
Active
Days on market
11
On market date
May 8, 2026
Stories
1
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A

Location

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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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Lucy S. Herring Elementary
0.49 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
298
Student:teacher ratio
11.9:1
District
Asheville City Schools
Middle
Asheville Middle
2.64 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
3.1 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).

93
Highly walkable
out of 100
EPA National Walkability Index
17.5 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores12
Parks6
Schools14
Transit stops20
Pharmacies5

Market position

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

On the market 11 days -- 115 fewer days than Asheville's current average of 126 days.
For reference, the median list price across 1,253 active listings in Asheville right now is $500,000.

Mortgage calculator

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

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Est. monthly payment
$5,419/mo
$175,000 down
$700,000 loan
Principal & interest$4,540
Property tax (est.)$729
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated May 19, 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.