38 & 40 Biltmore Avenue, Asheville, NC 28801

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List Price
$5,995,000
MLS#
4429116
Status
ACTIVE
Property Type
Commercial Sale
Year Built
1925
Days on Market
22
Bathrooms
4
Lot Size
8,712
Lot Size Area
0.2
County
Buncombe

Property Description

This landmark historic commercial property in the heart of Downtown Asheville presents a rare opportunity to acquire a 100% occupied, architecturally distinctive asset with a long-standing, reputable tenant history. The property offers approximately ±24,332 SF on ±0.20 acres of thoughtfully designed, light-filled space across three floors. Zoned CBD, fully sprinklered and featuring a freight elevator, the building has a functional layout for a variety of commercial uses and potential for development of additional rentable SF in the lower level. The property has been home for more than three decades to Blue Spiral 1, one of the South’s largest and most renowned art galleries. Located along Biltmore Avenue within Asheville’s vibrant and walkable downtown core, the property offers convenient access to major thoroughfares, with I-240 approximately 1 mile away and I-40 approximately 3 miles away, providing connectivity to I-26, US 25, US 70, and other regional routes.

Additional Information

Floor Coverings
Carpet, Concrete, Tile, Wood
Equipment
Dishwasher, Refrigerator
Heating
Electric, Heat Pump, Natural Gas
Water
City
Sewer
Public Sewer
Driveway
Paved
Lot Description
Level, Paved
Zoning
CBD
Special Conditions
None

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Likewise Commercial Real Estate. carla@likewisecommercial.com

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