MLS#4375681
STATUSActive
PROPERTY TYPECommercial - Retail
Property Description
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 Features
Property Type: Commercial - Retail
Fenced: Yes
Lot Size: 0.13 Acres
Roof Type: Rubber
Year Built: 1954
Feature Descriptions
Exterior: Brick Partial, Block
Flood Plain: No
Foundation: Slab
Lot: Infill Lot
Parcel#: 963824789100000
Units: 2
Listed By / Shown By
Listed By
Agency Name: Trailblazer Realty LLC
Agency Contact: DeanAVLMarketplace@gmail.com
Shown By
Agent Name: Lisa Dwyer
Agent Phone: (704) 775-0511
Agency Title: Lake Norman Realty
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645 & 647 Haywood Road | MLS# 4375681
This commercial property located at 645 & 647 Haywood Road , Asheville, NC 28806 is currently listed for sale with an asking price of $750,000. Search Asheville real estate on lisadwyer.lakenormanrealty.com today.