$1,490,000
149 New Leicester Hwy, Asheville, NC 28806
0 bed · 3 bath
0
bedrooms
3
baths
N/A
sq.ft.
N/A
price per sf
Presented by Citadel Cofield · Office (980) 272-8547
About This Property
Attractive investment opportunity along one of West Asheville's primary commercial corridors. This 6,740 SF purpose-built facility was designed for a full-service physical therapy practice and offers a highly functional layout adaptable to a variety of medical, wellness, professional office, or service-oriented users. The property is currently leased to a successful, regional physical therapy and sports medicine practice, providing stable cash flow for an investor at a 6.39% CAP Rate. Situated on 1.76 Acres, zoned HB (Highway Business) and featuring 346 feet of road frontage, this site provides outstanding visibility, signage, and convenient access for the community, ensuring success for the Tenant-occupant. Ideally located just minutes from downtown Asheville, the property enjoys quick access to I-240 (approximately 3 miles), I-26 (approximately 4 miles), and I-40 (approximately 6 miles), allowing seamless connectivity throughout Western North Carolina. This well-maintained asset presents an excellent investment opportunity in a growing commercial market.
LISTING COURTESY OF: LIKEWISE COMMERCIAL REAL ESTATE
jess@likewisecommercial.com
About the Neighborhood
Looking for the perfect Commercial Sale in Asheville? The 28806 zip code offers a unique blend of local amenities, convenient transit, and community charm, making it a fantastic area to call home. Reach out to learn more about the local real estate market in this specific neighborhood.
Property Features
Property Description
- Bathrooms: 3 Full
- Stories: 1
- Year Built: 2012
- New Construction: No
- MLS #: 4389474
Association
- HOA Required: No
Utilities
- Electricity Connected
- Natural Gas
- Solar
- Wired Internet Available
- Other - See Remarks
Interior Features
- Heating: Central, Ductless, Heat Pump, Natural Gas, Zoned
- Cooling: Ceiling Fan(s), Central Air, Ductless, Heat Pump, Zoned
Appliances
- Refrigerator
Construction Materials
- Fiber Cement
- Hardboard Siding
- Foundation: Slab
- Roof: Metal
Cooling
- Ceiling Fan(s)
- Central Air
- Ductless
- Heat Pump
- Zoned
Foundation Details
- Slab
Heating
- Central
- Ductless
- Heat Pump
- Natural Gas
- Zoned
Parking Features
- Parking Lot
- Parking Space(s)
- Shared Driveway
Exterior Features
- Fencing: Chain Link
- Pool: In Ground, Indoor
Road
- Road Responsibility: Publicly Maintained Road
- Road Surface Type: Paved
Sewer
- Public Sewer
WaterSource
- City
Security Features
- Security System
- Smoke Detector(s)
Flooring
- Carpet
- Laminate
- Vinyl
Window Features
- Display Window(s)
- Window Treatments
Tax and Financial Info
- Listing Terms: Cash, Conventional
Location
Similar homes nearby
$1,490,000
Est. Payment: $7,658/mo
Illustrative estimate only, not an offer of credit. Assumes 20% down and a 30-year fixed loan at 6.5%, plus estimated property tax, insurance, and HOA. Actual rate, APR, and payment will vary.
Adjust down payment, rate & terms
Asheville, NC 28806
0
bedrooms
3
baths
N/A
sq.ft.
N/A
price per sf
Presented By
Carnarri Cofield
REALTOR®
Office: (980) 272-8547
Listings courtesy of Canopy MLS as distributed by MLS GRID.
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
Listing Courtesy of Likewise Commercial Real Estate
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed. Equal Housing Opportunity.
Listing information © 2026 Canopy MLS. All rights reserved.