$750,000
Est. Payment: $3,855/mo
Adjust down payment, rate & terms
645 & 647 Haywood Rd, Asheville, NC 28806
Asheville, NC 28806
0
bedrooms
2
baths
N/A
sq.ft.
N/A
price per sf
Presented By
Carnarri Cofield
REALTOR®
Office: (980) 272-8547
About This Property
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.
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: 2 Full
- Stories: 1
- Year Built: 1954
- New Construction: No
- MLS #: 4375681
Association
- HOA Required: No
Construction Materials
- Brick Partial
- Block
- Foundation: Slab
- Roof: Rubber
Foundation Details
- Slab
Exterior Features
- Fencing: Back Yard, Wood
Road
- Road Responsibility: Publicly Maintained Road
- Road Surface Type: Paved
Tax and Financial Info
- Listing Terms: Conventional, Owner Financing
Location
Similar homes nearby
LISTING COURTESY OF: TRAILBLAZER REALTY LLC
DeanAVLMarketplace@gmail.com
$750,000
Est. Payment: $3,855/mo
Adjust down payment, rate & terms
Asheville, NC 28806
0
bedrooms
2
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. Equal Housing Opportunity.
Listing Courtesy of Trailblazer Realty LLC
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.
$750,000
645 & 647 Haywood Road
0 bed, 2 bath