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38 & 40 Biltmore Avenue , Asheville, NC 28801

$5,995,000
  • 38 & 40 Biltmore Avenue , Asheville, NC 28801 Main Photo

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New to the Market Active
MLS#4429116
STATUSActive PROPERTY TYPECommercial - Retail

Property Description

This landmark historic commercial property in the heart of Downtown Asheville presents a rare opportunity to acquire a fully leased, architecturally distinctive asset with a long-standing, reputable tenant history. The property offers approximately ±24,368 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.

38 & 40 Biltmore Avenue | MLS# 4429116

This commercial property located at 38 & 40 Biltmore Avenue , Asheville, NC 28801 is currently listed for sale with an asking price of $5,995,000. Search Asheville real estate on www.lakenormanrealty.com today.

Property Features

Property Type: Commercial - Retail
Basement: Yes
Basement: Exterior Entry, Interior Entry, Storage Space, Walk-Out Access, Walk-Up Access
Heating: Electric, Heat Pump, Natural Gas
Lot Size: 0.20 Acres
Year Built: 1925

Feature Descriptions

Accessibility Features: Mobility Friendly Flooring
Appliances: Dishwasher, Refrigerator
Building Features: Elevator, Receptions Room
Days on Site: 1
Flood Plain: No
Flooring: Carpet, Concrete, Tile, Wood
Lot: Level, Paved
Parcel#: 9648-49-5851-00000
Sewer: Public Sewer
Special View Info: City
Utilities: Electricity Connected
Water: City
Window Features: Display Window(s), Skylight(s)

Listed By / Shown By

Listed By

Agency Name: Likewise Commercial Real Estate
Agency Contact: carla@likewisecommercial.com

Shown By

Agency Title: Lake Norman Realty
Agency Phone: 704-450-1175

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