645 & 647 Haywood Road

Asheville, NC 28806

MLS#: 4375681

$750,000

Status: Active
Listing number: 4375681
Listing provided by: Trailblazer Realty LLC
Listing agent phone: None
Last update: 16 days ago
On site: 17 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1954

Sq.Footage

2,250

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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    NO

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Pool

    No

Area & Lot

  • Property Type

    Commercial Sale

  • Property Sub Type

    Retail

Price

  • Sales Price

    $750,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Slab

  • Senior Community YN

    NO

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Location

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Buncombe

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Listing Courtesy of Dean Pistor , Trailblazer Realty LLC

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Agent Zaneta Mowatt

Agent

Zaneta Mowatt

Call Zaneta today to schedule a private showing.

(704) 904-7596

(803) 395-8684

zaneta@prestinoadvantage.com


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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.

645 & 647 Haywood Road

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