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Closed

408 Depot Street

Asheville, NC 28801

Closed Closed Nov 4, 2025 Listing ID CAR 278133504

$735,000

Sold

— Beds
— Baths
— Sq Ft
2016 Built
— acres Retail Downtown District Listed May 28, 2025 Updated Nov 4, 2025 HOA —

About This Commercial Property

Street-level commercial, retail, or office space available for sale in the famous River Arts District of Asheville. This 2,390 SF unit has high ceilings, floor to ceiling windows and polished concrete floors, creating a modern, industrial aesthetic ideal for a variety of business uses. The space is fully sprinklered and benefits from ample on street parking and private parking lot options.

The prominent street presence offers excellent visibility. Surrounded by popular artist galleries and new restaurants, the property sits just off busy Lyman Street with easy access to I-240 and downtown Asheville. Located in an UP-zoned district, it offers added flexibility for future development and a wide range of permitted uses—making it an excellent opportunity for owner-users or investors looking to establish a presence in a dynamic, arts-centered community.

Seller owns adjoining vacant lot.

Property history

  1. Apr 15, 2026
    Sold $475,000 Closed
    Listed $475,000 · Dec 5, 2025 131 days on market
    Previously sold for $475,000
  2. Apr 15, 2026
    Sold $444,000 Closed
    Listed $475,000 · Dec 5, 2025 131 days on market
    Previously sold for $444,000
  3. Dec 23, 2025
    Went pending $475,000 Pending
    Active -> Pending
Show 3 more Show less
  1. Dec 5, 2025
    Previously listed $475,000 Closed
  2. Nov 4, 2025
    Sold $735,000 Closed
    Listed $750,000 · May 28, 2025 160 days on market
    Previously sold for $735,000
  3. May 28, 2025
    Previously listed $750,000 Closed

Property Details

Interior Details

Heating
  • Central
Flooring
  • Concrete
Inclusions
  • Building
  • Land
Total Bathrooms
2
Window Features
  • Display Window(s)
Sqftmaximumlease
0.00
Sqftminimumlease
0.00
Security Features
  • Fire Sprinkler System
Sqftavailablemaximum
2390
Sqftavailableminimum
2390

Parking And Garage

Parking Features
  • Parking Lot
  • Parking Space(s)
  • Other - See Remarks

Exterior Features

Roof
  • Steel

Lot And Land

Lot Size Units
Acres

Utilities

Sewer
  • Public Sewer
Utilities
  • Electricity Connected
  • Natural Gas
Water Source
  • City

Financial Information

Citytaxespaidto
Asheville
Proposedspecialassessmentyn
0

Zoning And Restrictions

Zoningspecification
U P

Multi Unit Details

Number Of Buildings
1
Total Number Of Units
1

Listed by Carla Barnard (828-222-3685) · Likewise Commercial Real Estate (828-222-3685)

Location

Address
408 Depot Street
City
Asheville, NC 28801
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