645 647 Haywood Road
Asheville, NC 28806
Est. $4,311/mo — See my rate
$333/Sq Ft
2,250 sqft · $333/sqft
About This Home
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.
Property Details
Interior Details
- Inclusions
- Building
- Sqftgarage
- 0
- Sqftoffice
- 0
- Sqftwarehouse
- 0
- Total Bathrooms
- 2
- Sqftmaximumlease
- 32.00
- Sqftminimumlease
- 20.00
- Sqftavailablemaximum
- 2250
- Sqftavailableminimum
- 2250
Square Footage And Levels
- Below Grade Finished Area
- 0
Exterior Features
- Roof
- Rubber
- Construction Materials
- Brick Partial
- Block
Lot And Land
- Fencing
- Back Yard
- Wood
- Lot Features
- Infill Lot
- Lot Size Acres
- 0.13
- Lot Size Units
- Acres
Basement And Foundation
- Foundation Details
- Slab
Financial Information
- Citytaxespaidto
- Asheville
- Ceilingheightfeet
- 8
Zoning And Restrictions
- Zoningspecification
- HR-2:EXPN
Multi Unit Details
- Number Of Buildings
- 2
- Total Number Of Units
- 2
- Number Of Leased Units
- 2
Listed by Dean Pistor (828-230-4422) · Trailblazer Realty LLC (828-230-4422)
Location
- Address
- 645 647 Haywood Road
- City
- Asheville, NC 28806
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