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Active

9 Fallen Spruce Drive

Asheville, NC 28806

Active 53 days on market Listing ID CAR 303783805

$1,750,000

Est. $10,059/mo See my rate

$226/Sq Ft

7,737 sqft · $226/sqft

— Beds
— Baths
7,737 Sq Ft
$226/Sq Ft
2004 Built
.50 acres Retail Listed Jun 4, 2026 Updated Jul 2, 2026 HOA None

About This Home

Six-unit well-maintained neighborhood center in a highly accessible north-west Asheville location. Long-term tenants in place, with one current vacancy, offering immediate value-add potential and stable cash flow. All tenants are operating under NNN leases.

Conveniently located just off New Leicester Highway. Surrounded by a strong mix of residential and commercial development, nearby businesses, and numerous service-oriented retailers and professional offices that support the area's growing population. This is an excellent opportunity for investors seeking a multi-tenant asset with in-place income and upside through lease-up of the remaining vacancy.

Please see the brochure for further financial information. Please do not disturb tenants - contact the listing broker for showings.

Property Details

Interior Details

Heating
  • Central
  • Electric
Flooring
  • Bamboo
  • Hardwood
  • Tile
  • Vinyl
Exclusions
Tenant FFE excluded
Inclusions
  • Building
  • Land
Total Bathrooms
6
Window Features
  • Display Window(s)
Sqftmaximumlease
0.00
Sqftminimumlease
0.00
Sqftavailablemaximum
7737
Sqftavailableminimum
7737

Square Footage And Levels

Below Grade Finished Area
0

Parking And Garage

Parking Features
  • Parking Lot
  • Parking Space(s)

Lot And Land

Lot Features
  • Open Lot
  • Paved
Lot Size Acres
0.5
Lot Size Units
Acres

Utilities

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

Financial Information

Citytaxespaidto
No City Taxes Paid

Zoning And Restrictions

Zoningspecification
C S

Multi Unit Details

Number Of Buildings
1
Total Number Of Units
6

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

Location

Address
9 Fallen Spruce Drive
City
Asheville, NC 28806
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Canopy MLS

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