This Retail Property is no longer advertised on LoopNet.com.

184 New Haw Creek Rd
Asheville, NC 28805
Retail Property For Sale

Investment Highlights

  • Offered at 7.8% cap rate with "percentage rent" lease
  • Completely remodeled, high-end restaurant with sale/lease back opportunity.
  • Upper level has fire separation so potential for two tenant rather than single tenant.
  • 26,000 VPD at junction of Tunnel Rd. and New Haw Creek Rd.
  • Paved parking includes 44 spaces plus 2 handicap parking spaces and additional off site parking for staff.

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,574 SF
Year Built/Renovated
1965/2019
Building Height
2 Stories
Building FAR
0.08
Lot Size
1.56 AC
Zoning
CBI
Parking
44 Spaces (7.89 Spaces per 1,000 SF Leased)
Frontage
260’ on New Haw Creek Rd.

Amenities

  • Conferencing Facility
  • Courtyard
  • Restaurant
  • Security System
  • Signage
  • Storage Space
  • Recessed Lighting
  • Air Conditioning

About 184 NEW HAW CREEK RD , ASHEVILLE, NC 28805

Turn-key investment or home for your business! Remodeled and expanded with 2 story addition, this property is perfect for a brew pub or neighborhood-oriented eatery. Located a block off Tunnel Rd east., only 0.8 miles from interstate I-240 and 26,000 VPD at junction of Tunnel Rd. and New Haw Creek Rd. The property has a huge outdoor space for seating, high-end finishes, reception/foyer at front entrance, XL kitchen, large hood system and prep area, dry storage, walk-in coolers, spacious dining room with vaulted ceilings, and separate bar area with bar and table seating. Upper level has 3 private offices, meeting room with fire separation from lower level - (potential for two tenants). Paved parking includes 44 spaces plus 2 handicap parking spaces and additional off site parking for staff. Offered at a 7.8% cap rate with a "percentage rent" lease. Contact listing broker for showings; do not disturb tenant.

Property Taxes

Property Taxes

Parcel Number
9658-47-7249-00000
Land Assessment
$75,200
Improvements Assessment
$707,200
Total Assessment
$782,400
  • Listing ID: 18816876

  • Date on Market: 3/10/2020

  • Last Updated:

  • Address: 184 New Haw Creek Rd, Asheville, NC 28805

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