Log In/Sign Up
Your email has been sent.
58 Broadway St 3,531 SF Vacant Retail Building Asheville, NC 28801 $1,100,000 ($311.53/SF)
Investment Highlights
- Downtown Asheville mixed-use property with strong investment potential
- First floor: ~400 SF commercial storefront with mini-split HVAC & private bath, plus 2 apartment units
- Zoned CBD, with city water and sewer
- 3,531 SF finished mixed-use space + 1,697 SF unfinished basement
- Second floor: 3 one-bath apartments with electric heat, range, and refrigerator (no central AC)
- High-traffic location: ~10,000 VPD on Broadway St
Executive Summary
Excellent downtown Asheville investment: 58 Broadway St offers 3,531 SF of finished mixed-use space plus a 1,697 SF unfinished basement. The first floor includes a ~400 SF commercial storefront (with mini-split HVAC and its own bathroom) flanked by two apartment units; the second floor houses three additional one-bath apartments, each outfitted with electric heat, electric range, and refrigerator (no central AC). The building is zoned CBD and serviced by city water and sewer. Strategically located on Broadway Street, which sees approximately 10,000 vehicles per day, the property sits just under a mile from I-240 (Exit 1B / Brevard Rd) and within minutes of the I-26/I-240 interchange, offering seamless access to the region’s interstate network. From this address, residents and tenants can walk to dozens of downtown shops, restaurants, and cultural venues, while vehicles can reach Patton Avenue and Charlotte Street in moments. This property is ideal for an owner-user, rental investor, or owner-operator seeking excellent downtown exposure and connectivity.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,531 SF
Building Class
B
Year Built
1925
Price
$1,100,000
Price Per SF
$311.53
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.62
Lot Size
0.05 AC
Zoning
CBD - Central Business District
Frontage
25’ on Broadway St
Amenities
- 24 Hour Access
- Storage Space
- Air Conditioning
Very walkable
80/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 9649-41-2253-00000 | Improvements Assessment | $285,300 |
| Land Assessment | $315,800 | Total Assessment | $601,100 |
Property Taxes
Parcel Number
9649-41-2253-00000
Land Assessment
$315,800
Improvements Assessment
$285,300
Total Assessment
$601,100
1 of 65
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
58 Broadway St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.