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$1,690,000
3 ba
149 New Leicester Highway
Asheville, NC 28806
Property Type
Commercial Sale
Year Built
2012
Lot Size
1.78 acres
Garage
—
About This Property
Attractive investment opportunity along one of West Asheville's primary commercial corridors. This 6,740 SF purpose-built facility was designed for a full-service physical therapy practice and offers a highly functional layout adaptable to a variety of medical, wellness, professional office, or service-oriented users. The property is currently leased to a successful, regional physical therapy and sports medicine practice, providing stable cash flow for an investor at a 6% CAP Rate. Situated on 1.78 Acres, zoned HB (Highway Business) and featuring 346 feet of road frontage, this site provides outstanding visibility, signage and convenient access for the community, ensuring success for the Tenant-occupant. Ideally located just minutes from downtown Asheville, the property enjoys quick access to I-240 (approximately 3 miles), I-26 (approximately 4 miles), and I-40 (approximately 6 miles), allowing seamless connectivity throughout Western North Carolina. This well-maintained asset presents an excellent investment opportunity in a growing commercial market.
Property Details
Interior
- Bathrooms
- 3
- Stories
- 1
Exterior & Lot
- Lot Size
- 1.78 acres
- Year Built
- 2012
Location
- County
- Buncombe
- ZIP Code
- 28806
Financial
- Listing Terms
- Cash, Conventional
Utilities
- Utilities
- Electricity Connected, Natural Gas, Solar, Wired Internet Available, Other - See Remarks
- Sewer
- Public Sewer
Schools
Appliances
Refrigerator
Heating
Central, Ductless, Heat Pump, Natural Gas, Zoned
Cooling
Ceiling Fan(s), Central Air, Ductless, Heat Pump, Zoned
Lot Features
Level, Paved
Location
Listing Information
- MLS #
- CAR4389474
- Listing Agent
- Jessica Auge
- Listing Office
- Likewise Commercial Real Estate
- Listed Date
- Jun 8, 2026
Contact Susan Young About This Property
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