REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Teresa Richardson

trichardsonrealtor@gmail.com +1(980) 322-4060

$5,995,000

Est. payment - /mo

4 Baths

8,712 Sqft Lot

Save Virtual Tour

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4429116

Year Built 1925

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Retail

Property Description

This landmark historic commercial property in the heart of Downtown Asheville presents a rare opportunity to acquire a fully leased, architecturally distinctive asset with a long-standing, reputable tenant history. The property offers approximately ±24,368 SF on ±0.20 acres of thoughtfully designed, light-filled space across three floors. Zoned CBD, fully sprinklered and featuring a freight elevator, the building has a functional layout for a variety of commercial uses and potential for development of additional rentable SF in the lower level. The property has been home for more than three decades to Blue Spiral 1, one of the South's largest and most renowned art galleries. Located along Biltmore Avenue within Asheville's vibrant and walkable downtown core, the property offers convenient access to major thoroughfares, with I-240 approximately 1 mile away and I-40 approximately 3 miles away, providing connectivity to I-26, US 25, US 70, and other regional routes.

Location

State NC

County Buncombe

Zoning CBD

Rooms

Basement Exterior Entry, Interior Entry, Storage Space, Walk-Out Access, Walk-Up Access

Interior

Heating Electric, Heat Pump, Natural Gas

Cooling Electric, Heat Pump

Flooring Carpet, Concrete, Tile, Wood

Inclusions Building, Land

Appliance Dishwasher, Refrigerator

Exterior

Utilities Available Electricity Connected

View City

Street Surface Paved

Accessibility Mobility Friendly Flooring

Building

Lot Description Level, Paved

Dwelling Type Site Built

Sewer Public Sewer

Water City

New Construction false

Others

Senior Community false

Restrictions Other - See Remarks

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://singlepointmedia.hd.pics/38-40-Biltmore-Ave

Read Less Info

Listed by Carla Barnard • Likewise Commercial Real Estate • carla@likewisecommercial.com

38 & 40 Biltmore AVE Asheville, NC 28801