149 New Leicester Highway
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$1,590,000
Community: Asheville in Buncombe County
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.
Presented by:
Jessica Auge at Likewise Commercial Real Estate
Listed by:
Likewise Commercial Real Estate
Attribution: [email protected]
Jessica Auge at Likewise Commercial Real Estate
Listed by:
Likewise Commercial Real Estate
Attribution: [email protected]
Original Listing Price:
1,690,000
MLS #: 4389474
Listing Status: Active
Days on Market: 46
Buying Firm Commission: Test
Based on information submitted to the MLS GRID as of 2026-07-24 at 11:45PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Property Features
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Basement/Foundation: Slab
Water: City
Year Built: 2012
Roof: Metal
Lot Description: Level,Paved
Sewer: Public Sewer
Floors: Carpet,Laminate,Vinyl
Garage/Carport: Parking Lot,Parking Space(s),Shared Driveway
Heating/Cooling: Central,Ductless,Heat Pump,Natural Gas,Zoned
Cooling: Ceiling Fan(s),Central Air,Ductless,Heat Pump,Zoned
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