645 & 647 Haywood Road
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$750,000
Community: Asheville in Buncombe County
Positioned in the heart of Asheville’s most sought-after corridor, this 2,250 SF commercial investment opportunity sits along the highly desirable Haywood Road in the vibrant West Asheville. Known for its strong daily traffic counts, pedestrian-friendly design, and eclectic mix of retail, dining, and lifestyle businesses, this location offers unmatched visibility and long-term growth potential. Freshly renovated and upfit in 2024 The property is fully leased with two strong, complementary tenants: Potential New Boyfriend, a popular vinyl and dessert bar concept, and Franny’s Farmacy, a well-established boutique CBD/THC retailer featuring a beautifully curated outdoor patio and garden lounge with on-site consumption. Additional highlights include a shared adjoining parking lot, dedicated employee parking at the rear, and a fenced-in outdoor area enhancing tenant and customer experience. Current gross annual income is $54,000 with approximately four years remaining on existing leases plus renewal options and built-in 3% annual rent escalations—providing immediate cash flow with steady upside. Opportunities to acquire stabilized assets in this high-demand Haywood Road corridor are exceptionally rare, making this an ideal long-term hold for investors seeking both security and appreciation in one of Asheville’s most dynamic submarkets.
Presented by:
Dean Pistor at Trailblazer Realty LLC
Listed by:
Trailblazer Realty LLC
Attribution: [email protected]
Dean Pistor at Trailblazer Realty LLC
Listed by:
Trailblazer Realty LLC
Attribution: [email protected]
Original Listing Price:
750,000
MLS #: 4375681
Listing Status: Active
Days on Market: 53
Buying Firm Commission: Test
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Property Features
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Basement/Foundation: Slab
Year Built: 1954
Roof: Rubber
Lot Description: Infill Lot
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