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58 Broadway St 3,531 SF 100% Leased Retail Building Asheville, NC 28801 $1,832,992 CAD ($519.11 CAD/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
- Easy interstate access: Less than 1 mile to I-240 (Exit 1B / Brevard Rd), minutes to I-26/I-240 interchange
- 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)
- Ideal for owner-user, rental investor, or owner-operator seeking downtown exposure and connectivity
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.
Please contact the Listing Broker, Darrell Metcalf, for all showing requests. 24 hour notice is required for all showings.
Please contact the Listing Broker, Darrell Metcalf, for all showing requests. 24 hour notice is required for all showings.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,531 SF
Building Class
B
Year Built
1925
Price
$1,832,992 CAD
Price Per SF
$519.11 CAD
Percent Leased
100%
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
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 9649-41-2253-00000 | Improvements Assessment | $394,681 CAD |
| Land Assessment | $436,875 CAD | Total Assessment | $831,556 CAD |
PROPERTY TAXES
Parcel Number
9649-41-2253-00000
Land Assessment
$436,875 CAD
Improvements Assessment
$394,681 CAD
Total Assessment
$831,556 CAD
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58 Broadway St
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