Located just off I-40 at Exit 51 along highly traveled Sweeten Creek Road, this mixed-use commercial property presents a compelling investment opportunity in one of South Asheville's most active growth corridors. With exposure to approximately 30,000 vehicles per day, the site benefits from strong visibility, consistent traffic patterns, and proximity to key employment and distribution hubs. The property is anchored by a fully built-out ground-level retail space currently operating as a coffee shop, offering flexibility for a variety of commercial uses, including food and beverage, office, or service-oriented concepts. The existing improvements, equipment, furnishings, and fixtures provide a turnkey foundation that can be leveraged or repositioned depending on an investor's vision. Above, a separately accessed 2BR/1BA residential unit introduces a valuable income-producing component, currently utilized as a short-term rental. This upper-level space enhances the asset's mixed-use appeal, offering the potential for continued rental income, long-term tenancy, or live/work functionality. Additional site features include approximately 25 dedicated parking spaces and an on-site billboard generating supplemental revenue, further strengthening the property's diversified income profile. Its strategic location near Biltmore Village, major transportation routes, and regional employers supports both current performance and future upside. An exceptional opportunity for investors seeking a flexible mixed-use asset with multiple income streams, strong fundamentals, and long-term positioning in the South Asheville market.
Property Type(s):
Commercial
|
Year Built
|
1983
|
County
|
Buncombe
|
Additional Details
| AIR |
Heat Pump |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Bar Fridge, Dishwasher, Electric Range, Microwave, Oven, Plumbed For Ice Maker, Refrigerator, Washer/Dryer |
| HEAT |
Heat Pump |
| LOT |
0.33 acre(s) |
| LOT DESCRIPTION |
Corner Lot, Level |
| LOT DIMENSIONS |
0.33 |
| MLS STATUS |
Active |
| PARKING |
Parking Lot |
| SEWER |
Public Sewer |
| STORIES |
2 |
| UTILITIES |
Natural Gas Available, Electricity Connected |
Location
Listed with Premier Sotheby’s International Realty
Date last updated: 4/1/26 5:54 AM PDT
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