1297 Tunnel Road Asheville, NC $ 750,000
1297 Tunnel Road
$ 750,000
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1297 Tunnel Road

Asheville, NC, 28805
$ 750,000
Bedrooms-- Baths--

Monthly Estimate*

$ 5,180

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Commercial Property for sale in Asheville, NC

for $750,000. This building was built in 1985 on a lot size of 0.73.

Prime retail available for sale or lease at 1297 Tunnel Road in East Asheville, offering excellent visibility and direct frontage along one of the area’s busiest commercial corridors. This highly accessible site provides strong daily traffic counts and convenient connectivity to both Interstate 240 and Interstate 40, placing it just minutes from Downtown Asheville. Positioned within Asheville’s primary retail trade area near Asheville Mall, the site benefits from strong co-tenancy with national retailers, restaurants, and surrounding residential density. Ideal for a bank, quick-service restaurant, medical retail, or service-oriented user, this pad offers a rare opportunity to establish a presence along the high-traffic Tunnel Road corridor with flexible sale or ground lease options. *Though the property is not located in the flood zone, there was significant flooding from Helene. Internal work needs to be done.

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Commercial Active

Price

$ 750,000

Property Type

Commercial

Taxes

$ 0

Style

Retail

Lot Size

0.73

Year Built

1985

Town/City

Asheville

County/Region

Buncombe

MLS | Web ID

4360564

Features
General
Zoning HB
Exclusions TBD
Year Built 1985
Property Subtype Retail
Parcel Number 9668850518
County Buncombe
New Construction N
Property Type Commercial Sale
HOA N
Directions Located at 1297 Tunnel Road in East Asheville this commercial land opportunity sits along one of the city’s most active retail and commuter corridors. Tunnel Road (US-70) is a major four-lane arteria
City Asheville
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Additional Parcels Y/N N
Lease Considered Y/N Y
Standard Status Active
Construction Type Site Built
Restrictions Other - See Remarks
Tax Assessed Value 680000
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Exterior
Inclusions Building
Lot Size Area 0.73
Road Surface Type Paved
Road Responsibility Publicly Maintained Road
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Interior
Basement (Y/N) N
Below Grade Finished Area 0
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Internal Only
Street Number 1 1297
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* Excluded Features
List By
Dewey Property Advisors

Broker

Affordability Calculator

$5,180
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,180
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
294628 Elementary School
294724 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/23/2026$750,000 Listed Price

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1297 Tunnel Road, Asheville, NC, 28805 is a Commercial Property for sale at $750,000 with a lot size of 0.73. 1297 Tunnel Road was built in 1985. The property's zip code is 28805 which is in Asheville, NC