149 New Leicester Highway Asheville, NC $ 1,490,000
149 New Leicester Highway
$ 1,490,000
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149 New Leicester Highway

Asheville, NC, 28806
$ 1,490,000
Bedrooms-- Baths3.0 Sq 6,740

Monthly Estimate*

$ 10,291

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Commercial Property for sale in Asheville, NC

for $1,490,000 with 3 full baths. This 6,740 square foot building was built in 2012 on a lot size of 1.76.

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 6.39% CAP Rate. Situated on 1.76 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.

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Commercial Active

Price

$ 1,490,000

Full Bath

3

Property Type

Commercial

Taxes

$ 0

Style

Office

Lot Size

1.76

Year Built

2012

Town/City

Asheville

County/Region

Buncombe

MLS | Web ID

4389474

Features
General
Sewer Public Sewer
Heating Central Ductless Heat Pump Natural Gas Zoned
Cooling Ceiling Fan(s) Central Air Ductless Heat Pump Zoned
Utilities Electricity Connected Natural Gas Solar Wired Internet Available Other - See Remarks
Roof Metal
Appliances Refrigerator
Development Status Completed
Zoning HB
Pool Features In Ground Indoor
Security Features Security System Smoke Detector(s)
Construction Materials Fiber Cement Hardboard Siding
Exclusions Tenant's equipment
Year Built 2012
Stories Count 1
Property Subtype Office
Parcel Number 962970624400000
Elevation 2000
Accessibility Handicap Parking Mobility Friendly Flooring
County Buncombe
New Construction N
Property Type Commercial Sale
HOA N
Possible Use Commercial
Building Features Receptions Room
Green Sustainability Photovoltaic - Solar Power Spray Foam Insulation
City Asheville
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Virtual Tour https://singlepointmedia.hd.pics/149-New-Leicester-Hwy https://singlepointmedia.hd.pics/149-New-Leicester-Hwy
Standard Status Active
Construction Type Site Built
Restrictions No Representation Other - See Remarks
Tax Assessed Value 749100
Listing Terms Cash Conventional
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Interior
Flooring Carpet Laminate Vinyl
Basement (Y/N) N
Window Features Display Window(s) Window Treatments
Below Grade Finished Area 0
Total Baths 3
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Exterior
Fencing Chain Link
Parking Features Parking Lot Parking Space(s) Shared Driveway
Lot Features Level Paved
Water Source City
Total Parking 49
Inclusions Building Land
Lot Size Area 1.76
Foundation Details Slab
Number of Buildings 1
Building Area Total 6740
Road Surface Type Paved
Other Parking 49 total parking spaces including ADA.
Road Frontage Type Highway
Other Equipment Other - See Remarks
Road Responsibility Publicly Maintained Road
Road Frontage 345
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Internal Only
Street Number 1 149
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* Excluded Features
List By
Likewise Commercial Real Estate

Broker

Affordability Calculator

$10,291
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,291
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
10/7/2026$1,490,000 -6.29% Price Down
7/23/2026$1,590,000 -5.92% Price Down
6/8/2026$1,690,000 Listed Price

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149 New Leicester Highway, Asheville, NC, 28806 is a Commercial Property for sale at $1,490,000 with 6,740 sqft and a lot size of 1.76. 149 New Leicester Highway has 3.0 baths and was built in 2012. The property's zip code is 28806 which is in Asheville, NC