396 New Leicester Hwy - Office FOR SALE


Asheville, NC 28806- West Asheville
$795,000 USD
828-424-1141
396 New Leicester Hwy, Asheville, NC for Sale
$795,000 USD
Office - FOR SALE
1/20
null | Request Cap Rate

396 New Leicester Hwy
Asheville, NC 28806
West Asheville


HIGHLIGHTS

  • ±2,544 SF freestanding commercial building
  • Prime frontage along New Leicester Highway (NC-63)
  • High daily traffic counts (20,000–33,000 VPD)
  • ±4 miles to downtown Asheville
  • Strong “drive-home” commuter visibility
  • Population exceeding 99,000 within a 5-mile radius

OVERVIEW

Positioned along the highly traveled New Leicester Highway (NC-63), 396 New Leicester Highway presents an excellent opportunity to acquire a well-located commercial asset in one of West Asheville’s most active growth corridors. This 2,544 SF building benefits from outstanding visibility and accessibility along a primary commuter route connecting the rapidly expanding Leicester community to Asheville. Located just ±4 miles northwest of Asheville’s vibrant downtown, the property enjoys strong daily traffic counts estimated between 20,000 and 33,000 vehicles per day, delivering consistent “drive-home” exposure ideal for a wide range of commercial uses. The surrounding corridor is characterized by a dynamic mix of neighborhood retail, dining, and service-oriented businesses, making it a proven destination for both local residents and commuters. The property is supported by a robust and growing customer base, with over 99,000 residents within a 5-mile radius and continued population growth projected in the coming years. This combination of strong demographics, high visibility, and strategic location makes the site well-suited for owner-users, investors, or businesses seeking to establish or expand their presence in the West Asheville market.

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$313 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

396 New Leicester HWY

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CBII

APN/PARCEL ID

9629-24-4778-00000

ASK ABOUT THIS PROPERTY

Tim BramleyDewey Property AdvisorsMore Info
828-424-1141

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Tim BramleyDewey Property AdvisorsMore Info
828-424-1141

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.