58 Broadway St - Storefront Retail/Residential FOR SALE


Asheville, NC 28801- Downtown Asheville
$1,325,000 USD
828-450-4349
58 Broadway St, Asheville, NC for Sale
$1,325,000 USD
Storefront Retail/Residential - FOR SALE
1/45
null | Request Cap Rate

Jan '26


58 Broadway St
Asheville, NC 28801
Downtown Asheville


HIGHLIGHTS

  • Downtown Asheville mixed-use property with strong investment potential
  • 3,531 SF finished mixed-use space + 1,697 SF unfinished basement
  • First floor: ~400 SF commercial storefront with mini-split HVAC & private bath, plus 2 apartment units
  • Second floor: 3 one-bath apartments with electric heat, range, and refrigerator (no central AC)
  • Easy interstate access: Less than 1 mile to I-240 (Exit 1B / Brevard Rd), minutes to I-26/I-240 interchange
  • Ideal for owner-user, rental investor, or owner-operator seeking downtown exposure and connectivity

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,325,000 USD

PRICE/SF

$375 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

CBD

APN/PARCEL ID

9649-41-2253-00000

ASK ABOUT THIS PROPERTY

Darrell MetcalfLikewise Commercial Real EstateMore Info
828-450-4349

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Darrell MetcalfLikewise Commercial Real EstateMore Info
828-450-4349

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