Description
Fully leased, mixed-use historic asset located in the heart of downtown Asheville, NC, offering a stabilized and diversified income stream. Positioned steps away from Pack Square in between the AC Marriott and The Kimpton Arras Hotel. Built in 1920 and updated in 2024, the property at 9–13 Broadway Street features three ground-level retail spaces, including a restaurant, and two fully furnished residential units (1BR/1.5BA and 1BR/1BA). The asset is 100% occupied with stable tenants and renewal options in place, providing predictable cash flow and long-term income security. Positioned in Asheville’s high-traffic, tourism-driven urban core and surrounded by strong hospitality and retail development, this investment offers multiple revenue streams and a balanced income profile in the heart of downtown Asheville. (Sale includes 2 buildings: PIN 13 Broadway – 964940261500000 and PIN 9 Broadway – 964940261200000. (No showings until after April 13th)
Address
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Address: 9-13 Broadway Street
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City: Asheville
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State/county: NC
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Zip/Postal Code: 28801
Details
Updated on April 10, 2026 at 1:02 pm-
Property ID 4366331
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Price $3,500,000
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Property Size 6276 m²
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Year Built 1927
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Property Type Retail, Commercial Sale
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Property Status Active, For Sale
Additional details
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Listing Terms Cash, Conventional
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Roof Flat, Rubber
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Utilities Cable Available, Electricity Connected, Natural Gas
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Sewer Public Sewer
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Cooling Heat Pump
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Heating Heat Pump
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Flooring Tile
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County Buncombe
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Property Type Commercial Sale
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
Contact Information
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