Former Department Store at Asheville Mall

7 S Tunnel Rd, Asheville, NC 28805

  • For Sale $5,100,000
  • Property Type Retail - Regional Mall
  • Property Size 130,500 SF
  • Lot Size 6.24 Acre
  • Building Class C
  • Year Built 1989
  • Date Updated Jun 18, 2025
Situated in the heart of Asheville's busiest retail corridor, with direct exposure to over 102,000 vehicles per day and immediate access to I-240 and US-70. The box is adjoined to the he Asheville Mall, the largest mall in Western North Carolina. The Mall has been a major retail destination in WNC for the past 50 years, with the closest competing indoor mall being located over 100 miles away. The Mall serves regular foot traffic not only from the Asheville MSA and booming tourist population, but also 15 surrounding counties whose residents visit the area for shopping and healthcare needs. The site is also surrounded by prominent national retailers such as Whole Foods, Target, Best Buy, Lowe’s, and Home Depot.Asheville Mall is a prominent shopping destination in the area conveniently located off I-240 on Tunnel Road, making it easily accessible from different parts of the city and beyond. Close to several other attractions such as the Biltmore Estate, downtown Asheville's historic district, and the Blue Ridge Parkway, making it a central spot for shopping and dining.The mall features major department stores such as Belk and Dillard's, along with over 100 specialty shops. Zoning: Urban Place Form Code District as part of the Urban Centers initiative to promote transit-supportive growth and development. DPA is pleased to present this listing in partnership with SRS Real Estate Partners.
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Highlights

  • ±130,500 SF retail box available
  • 6.24 Acres
  • Adjoining the Asheville Mall, busiest mall in Western NC

Contacts

broker

Dewey Property Advisors

Location

Getting Around

  • Walk Score ®

    33/100 Car-Dependent
  • Transit Score ®

    29/100 Some Transit
  • Bike Score ®

    22/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Asheville, NC
  • Neighborhood Kenilworth
  • Zip Code 28805
  • Market Asheville

Points of Interest

  • Shell

    0.72 miles

  • Gas Express

    1.27 miles

  • Enmark

    1.34 miles

  • Citgo

    1.48 miles

  • Greenlots

    1.68 miles

  • Exxon

    2.00 miles

  • Speedway

    2.08 miles

  • Ingles Gas Express

    2.30 miles

  • Tesla Supercharger

    5.43 miles

  • EVgo

    6.76 miles

  • Haw Creek Park Parking lot

    1.51 miles

  • Biltmore Avenue Parking Garage

    1.65 miles

  • Simpson Parking

    1.66 miles

  • Ironwood Parking Garage

    1.73 miles

  • Sears Alley Public Parking Deck

    1.84 miles

  • Rankin Avenue Garage

    1.89 miles

  • Civic Center Garage

    1.95 miles

  • Wall Street Garage

    1.96 miles

  • Shuttle Lot E

    2.38 miles

  • Shuttle Lot D

    2.41 miles

  • Wild Wok

    0.25 miles

  • Chick-fil-A

    0.30 miles

  • Blaze Pizza

    0.33 miles

  • Cicis

    0.39 miles

  • India Garden

    0.39 miles

  • Chili's

    0.41 miles

  • Panera Bread

    0.41 miles

  • Ole's Guacamole

    0.42 miles

  • Papas and Beer

    0.42 miles

  • Cook Out

    0.42 miles

  • JCPenney

    0.03 miles

  • Asheville Mall

    0.10 miles

  • Belk

    0.15 miles

  • Dillard's

    0.20 miles

  • Whole Foods Market

    0.35 miles

  • TJ Maxx

    0.37 miles

  • Ross

    0.37 miles

  • Target

    0.46 miles

  • Walmart Supercenter

    0.62 miles

  • Kohl's

    0.84 miles

Frequently Asked Questions

How much does Former Department Store at Asheville Mall cost?

The space currently listed for sale at Former Department Store at Asheville Mall asks for $5,100,000.

What is the total square footage of Former Department Store at Asheville Mall?

Former Department Store at Asheville Mall totals 130,500 square feet.

When was this property built?

Former Department Store at Asheville Mall was built in 1989.

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Contact Listing Broker
broker

Dewey Property Advisors

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