Historic and Iconic Investment Property in Biltmore Village

28 Hendersonville Road, Asheville, NC 28801

  • For Sale $4,200,000
  • Property Type Retail - Freestanding
  • Property Size 9,790 SF
  • Lot Size 0.36 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1925
  • Year Renovated 2021
  • Date Updated Feb 19, 2024
Nestled in the mountains of western North Carolina, the charm and history behind Asheville's Biltmore Village is no secret. It is one of the largest and most visited historic districts in the state and draws around 3 million visitors each year. Biltmore Village was originally modeled after a small English village, and still resembles its unique qualities today. The building at 28-32 Hendersonville Road is located in the center of Biltmore Village, just steps from the Biltmore Estate entrance and the Village shopping district. High-end retailers, restaurants, entertainment and lodging surround the property.Rare opportunity to own a historic trophy asset in Biltmore Village! Located 500 feet from the entrance to the Biltmore Estate, 28-32 Hendersonville Road includes 9,790 square feet of mixed-use commercial space and an adjacent lot. The main level (5,790 square feet) is home to a successful upscale restaurant. The upper level (4,000 square feet) includes 14 private rooms with high ceilings and natural light, shared lounge with kitchenette, and multiple restrooms. Each private room is currently leased as professional office space, however a conversion to lodging is possible. The adjacent parking lot includes 16 parking spaces. 8 additional parking spaces are located to the north of the building. The property is fully-leased and maintains a solid rental history.

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Attachments

Highlights

  • Historic Building in the heart of Biltmore Village adjacent to Biltmore Estate entrance gates
  • High Traffic Counts on US-25 (Hendersonville Rd): 30,000 VPD
  • Year-Round Tourist Destination
  • Strong local and national neighboring retailers
  • Surrounded by hotels and minutes from Downtown Asheville

Contacts

broker

Tim Bramley

Dewey Property Advisors

(828) 548-0090

Location

Getting Around

  • Walk Score ®

    69/100 Somewhat Walkable
  • Transit Score ®

    33/100 Some Transit
  • Bike Score ®

    52/100 Bikeable
Powered by Walk Score ®
  • City Asheville, NC
  • Neighborhood Biltmore Village
  • Zip Code 28801
  • Market Asheville

Points of Interest

  • Shell

    0.44 miles

  • Exxon

    1.35 miles

  • Speedway

    1.36 miles

  • Citgo

    1.45 miles

  • Shell

    1.66 miles

  • Greenlots

    1.80 miles

  • ChargePoint

    1.84 miles

  • Greenlots

    1.84 miles

  • Gas Express

    2.04 miles

  • BJ's Food Mart

    2.11 miles

  • Simpson Parking

    0.65 miles

  • Lioncrest

    1.47 miles

  • Biltmore Avenue Parking Garage

    1.77 miles

  • Parking Lot B

    1.79 miles

  • Sears Alley Public Parking Deck

    1.89 miles

  • Wall Street Garage

    2.00 miles

  • Rankin Avenue Garage

    2.02 miles

  • Civic Center Garage

    2.10 miles

  • Haw Creek Park Parking lot

    2.69 miles

  • Parking Garage

    3.55 miles

  • Rezaz Mediterranean Cuisibe

    0.01 miles

  • McDonald's

    0.05 miles

  • Jimmy John's

    0.06 miles

  • Moe's Southwest Grill

    0.06 miles

  • Ichiban

    0.07 miles

  • Village Wayside Bar & Grille

    0.07 miles

  • The Cantina At Historic Biltmore Village

    0.10 miles

  • Hardee's

    0.11 miles

  • Asaka

    0.11 miles

  • Zoës Kitchen

    0.11 miles

  • Katuah Market

    0.06 miles

  • JCPenney

    1.21 miles

  • Target

    1.27 miles

  • Asheville Mall

    1.28 miles

  • Dillard's

    1.33 miles

  • Belk

    1.33 miles

  • Ross

    1.52 miles

  • Five Below

    1.54 miles

  • Whole Foods Market

    1.54 miles

  • Party City

    1.55 miles

Frequently Asked Questions

What is the lease rate for Historic and Iconic Investment Property in Biltmore Village?

Rental asking rate at Historic and Iconic Investment Property in Biltmore Village is $2,100,000.00/YR.

What is the total square footage of Historic and Iconic Investment Property in Biltmore Village?

Historic and Iconic Investment Property in Biltmore Village totals 9,790 square feet.

When was this property built?

Historic and Iconic Investment Property in Biltmore Village was built in 1925.

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Contact Listing Broker

broker

Tim Bramley

Dewey Property Advisors

(828) 548-0090