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3 Baths
6,740 sqft

$1,490,000

149 New Leicester Highway, Asheville NC, 28806

Price per sqft$221.07
Built in2012
Property size6,740 sqft
Property typeCommercial
Courtesy of Likewise Commercial Real Estate, Jessica Auge Listing Contact: [email protected]

Overview

Active

Listed Jun 8, 2026

Updated 28h ago

Attractive investment opportunity along one of West Asheville's primary commercial corridors. This 6,740 SF purpose-built facility was designed for a full-service physical therapy practice and offers a highly functional layout adaptable to a variety of medical, wellness, professional office, or service-oriented users. The property is currently leased to a successful, regional physical therapy and sports medicine practice, providing stable cash flow for an investor at a 6.39% CAP Rate. Situated on 1.76 Acres, zoned HB (Highway Business) and featuring 346 feet of road frontage, this site provides outstanding visibility, signage, and convenient access for the community, ensuring success for the Tenant-occupant. Ideally located just minutes from downtown Asheville, the property enjoys quick access to I-240 (approximately 3 miles), I-26 (approximately 4 miles), and I-40 (approximately 6 miles), allowing seamless connectivity throughout Western North Carolina. This well-maintained asset presents an excellent investment opportunity in a growing commercial market.

Additional information

MLS® ID
4389474

Interior Features

Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.76 Acres

Other Property Details

55+/Senior Community
No

Listings courtesy of Canopy MLS as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 6:05 AM UTC on 10/10/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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