38 & 40 Biltmore Avenue, Asheville, NC 28801

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Listing courtesy of Likewise Commercial Real Estate. carla@likewisecommercial.com

List Price
$5,995,000
MLS#
4429116
Status
ACTIVE
Days on Market
0
Property Type
Commercial Sale
Year Built
1925
Bathrooms
4
Lot Size
8,712
Lot Size Area
0.2
County
Buncombe
Special Conditions
None

Property Description

This landmark historic commercial property in the heart of Downtown Asheville presents a rare opportunity to acquire a fully leased, architecturally distinctive asset with a long-standing, reputable tenant history. The property offers approximately ±24,368 SF on ±0.20 acres of thoughtfully designed, light-filled space across three floors. Zoned CBD, fully sprinklered and featuring a freight elevator, the building has a functional layout for a variety of commercial uses and potential for development of additional rentable SF in the lower level. The property has been home for more than three decades to Blue Spiral 1, one of the South’s largest and most renowned art galleries. Located along Biltmore Avenue within Asheville’s vibrant and walkable downtown core, the property offers convenient access to major thoroughfares, with I-240 approximately 1 mile away and I-40 approximately 3 miles away, providing connectivity to I-26, US 25, US 70, and other regional routes.

Additional Information

Floor Coverings
Carpet, Concrete, Tile, Wood
Equipment
Dishwasher, Refrigerator
Heating
Electric, Heat Pump, Natural Gas
Water
City
Sewer
Public Sewer
Driveway
Paved
Lot Description
Level, Paved
Zoning
CBD

Mortgage Calculator

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Calculator source: Real Geeks

“ Based on information submitted to the MLS GRID as of . 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. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”

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