9 Fallen Spruce Drive Asheville, NC 28806 -- MLS# 4388863

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9 Fallen Spruce Drive
Asheville, NC 28806
13 days ago
REDUCED
$1,650,000
Active
6
Baths
7,737
Sqft
2004
Yr. Built
MLS# 4388863
Cumulative Days on Market: 102 · Includes prior listings · Currently listed since 06/04/26 · Data provided by the MLS.

Property Description

Six-unit well-maintained neighborhood center in a highly accessible north-west Asheville location. Long-term tenants in place, with one current vacancy, offering immediate value-add potential and stable cash flow. All tenants are operating under NNN leases. Conveniently located just off New Leicester Highway. Surrounded by a strong mix of residential and commercial development, nearby businesses, and numerous service-oriented retailers and professional offices that support the area's growing population. This is an excellent opportunity for investors seeking a multi-tenant asset with in-place income and upside through lease-up of the remaining vacancy. Please see the brochure for further financial information. Please do not disturb tenants - contact the listing broker for showings.

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Property Highlights

Property Type
Commercial Sale
Property Sub Type
Retail
Total Bathrooms
6
Year Built
2004
Cumulative Days On Market
90

Location

City/Township
Asheville
County
Buncombe
Zoning
CS

Property Details

Price
$1,650,000
Property Type
Commercial Sale
Property Sub Type
Retail

Building

Total Area
7,737

Interior Features

Bedrooms and Bathrooms

Total Bathrooms
6

Area and Spaces

Number of Units
6

Interior Features

Flooring
Bamboo, Hardwood, Tile, Vinyl
Window Features
Display Window(s)

Heating and Cooling

Heating Features
Central, Electric

Building Details

Construction

Year Built
2004

Terms

Terms

Inclusions
Building, Land
Exclusions
Tenant FFE excluded
Special Conditions
None
Special Terms
Cash, Conventional
Cumulative Days On Market
90

Taxes

Tax

Tax Assessed Value
755300.00

Heating, Cooling & Utilities

Cooling Features
Electric

Utilities

Utilities
Electricity Connected
Sewer
Public Sewer
Water Source
City

Lot

Lot Size
0.50
Lot Features
Open Lot, Paved
Road Surface
Paved

Parking

Parking Features
Parking Lot, Parking Space(s)
Listed by Likewise Commercial Real Estate, carla@likewisecommercial.com
Listing Data last updated 09/21/2026 04:40 am
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Property History

3 days ago
Property information last updated
13 days ago
Date of last price change
108 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 102 days (includes prior listings) · Currently listed since June 4, 2026. Data provided by the MLS.

Similar Properties
9 Fallen Spruce Drive - MLS#4388863 - $1,650,000
Listed by Likewise Commercial Real Estate, Carla Barnard