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149 New Leicester Highway , Asheville, NC 28806

$1,690,000

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MLS#4389474

STATUSActive PROPERTY TYPECommercial - Office

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Property Description

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% CAP Rate. Situated on 1.78 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.

149 New Leicester Highway | MLS# 4389474

This commercial property located at 149 New Leicester Highway , Asheville, NC 28806 is currently listed for sale with an asking price of $1,690,000. Search Asheville real estate on debih.lakenormanrealty.com today.

Property Features

Property Type: Commercial - Office

Fenced: Yes

Heating: Central, Ductless, Heat Pump, Natural Gas, Zoned

Lot Size: 1.78 Acres

Roof Type: Metal

Year Built: 2012

Feature Descriptions

Accessibility Features: Handicap Parking, Mobility Friendly Flooring

Appliances: Refrigerator

Building Features: Receptions Room

Exterior: Fiber Cement, Hardboard Siding

Flood Plain: No

Flooring: Carpet, Laminate, Vinyl

Foundation: Slab

Lot: Level, Paved

Other Equipment: Other - See Remarks

Other Parking: 49 total parking spaces, including ADA.

Parcel#: 9629-70-5266-00000

Parking: Parking Lot, Parking Space(s), Shared Driveway

Security: yes

Security: Security System, Smoke Detector(s)

Sewer: Public Sewer

Swimming Pool: In Ground, Indoor

Swimming Pool: Yes

Utilities: Electricity Connected, Natural Gas, Solar, Wired Internet Available, Other - See Remarks

Water: City

Window Features: Display Window(s), Window Treatments

Listed By / Shown By

Listed By

Agency Name: Likewise Commercial Real Estate
Agency Contact: jess@likewisecommercial.com

Shown By

Agent Name: Debi Hepfer
Agent Phone: Cell: (704) 905-1100
Agency Title: Lake Norman Realty

149 New Leicester Highway , Asheville, NC 28806

$1,690,000

SAVE TOUR PROPERTY

Contact Debi

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/08/2026. The listing information on this page last changed on 06/08/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 06/08/2026 2:17:22 AM EST) or Canopy MLS (last updated Mon 06/08/2026 12:27:31 AM EST) or Triad MLS (last updated Sun 06/07/2026 11:40:12 PM EST). Real estate listings held by brokerage firms other than Lake Norman Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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149 New Leicester Highway , Asheville, NC 28806

Property Description

149 New Leicester Highway | MLS# 4389474

Property Features

Feature Descriptions

Listed By / Shown By

149 New Leicester Highway , Asheville, NC 28806

Contact Debi

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