38 & 40 Biltmore Avenue, Asheville, NC 28801
- $5,995,000
- 4
- BA
- List Price
- $5,995,000
- Status
- ACTIVE
- MLS#
- 4429116
- Bathrooms
- 4
- Parcel Size
- 0.2
- Year Built
- 1925
- Days on Market
- 1
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
- County
- Buncombe
- Restrictions
- Other - See Remarks
- Acreage Features
- Level, Paved
- Appliances
- Dishwasher, Refrigerator
- Sewer/Septic
- Public Sewer
- Heating
- Electric, Heat Pump, Natural Gas
- Cooling
- Electric, Heat Pump
Mortgage Calculator
Listing courtesy of Likewise Commercial Real Estate. carla@likewisecommercial.com
“The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Real Estate Company nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Carolina Multiple Listing Services, Inc.”