Date
Details
Price
Change
Source
6/08/2026
Listed
$1,690,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,690,000 Just Listed
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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.
Full Property Details
Full Property Details for 149 New Leicester Hwy
General
- Price: $1,690,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4389474
- Updated: 6/8/2026
- Added to Site: 4 day(s) ago
Interior
- Appliances: Refrigerator
- Flooring: Carpet, Laminate, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
Additional Information
- Equipment: Other - See Remarks
Parking
- Parking Features: Parking Lot, Parking Space(s), Shared Driveway
Location
- County: Buncombe
- City Limits: Yes
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air, Ductless, Heat Pump, Zoned
- Heating Type: Central, Ductless, Heat Pump, Natural Gas, Zoned
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Electricity Connected, Natural Gas, Solar, Wired Internet Available, Other - See Remarks
Structural Information
- # Buildings: 1
- Construction Status: Completed
- Construction: Site Built
- Exterior Const.: Fiber Cement, Hardboard Siding
- Roof: Metal
- Square Feet: 6,740
- Minimum Avail: 6,740 Sq. Ft.
- Year Built: 2012
Lot Features
- Street/Road Desc.: Paved
- Elevation (Approx.): 2000
- Lot Features: Level, Paved
- Rcmdd Zoning: HB
- Fencing (Description): Chain Link
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Subject to Lease
- Restrictions: No Representation, Other - See Remarks
- Inclusions: Building, Land
- Property ID: 9629-70-5266-00000
- Plat: 123/195
- Lot Number: 4617-912
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Listing agent
— 149 New Leicester Hwy —
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Schools
Schools serving 149 New Leicester Hwy
School District:Buncombe County Schools
| Name | Grades | Distance |
|---|---|---|
Emma Elementary 37 Brickyard Rd, Asheville, NC 28806 | K-4 | 1 mi |
Clyde A Erwin High 60 Lees Creek Road, Asheville, NC 28806 | 9-12 | 2 mi |
Clyde A Erwin Middle School 20 Erwin Hills Road, Asheville, NC 28806 | 7-8 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 149 New Leicester Hwy
Tax History
Tax History for 149 New Leicester Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,943
3%
$749,100
—
2023
$6,749
1%
$749,100
—
2022
$6,674
—
$749,100
—
2021
$6,674
-6%
$749,100
1%
2020
$7,125
—
$743,800
—
2019
$7,125
—
$743,800
—
2018
$7,125
-1%
$743,800
—
2017
$7,199
9%
$743,800
21%
2015
$6,608
1%
$612,400
—
2014
$6,516
—
$612,400
—
2013
$6,516
—
$612,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 149 New Leicester Hwy
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This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
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This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
149 New Leicester Highway, Asheville, NC 28806 (MLS# 4389474) is a Commercial property. 149 New Leicester Highway is currently listed for $1,690,000 and was received on June 08, 2026. Want to learn more about 149 New Leicester Highway? Do you have questions about finding other Commercial real estate for sale in Asheville? You can browse all Asheville real estate or contact a Coldwell Banker agent to request more information.