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$5,500,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • Updated 9 hours ago
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Outstanding opportunity for investors. Long term lease. 83,700 SF Building on 6.5 acres with a single business/lease of surplus building materials. Business is 20 years old. Cap rate of 9%.

Full Property Details for 195 Johnston Blvd

General

  • Price: $5,500,000
  • Status: Active
  • Type: Commercial
  • Source: Charlotte_Regional_Realtor_Association
  • MLS ID: 4380666
  • Updated: 5/11/2026
  • Added to Site: 1 day(s) ago

Interior

  • Flooring: Concrete

Location

  • County: Buncombe
  • Driving Directions: Smokey Park Hwy from the West. Patton Avenue from the East. North on Johnston Blvd to the property.
  • City Limits: Yes

Heating & Cooling

  • Heating Type: Electric, Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: City
  • Utility Description: Cable Available, Electricity Connected, Natural Gas, Phone Connected, Satellite Internet Available

Structural Information

  • Construction: Site Built
  • Minimum Avail: 83,706 Sq. Ft.
  • Year Built: 1949

Lot Features

  • Street/Road Desc.: Paved
  • Elevation (Approx.): 1500
  • Lot Features: Corner Lot, Private, Sloped

Financial Considerations

  • Terms: Cash, Conventional, Exchange

Disclosures and Reports

  • Inclusions: Building, Land, Other
  • Property ID: 9628-48-6413
  • Lot Number: 3816/323-325

Listed by NAI Allen Tate Beverly-Hanks Commercial

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Listing agent

— 195 Johnston Blvd —

  • NAI Allen Tate Beverly-Hanks Commercial

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 195 Johnston Blvd

School District:Buncombe County Schools
NameGradesDistance
Johnston Elementary
230 Johnston Boulevard, Asheville, NC 28806
PK-40.1 mi
Clyde A Erwin High
60 Lees Creek Road, Asheville, NC 28806
9-122.2 mi
Clyde A Erwin Middle School
20 Erwin Hills Road, Asheville, NC 28806
7-82.2 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 195 Johnston Blvd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/11/2026
Listed
$5,500,000
57.14%
MLS
5/18/2010
Sold
$3,500,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 195 Johnston Blvd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,684
7%
$1,485,500
—
2024
$13,769
3%
$1,485,500
—
2023
$13,384
1%
$1,485,500
—
2022
$13,236
—
$1,485,500
—
2021
$13,236
-8%
$1,485,500
-1%
2020
$14,368
—
$1,500,000
—
2019
$14,368
—
$1,500,000
—
2018
$14,368
-1%
$1,500,000
—
2017
$14,518
-35%
$1,500,000
-28%
2015
$22,464
1%
$2,081,900
—
2014
$22,151
—
$2,081,900
—
2013
$22,151
—
$2,081,900
—
View All
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 for 195 Johnston Blvd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by NAI Allen Tate Beverly-Hanks Commercial

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195 Johnston Boulevard, Asheville, NC 28806 (MLS# 4380666) is a Commercial property. 195 Johnston Boulevard is currently listed for $5,500,000 and was received on May 11, 2026. Want to learn more about 195 Johnston Boulevard? 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.

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