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$1,750,000
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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.
Full Property Details
Full Property Details for 9 Fallen Spruce Dr
General
- Price: $1,750,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4388863
- Updated: 6/11/2026
- Added to Site: 8 day(s) ago
Interior
- Flooring: Bamboo, Hardwood, Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 6
Parking
- Parking Features: Parking Lot, Parking Space(s)
Location
- County: Buncombe
Heating & Cooling
- Cooling Type: Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Electricity Connected
Structural Information
- # Buildings: 1
- Construction: Site Built
- Square Feet: 7,737
- Minimum Avail: 7,737 Sq. Ft.
- Year Built: 2004
Lot Features
- Street/Road Desc.: Paved
- Elevation (Approx.): 2000
- Lot Features: Open Lot, Paved
- Rcmdd Zoning: CS
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Restrictions: No Representation, Other - See Remarks
- Inclusions: Building, Land
- Property ID: 9629-07-1748-00000
- Plat: 131/122
- Lot Number: 3871-94
Listed by Likewise Commercial Real Estate
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Schools
Schools serving 9 Fallen Spruce Dr
School District:Buncombe County Schools
| Name | Grades | Distance |
|---|---|---|
Clyde A Erwin High 60 Lees Creek Road, Asheville, NC 28806 | 9-12 | 0.6 mi |
West Buncombe Elementary 175 Erwin Hills Road, Asheville, NC 28806 | K-4 | 0.8 mi |
Clyde A Erwin Middle School 20 Erwin Hills Road, Asheville, NC 28806 | 7-8 | 0.8 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 9 Fallen Spruce Dr
Date
Details
Price
Change
Source
6/04/2026
Listed
$1,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 9 Fallen Spruce Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,261
7%
$755,300
—
2024
$4,929
3%
$755,300
—
2023
$4,781
2%
$755,300
—
2022
$4,706
—
$755,300
—
2021
$4,706
1%
$755,300
8%
2020
$4,668
—
$697,800
—
2019
$4,668
2%
$697,800
—
2018
$4,598
—
$697,800
—
2017
$4,598
-8%
$697,800
2%
2015
$4,975
3%
$687,200
—
2014
$4,838
—
$687,200
—
2013
$4,838
—
$687,200
—
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 9 Fallen Spruce Dr
9 Fallen Spruce Drive, Asheville, NC 28806 (MLS# 4388863) is a Commercial property. 9 Fallen Spruce Drive is currently listed for $1,750,000 and was received on June 04, 2026. Want to learn more about 9 Fallen Spruce Drive? 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.

