9 Fallen Spruce Drive, Asheville, NC 28806
Buncombe County
Key Facts
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.
Property Information
Property Type
Commercial Sale
Sub-Type
Retail
Year Built
2004
Living Area
7,737 sq ft
Zoning
CS
Days on Market
22
MLS® Listing#
4388863
Property Features
Cooling
Heating
Flooring
Parking
Lot Features
Utilities
Sewer
Water Source
Financial Details
HOA
None
Assessed Value
$755,300
Parcel Number
9629-07-1748-00000
Affordability Calculator
$350,000
Estimated monthly payment
$9,314/mo
Principal $1,400,000 · Est. interest $1,953,125 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Asheville, NC
- $591,255
- Median Listing Price
- 74
- Median Days on Market
- 1,883
- Median Sq Ft
- $326
- Median Price / Sq Ft
- 987
- Active Listings
- This home’s price is 196% above the area median.
- Its price per sq ft is 31% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Asheville, NC.
Location
Points of Interest in Asheville, NC
Showing the Asheville area map.
Nearby Schools
Erwin High School
Secondary · 0.6 mi away
West Buncombe Elementary School
Elementary · 0.8 mi away
Joe P. Eblen Intermediate School
Secondary · 0.9 mi away
Mount Carmel Baptist Church
School · 1.0 mi away
Johnston Elementary School
Elementary · 2.0 mi away
Emmanuel Lutheran School
School · 2.6 mi away
Emma Elementary
Elementary · 2.6 mi away
Buncombe County Schools
School · 2.7 mi away
Nazarene Christian School
Secondary · 2.7 mi away
School for Esoteric Studies
School · 3.0 mi away
Temple Baptist Church
School · 3.0 mi away
Woodfin Elementary School
Elementary · 3.1 mi away
Vance Elementary School
Elementary · 3.1 mi away
Asheville School
Secondary · 3.2 mi away
Canterbury Classical School
School · 3.4 mi away
Francine Delany New School
Elementary · 3.5 mi away
New City Christian School
School · 3.5 mi away
Rainbow Community School
Secondary · 3.6 mi away
Asheville-Pisgah Christian School
Secondary · 3.6 mi away
Omega Middle School
Elementary · 3.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 25 B Saint Dunstans Circle, Asheville, NC | $1,225,000 | 4 | 5 | 2,785 |
| 122 Cisco Road, Asheville, NC | $1,225,000 | 4 | 3 | 3,158 |
| 604 Storybook Villas Trail, Asheville, NC | $1,245,000 | 3 | 4 | 1,852 |
| 4 Baird Lane, Asheville, NC | $1,249,000 | 4 | 4 | 3,040 |
| 94 Oak Hollow Drive, Asheville, NC | $1,250,000 | 4 | 5 | 4,742 |
| 28 Ridgefield Place, Asheville, NC | $1,250,000 | 5 | 4 | 2,988 |
Moving Cost Estimate
EXIT Agents in Asheville
Listing Courtesy: Likewise Commercial Real Estate - carla@likewisecommercial.com
Last Updated: 2026-06-04
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