645 & 647 Haywood Road, Asheville, NC 28806

• 2 baths |
• 2,250 sqft

Property Description

Positioned in the heart of Asheville’s most sought-after corridor, this 2,250 SF commercial investment opportunity sits along the highly desirable Haywood Road in the vibrant West Asheville. Known for its strong daily traffic counts, pedestrian-friendly design, and eclectic mix of retail, dining, and lifestyle businesses, this location offers unmatched visibility and long-term growth potential. Freshly renovated and upfit in 2024 The property is fully leased with two strong, complementary tenants: Potential New Boyfriend, a popular vinyl and dessert bar concept, and Franny’s Farmacy, a well-established boutique CBD/THC retailer featuring a beautifully curated outdoor patio and garden lounge with on-site consumption. Additional highlights include a shared adjoining parking lot, dedicated employee parking at the rear, and a fenced-in outdoor area enhancing tenant and customer experience. Current gross annual income is $54,000 with approximately four years remaining on existing leases plus renewal options and built-in 3% annual rent escalations—providing immediate cash flow with steady upside. Opportunities to acquire stabilized assets in this high-demand Haywood Road corridor are exceptionally rare, making this an ideal long-term hold for investors seeking both security and appreciation in one of Asheville’s most dynamic submarkets.

Listing Status:

Active

Data Last Updated:

June 25, 2026 at 2:16AM

Listing Office:

Trailblazer Realty LLC : 828-230-4422

MLS ID:

4375681

Construction

• Roofing: Rubber
• General: Site BuiltSlab

Location

• Road/Access: City Street
• Originating MLS: carolina
• County: Buncombe

Lot

• Zoning: HR-2963824789100000
• Fencing: Back YardWood
• Restrictions: Shared parking lot agreement

Financial

• Source: carolina