Sell Your Commercial Property in Asheville, NC

Asheville's commercial real estate market is defined by scarcity. Surrounded by the Blue Ridge Mountains and Pisgah National Forest, the city simply cannot expand outward like Charlotte or Raleigh, creating a structural supply constraint that has driven property values steadily upward for over a decade. Tourism — Asheville hosts over 13 million visitors annually generating $4 billion in economic impact — provides a demand driver that most similarly sized cities lack, supporting hospitality, restaurant, retail, and experiential commercial properties year-round.

The River Arts District has transformed from a collection of undervalued industrial properties into one of the Southeast's most dynamic mixed-use neighborhoods, with galleries, breweries, restaurants, and creative offices commanding rents that have tripled in a decade. Downtown Asheville, anchored by Biltmore Avenue and the Grove Arcade, maintains retail vacancy below 3% — among the lowest in North Carolina. The medical sector, led by HCA's Mission Hospital, provides employment stability that complements the tourism-driven economy.

Asheville attracts a distinctive buyer profile: investors who value the city's quality of life, creative economy, and tourism fundamentals alongside financial returns. This includes high-net-worth individuals relocating from Florida, California, and the Northeast, as well as hospitality-focused investment groups. For sellers, this means a buyer pool that is often willing to accept lower cap rates in exchange for Asheville's unique market positioning and lifestyle advantages — a dynamic that directly benefits sellers who understand how to present their properties to this audience.

Retail & Restaurant

Asheville's tourism economy — 13 million annual visitors — creates demand for hospitality and mixed-use properties that is unmatched in western North Carolina. Boutique hotels, bed-and-breakfasts, event venues, and short-term rental properties command premium pricing due to geographic scarcity and consistent visitor demand. Properties in downtown, the Arts District, and along the Blue Ridge Parkway corridor benefit from brand recognition that extends nationally, attracting buyers who see Asheville tourism as a long-term growth story.

Mixed-Use & Hospitality

With over 100 breweries, cideries, and distilleries in the metro area, Asheville has become synonymous with craft beverage manufacturing. Properties with the infrastructure to support brewing and distilling operations — including appropriate zoning, water/sewer capacity, floor drains, and loading access — are a specialized and valuable asset class. The River Arts District and South Slope neighborhoods concentrate much of this demand, but production facilities throughout Buncombe County attract interest from both local operators and national craft beverage companies looking to establish Asheville presence.

Industrial & Flex

Downtown Asheville's retail vacancy sits below 3%, making it one of the tightest retail markets in North Carolina. The combination of tourist foot traffic, affluent full-time residents, and a reputation for independent retail creates a premium environment where landlords command rents comparable to much larger cities. Biltmore Avenue, Broadway, and the Grove Arcade form the core retail district. Properties with outdoor dining capability, character architecture, and flexible floor plans generate the strongest buyer interest.

Dual Expertise

Most CRE agents don't understand business valuations. Most business brokers don't do real estate. John does both, giving you a complete picture of your property's value.

No Wasted Time

Pre-qualified buyers. Realistic pricing from day one. Clean financials and marketing materials that attract serious offers, not tire-kickers.

Confidential Process

Your tenants, employees, and competitors won't know you're selling until you're ready. Every step is managed with discretion.

Success-Based Fee

You pay nothing upfront. John's fee is earned only when your property sells. Your interests are fully aligned.