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38 & 40 Biltmore Avenue
Asheville NC 28801 US

$5,995,000

Active Listing ID 4429116
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4.00 Bath (4 Full)
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Lot: 0.20 Acres
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Retail

$5,995,000

Active Listing ID 4429116
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38 & 40 Biltmore Avenue This landmark historic commercial property in the heart of Downtown Asheville presents a rare opportunity to acquire a 100% occupied, architecturally distinctive asset with a long-standing, reputable tenant history. The property offers approximately +/-24, 332 SF on +/-0.20 acres of thoughtfully designed, light-filled space across three floors. Zoned CBD, fully sprinklered and featuring a freight elevator, the building has a functional layout for a variety of commercial uses and potential for development of additional rentable SF in the lower level. The property has been home for more than three decades to Blue Spiral 1, one of the South's largest and most renowned art galleries. Located along Biltmore Avenue within Asheville's vibrant and walkable downtown core, the property offers convenient access to major thoroughfares, with I-240 approximately 1 mile away and I-40 approximately 3 miles away, providing connectivity to I-26, US 25, US 70, and other regional routes.

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Property Features

  • Facts
  • Lot Size: 0.20 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Retail
  • Features
  • Full Bathrooms: 4
  • Cooling System: Electric, Heat Pump
  • Floor Covering: Carpet, Concrete, Tile, Wood
  • Heating Fuels: Natural Gas, Heat Pump (Heating), Electric (Heating)
  • Additional Features
  • Basement

Property

  • propertytype: Commercial Sale
  • propertysubtype: Retail
  • listprice: 5995000
  • unparsedaddress: 38 & 40 Biltmore Avenue
  • postalcity: Asheville
  • stateorprovince: NC
  • country: US
  • postalcode: 28801
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.2
  • lotsizeunits: Acres
  • lotsizearea: 0.2
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 35.59350611
  • longitude: -82.55094715
  • listagentfullname: Carla Barnard
  • listagentemail: carla@likewisecommercial.com
  • listagentkey: 3yd-CMLSNC-548508217
  • listagentmlsid: 548508217
  • listagentpreferredphone: 8282223685
  • listagentofficephone: 8285750272
  • listofficekey: 3yd-CMLSNC-R01098
  • listofficemlsid: R01098
  • disclaimer: Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CMLSNC
  • yearbuilt: 1925
  • listingcontractdate: 2026-09-29
  • countyorparish: Buncombe
  • parcelnumber: 9648-49-5851-00000
  • appliances: Dishwasher, Refrigerator
  • cooling: Electric, Heat Pump
  • flooring: Carpet, Concrete, Tile, Wood
  • heating: Natural Gas, Heat Pump (Heating), Electric (Heating)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • view: City
  • waterfrontyn: False
  • franchiseaffiliation: None
  • windowfeatures: Skylight(s), Display Window(s)
  • rooms: Bathroom 3, Bathroom 2, Basement, Bathroom 4, Bathroom 1
  • basement: Storage Space, Walk-Up Access, Exterior Entry, Walk-Out Access, Interior Entry
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.55095, 35.593506
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Caeruleum LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"carla@likewisecommercial.com", "ListBrokerageCity":"Asheville", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Caeruleum LLC", "ListBrokeragePhone":"8285750272", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"22 Beaverbrook Road", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"22 Arlington St ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"R01098", "ListOfficeCity":"Asheville", "ListOfficeCountry":"US", "ListOfficeEmail":"info@likewisecommercial.com", "ListOfficePostalCode":"28801", "ListOfficeStateOrProvince":"NC", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale, Asheville, NC", "ListingURL":"http://www.carolinahome.com/home/4429116", "MLSModificationTimestamp":"2026-10-05 19:51:06", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"DEED DATE: 2022-09-13 DEED: 6257-1698 SUBDIV: E D LATTA EST BLOCK: LOT: 38 & 40 SECTION: PLAT: 0020-0066", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/5/2026 8:11:34 PM GMT
Source Updated Date: 10/6/2026 1:03:35 PM GMT

Courtesy of: Carla Barnard, Likewise Commercial Real Estate, carla@likewisecommercial.com

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.