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.
- Heating System:
- Heat Pump, Electric, Natural Gas
- Cooling System:
- Electric, Heat Pump
- Basement:
- Exterior Entry, Interior Entry, Storage Space, Walk-Out Access, Walk-Up Access
- Flooring:
- Wood, Carpet, Tile, Concrete
- Sewer:
- Public Sewer
- Utilities:
- Electricity Connected
- Window Features:
- Skylight(s), Display Window(s)
- Appliances:
- Refrigerator, Dishwasher
- Country:
- US
- State:
- NC
- County:
- Buncombe
- City:
- Asheville
- Zipcode:
- 28801
- Street:
- Biltmore
- Street Number:
- 38 & 40
- Street Suffix:
- Avenue
- Longitude:
- W83° 26' 56.6''
- Latitude:
- N35° 35' 36.6''
- Zoning:
- CBD
- Office Name:
- Likewise Commercial Real Estate
- Agent Name:
- Carla Barnard
- TaxAnnualAmount:
- $0
- TaxAssessedValue:
- $0
- AssociationFee:
- $0
- Accessibility Features:
- Mobility Friendly Flooring
- Building Size:
- 24332
- Lot Features:
- Level, Paved
- Possible Use:
- Commercial
- Stories:
- 3
- Video Url:
- https://singlepointmedia.hd.pics/38-40-Biltmore-Ave
- Virtual Tour:
- https://singlepointmedia.hd.pics/38-40-Biltmore-Ave
- Water Source:
- City
- List Agent Mls Id:
- 548508217
- List Office Mls Id:
- R01098
- Listing Term:
- Cash,Conventional
- Mls Status:
- Active
- Modification Timestamp:
- 2026-10-05T19:51:06Z
- Originating System Name:
- Canopy
- Special Listing Conditions:
- None
- Status Change Timestamp:
- 2026-09-29T16:44:19Z
Commercial Sale For Sale
38 & 40 Biltmore Avenue, Asheville, North Carolina 28801
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Listing ID :
- 4429116
- Price :
- $5,995,000
- View :
- City
- Bathrooms :
- 4
- Year Built :
- 1925
- Status :
- Active
- Property Sub Type :
- Retail
















































