Properties

Property Description

Prime retail available for sale or lease at 1297 Tunnel Road in East Asheville, offering excellent visibility and direct frontage along one of the area’s busiest commercial corridors. This highly accessible site provides strong daily traffic counts and convenient connectivity to both Interstate 240 and Interstate 40, placing it just minutes from Downtown Asheville. Positioned within Asheville’s primary retail trade area near Asheville Mall, the site benefits from strong co-tenancy with national retailers, restaurants, and surrounding residential density. Ideal for a bank, quick-service restaurant, medical retail, or service-oriented user, this pad offers a rare opportunity to establish a presence along the high-traffic Tunnel Road corridor with flexible sale or ground lease options.

*Though the property is not located in the flood zone, there was significant flooding from Helene. Internal work needs to be done.

Address Map
Country:
US
State:
NC
County:
Buncombe
City:
Asheville
Zipcode:
28805
Street:
Tunnel
Street Number:
1297
Street Suffix:
Road
Longitude:
W83° 31' 42.1''
Latitude:
N35° 35' 3''
Directions:
Located at 1297 Tunnel Road in East Asheville, this commercial land opportunity sits along one of the city’s most active retail and commuter corridors. Tunnel Road (US-70) is a major four-lane arterial just minutes from downtown Asheville and offers quick access to I-240 and I-40, connecting the site to the broader Asheville market and surrounding mountain communities. The property is positioned within a dense commercial district surrounded by national retailers, restaurants, shopping centers, and high-density residential neighborhoods, and is near prominent destinations such as the Asheville Mall.
Zoning:
HB
MLS Addon
Office Name:
Dewey Property Advisors
Agent Name:
Scott Raines
TaxAnnualAmount:
$0
TaxAssessedValue:
$0
AssociationFee:
$0
Listing Information
List Agent Mls Id:
sraines
List Office Mls Id:
12695
Mls Status:
Active
Modification Timestamp:
2026-04-08T13:22:05Z
Originating System Name:
Canopy
Special Listing Conditions:
Undisclosed
Status Change Timestamp:
2026-03-23T17:18:14Z

Commercial Sale For Sale

1297 Tunnel Road, Asheville, North Carolina 28805

$750,000
Listing ID #4360564
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Listing ID :
4360564
Price :
$750,000
Year Built :
1985
Status :
Active
Property Sub Type :
Retail
Agent info
Contact Agent
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