Listing provided courtesy of Dewey Property AdvisorsMLS# 4371275MLS ProviderContact Information: [email protected]
  • 27 days on site
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Positioned along the highly traveled New Leicester Highway (NC-63), 396 New Leicester Highway presents an excellent opportunity to acquire a well-located commercial asset in one of West Asheville’s most active growth corridors. This 2,544 SF building benefits from outstanding visibility and accessibility along a primary commuter route connecting the rapidly expanding Leicester community to Asheville. Located just ±4 miles northwest of Asheville’s vibrant downtown, the property enjoys strong daily traffic counts estimated between 20,000 and 33,000 vehicles per day, delivering consistent “drive-home” exposure ideal for a wide range of commercial uses. The surrounding corridor is characterized by a dynamic mix of neighborhood retail, dining, and service-oriented businesses, making it a proven destination for both local residents and commuters. The property is supported by a robust and growing customer base, with over 99,000 residents within a 5-mile radius and continued population growth projected in the coming years. This combination of strong demographics, high visibility, and strategic location makes the site well-suited for owner-users, investors, or businesses seeking to establish or expand their presence in the West Asheville market. ••Highlights••±2,544 SF freestanding commercial building•Prime frontage along New Leicester Highway (NC-63)•High daily traffic counts (20,000–33,000 VPD)•±4 miles to downtown Asheville•Strong “drive-home” commuter visibility•Population exceeding 99,000 within a 5-mile radius•Located in a growing commercial corridor serving West Asheville and Leicester

Source: Canopy MLS, MLS#: 4371275

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  • Property Type
    Commercial Sale

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  • Median Age
    36
  • Population Density
    1,120
  • College Educated
    48%
  • Estimated Median Income
    $48,111
  • Estimated Total Home Owners
    9,771
  • Estimated Total Renters
    7,509
  • Owner / Renter Divide
    57% / 43%
  • Estimated Average Household Size
    2
  • Total Population
    42,901
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 396 New Leicester Highway


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/2/2026Source: Canopy MLS Added to Database
June 02, 2026