$1,285,000
 $6,898 est/mo Sourced by Back At You

1589 Cane Creek Road,Fletcher, NC 28732

Fletcher, NC 28732

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Description

Rare investment opportunity on 1.47 acres with flexible Open Use zoning! Located at 1589 Cane Creek Road, this unique multi-structure property features approx. 5,925 SF across three distinct buildings, unlocking massive potential for a professional office campus or a mixed-use commercial and residential portfolio. The rear quadplex (built 2020) features four turnkey 1BR/1BA units with modern finishes and individual mini-split systems. Facing the road is a ±1,378 SF front building paired with a standalone, detached flex space-perfect for an office, creative studio, or additional residential rental income. Completing the campus is a vacant ±2,077 SF conditioned metal building (built 2005) ready for adaptive reuse as an event space, wellness facility, community center, or office conversion with paved parking lot and outdoor pavilion. Strategically positioned with excellent access to I-26, Highway 74A, the Asheville Regional Airport, and Hendersonville. City water and high capacity septic on site. Buyer to verify zoning, permitted uses, and septic capacity.

Details

MLS #4434021
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2020
Days On Site11
Listing Provided ByTown and Mountain Realty | Luiz Leonetti

Features

SQ Feet5,925
Units7
ZoningOU
Acreage1.47

Interior

CoolingCentral Air, Ductless
HeatingCentral, Ductless
AppliancesDishwasher, Electric Oven, Electric Range, Exhaust Fan, Microwave, Refrigerator, Washer/Dryer

Exterior

Construction MaterialsBrick Partial, Vinyl
Foundation DetailsCrawl Space
Lot FeaturesLevel

Parking

Garage Yes / NoNo
Parking FeaturesParking Lot

Other

List AorLand of The Sky Association of Realtors

Taxes

Property647400

Area Information

StateNC
CountyBuncombe
CityFletcher
Zip Code28732
AreaBuncombe
School DistrictUnspecified
Elementary SchoolUnspecified
High SchoolUnspecified
Listing VS Median (in 28732)
Price:
$1,285,000
low | high
Med:
$475,000
100% of Average
sqft:
5,925
low | high
Med:
2,351
100% of Average
$ / sqft:
$217
low | high
Med:
$202
56.840701944863% of Average
On site:
11
low | high
Med:
471
2.335456475584% of Average
Sourced by Back At You

Market Activity 28732

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 Listings courtesy of Canopy MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of October 23, 2026 at 10:43:43 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateNC
CountyBuncombe
CityFletcher
Zip Code28732
AreaBuncombe
School DistrictUnspecified
Elementary SchoolUnspecified
High SchoolUnspecified
Listing VS Median (in 28732)
Price:
$1,285,000
low | high
Med:
$475,000
100% of Average
sqft:
5,925
low | high
Med:
2,351
100% of Average
$ / sqft:
$217
low | high
Med:
$202
56.840701944863% of Average
On site:
11
low | high
Med:
471
2.335456475584% of Average
Sourced by Back At You
Listing Updated: October 12, 2026 at 4:08:39 PM PDT