For Sale $1,285,000
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.
| List Price: | $1,285,000 |
| Status: | For Sale |
| Type: | Portfolio |
| Parking: | Parking Lot |
| MLS Number: | CAR4434021 |
| Lot Description: | Level |
| Year Built: | 2020 |
| Sewer Type: | Septic Installed |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 10-12-2026 | Listed | $1,285,000 | N/A |
| 01-24-2026 | Under Contract | $325,000 | N/A |
| 01-21-2026 | Listed | $325,000 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Fairview Elementary | 3 miles | KG-05 | 7 |
| William W Estes Elementary | 6 miles | KG-05 | 8 |
| Fletcher Elementary | 6 miles | KG-05 | 9 |
| Oakley Elementary | 7 miles | KG-05 | 4 |
| ArtSpace Charter School | 8 miles | KG-06 | 8 |
| Clear Creek Elementary | 8 miles | KG-05 | 9 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 1589 Cane Creek Road, Fletcher NC | 0 mi | $1,285,000 | days | |
| 11 Spring Lake Drive, Fletcher NC | 0.1 mi | $425,000 | days | |
| 13 Spring Lake Drive, Fletcher NC | 0.1 mi | $398,000 | days | |
| 32 Franklin Farm Road, Fletcher NC | 0.2 mi | $719,000 | days | |
| 6 Gun Flint Trail, Fletcher NC | 0.3 mi | $395,000 | days | |
| 1720 Cane Creek Road, Fletcher NC | 0.3 mi | $520,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Town and Mountain Realty
1589 Cane Creek Road, Fletcher NC is a ft2 on a 1.470 acres Level lot. This is for $1,285,000. This has bedrooms, baths, and was built in 2020.
Based on information submitted to the MLS GRID as of 2026-10-12 21:00:34 EST. 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. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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