5 Walnut Wine Bar + Condos

Investment Overview

5 W Walnut Street offers a mixed-use investment opportunity in the heart of downtown Asheville. The property is currently home to 5 Walnut Wine Bar and also includes four vacant residential units. The residential units are approved for short-term rental (STR) use but are not currently being used as short-term rentals. The property also includes a leased retail space that is currently producing income, offering a mix of residential and commercial uses in a desirable downtown location.

Investment Highlights

• Turnkey, income-producing mixed-use investment
• Four premium residential units with established short-term rental potential
• An iconic commercial space with strong identity and long-standing recognition in the Asheville market
• Opportunity to realize additional value through a mixed-use condominium structure or separate future disposition of the residential and commercial components
• The rarity of acquiring a fully stabilized, downtown Asheville asset with both immediate income and multiple long-term value creation strategies