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.
Active
$1,285,000
1589 Cane Creek Rd, Fletcher, NC 28732
7beds
6baths
5,925sqft
Multi Family
Built in 2020
-- sqft lot
$1,237,300 Zestimate®
$217/sqft
$-- HOA
What's special
Individual mini-split systemsStandalone detached flex spaceOutdoor pavilionPaved parking lot
- 15 days
- 253
- 16
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Luiz Leonetti luiz@luizleonetti.com,
Town and Mountain Realty,
Jessi Leonetti,
Town and Mountain Realty
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4434021
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
Heating
- Central, Ductless
Cooling
- Central Air, Ductless
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Exhaust Fan, Microwave, Refrigerator, Washer/Dryer
- Laundry: In Unit
Features
- Has basement: No
Interior area
- Total structure area: 5,925
- Total interior livable area: 5,925 sqft
- Finished area above ground: 5,925
- Finished area below ground: 0
Property
Parking
- Total spaces: 28
- Parking features: Parking Lot
Features
- Fencing: Partial
Lot
- Size: 1.47 Acres
- Features: Level
Details
- Parcel number: 967469816500000
- Zoning: OU
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick Partial, Vinyl
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 2020
Utilities & green energy
- Sewer: Septic Installed
- Water: Public
Community & HOA
Location
- Region: Fletcher
Financial & listing details
- Price per square foot: $217/sqft
- Tax assessed value: $647,400
- Date on market: 10/12/2026
- Road surface type: Asphalt, Paved
Estimated market value
$1,237,300
$1.18M - $1.30M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/12/2026 | Listed for sale | $1,285,000$217/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment





