Listing by: Jim Davis, NAI Allen Tate Beverly-Hanks Commercial, jdavis@naibeverly-hanks.com
0 Beds
n/a Full bath
n/aSqFt
Active
Rare investment opportunity in downtown Asheville, NC! This portfolio offers nearly an entire city block with 9 parcels, 7 buildings. Spanning nearly 2 acres and ±53,909 SF, the property boasts 100% occupancy with fresh NNN leases. Tenants include established businesses such as Withers Ravenel, Resurrection Studios, Stokers Studio Bicycles, DayTrip, Palmetto Dist., IncredMed and Atomic Furnishings. Strategically positioned in a high-visibility area with strong traffic counts, the portfolio also provides ample parking and exceptional accessibility. Priced at $9,900,000 with a 7.2% cap rate, this is an unparalleled chance to own a thriving downtown investment in one of the Southeast's hottest markets!
Property Details | ||
|---|---|---|
| Price | $9,900,000 | |
| Lot Size Area | 1.77 | |
| Lot Size Area Units | Acres | |
| Property Type | Commercial | |
| Sub type | Retail | |
| MLS Sub type | Retail | |
| Year Built | 1919 | |
| View | City | |
| Accessibility | Two or More Access Exits, Elevator, Handicap Parking | |
| Lot Description | Corner Lot, End Unit, Level, Paved | |
| Parking Description | On Street, Parking Lot, Parking Space(s) | |
Geographic Data | ||
| Directions | Heading north on Broadway from I-240, properties on the east side of the road. | |
| County | Buncombe | |
| Latitude | 35.604623 | |
| Longitude | -82.560084 | |
Address Information | ||
| Address | 99999 Broadway Street, Asheville, NC 28801 | |
| Postal Code | 28801 | |
| City | Asheville | |
| State | NC | |
| Country | United States | |
Listing Information | ||
| Listing Office | NAI Allen Tate Beverly-Hanks Commercial | |
| Listing Office Phone | 828-210-3940 | |
| Listing Agent | Jim Davis | |
| Listing Agent Phone | 330-718-3311 | |
| Attribution Contact | jdavis@naibeverly-hanks.com | |
| Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
| Special listing conditions | Subject to Lease, None | |
| Terms | Cash, Conventional, Exchange | |
MLS Information | ||
| Days on market | 0 | |
| MLS Status | Active | |
| Listing Date | Feb 3, 2025 | |
| Listing Last Modified | Feb 3, 2025 | |
| Tax ID | 964932534400000 | |
| MLS # | CAR4219218 | |
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Listings courtesy of Canopy MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 2025-04-03T23:08:49.066543Z. 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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