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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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This information is believed to be accurate, but without any warranty.