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 Type(s):
Commercial
|
Year Built
|
1919
|
County
|
Buncombe
|
Additional Details
| BASEMENT |
Other, Yes |
| INTERIOR |
Elevator |
| LOT |
1.77 acre(s) |
| LOT DESCRIPTION |
Corner Lot, Level, Paved |
| MLS STATUS |
Active Under Contract |
| PARKING |
On Street, Parking Lot |
| SEWER |
Public Sewer |
| VIEW |
Yes |
| VIEW DESCRIPTION |
City |
Location
Listed with NAI Allen Tate Beverly-Hanks Commercial
Date last updated: 4/25/25 10:19 PM PDT
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