53 Asheland AVE Active

Asheville,NC 28801

$ 1795000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4166329

Construction Status Completed

Year Built 1970

Property Description

Passive investment opportunity in downtown Asheville! This fully-leased condo portfolio is located in the heart of the thriving South Slope, and boasts abundant parking, secure and zero grade entry, and strong monument sign visibility on Asheland Avenue and Grove Street. Attractive long-term leases include the State of NC (Mountain Area Workforce Development Board), and the non-profit Buncombe County Partnership for Children.

Condos 102A, 104, and 105 are offered together at a 7.78% capitalization rate on blended and stabilized net rent. Contact List Agents for additional information about this clean investment sale opportunity!

Suites 104/105 Virtual Tour: https://youriguide.com/suite_105_53_asheland_ave_asheville_nc/
Suite 102A Virtual Tour: https://youriguide.com/suite_102a_53_asheland_ave_asheville_nc/

Associated PINs: 9648297342C002A, 9648297342C0104, 9648297342C0105

Location

State NC

County Buncombe

Zoning CBD

Interior

Heating Electric,Natural Gas

Cooling Central Air

Inclusions Other

Exterior

Fence Partial

Utilities Available Other - See Remarks

Waterfront Description None

Roof Type Flat

Building

Lot Description Level

Dwelling Type Site Built

Foundation Slab

Sewer Public Sewer

Water City

Structure Type Hard Stucco

New Construction false

Construction Status Completed

Others

Senior Community false

Restrictions Other - See Remarks

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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