For Sale
$2,900,000

271 Tunnel RdAsheville, NC 28805

High-Yield, 100% Leased Property

Overview

Added:
Feb 3
Days on market:
62
This exceptional 13,818 square foot commercial property, situated on a 1.16-acre lot at 271 Tunnel Road in Asheville, North Carolina, presents a compelling investment opportunity. Currently 100% leased, this retail/strip center boasts a strong tenant mix generating significant daily traffic. Its prime location near major retailers ensures high visibility and accessibility within Asheville's most desirable trade area. The property is zoned Urban Place, offering versatility and potential for future growth. The asking price is $2,900,000. This stabilized investment provides a consistent income stream and benefits from its position in a thriving market. The building's excellent condition and strong tenant occupancy make this a low-risk, high-reward opportunity for discerning investors seeking a foothold in Asheville's robust commercial real estate sector. The property's strategic location and proven performance history make it an attractive addition to any portfolio. This is a rare chance to acquire a fully leased, high-performing asset in a dynamic and growing city. The property's strong cash flow and potential for appreciation make it an ideal investment for long-term growth. Don't miss this chance to own a piece of Asheville's thriving retail landscape.

Property Details for 271 Tunnel Rd

Property type
Square Feet
13,818 SF
Year Built
1961
Lot Size (sq. ft)
50,530 SF

Location Insight

City
Asheville
County
Buncombe
State
North Carolina
Latitude
35.58424
Longitude
-82.52804
271 Tunnel Rd, Asheville, North Carolina

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271 Tunnel Rd
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