For Sale
$1,795,000
53 Asheland Ave Asheville, NC 28801
Downtown Asheville, 100% Occupied, High Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 127
Highlights
- Three fully-leased office condos totaling 6,564 square feet in Asheville, NC's South Slope district.
- 7.78% capitalization rate on stabilized net rent.
- Located in a Class B, one-story building with ample parking and excellent visibility.
- Desirable tenants with long-term leases (one 45-year lease, one with a 3-year renewal option).
- Asking price: $1,795,000; Annual pass-through expenses: $42,904.42 (includes property taxes, POA/TICAM fees).
- Zoned CBD; APN numbers: 9648297342C002A, 9648297342C0104, and 9648297342C0105.
Property Details for 53 Asheland Ave
- Property type
- Office properties
- Square Feet
- 6,564 SF
- Class
- B
- Buildings
- 1
- Stories
- 1
- Units
- 3
Location Insight
- City
- Asheville
- County
- Buncombe
- State
- North Carolina
- Latitude
- 35.5918929
- Longitude
- -82.5570898
53 Asheland Ave, Asheville, North Carolina
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - Downtown Asheville, 100% Occupied, High Cap Rate
- Where is the office property located?
- The property is located at 53 Asheland Ave Asheville, NC.
- What is the asking price?
- The asking price for this property is $1,795,000.
- What are key features of this property?
- This property features: Three fully-leased office condos totaling 6,564 square feet in Asheville, NC's South Slope district.; 7.78% capitalization rate on stabilized net rent.; Located in a Class B, one-story building with ample parking and excellent visibility.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Visit Broker Website