207 Coxe AveAsheville, NC 28801

  • Industrial properties
  • 23,160 SF
For Lease
$308.76/SF/YR View listing

Property Details for 207 Coxe Ave

Year built
1920
Construction
CONCRETE BLOCKS
Lot size
1.44 AC
Property size (Sq ft)
23,160 SF
Zone code
DEED DATE:07/02/2015 DEED
Property type
Industrial properties
Property subtype
Other warehouses
APN
9648-37-2533-00000
APU
964837253300000

Description

This exceptional 17,795 square foot retail property, located at 207 Coxe Avenue in Asheville, North Carolina, presents a unique investment opportunity. Built in 1940, this free-standing commercial building sits on a generous 1.44-acre lot and is zoned CBD (Central Business District). Currently configured as a multi-tenant building, it houses a mix of artist workspaces and a showcase gallery, fostering a vibrant and creative community. The building offers a rich, collaborative environment ideal for creative businesses and artists. While the building has a total of one suite, a portion of the space is currently vacant, totaling 443 square feet. This presents an immediate opportunity for a new tenant to establish a presence in this thriving South Slope neighborhood. The property's location within Buncombe County, zip code 28801, provides excellent access to Asheville's vibrant arts scene and amenities. The building's history and unique character offer a distinctive setting for a variety of businesses. This is an exceptional opportunity to acquire a well-situated retail property in a highly desirable area. The available space is perfect for an artist or small creative office seeking a collaborative and inspiring work environment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,439,374
    Hospitality
    $4,982,438
    Educational
    $4,145,330
    Medical
    $4,287,894
    Retail
    $6,448,290
207 Coxe Ave, Asheville, North Carolina

Location Insight

City
Asheville
County
Buncombe
State
North Carolina
Latitude
35.587
Longitude
-82.5551
CBSA code
11700
CBSA name
ASHEVILLE, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$25,820
-
-
$2,303,700
-
$2,070,000
$233,700
$2,303,700

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