53 Asheland Avenue, Asheville, NC

$1,795,000

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About 53 Asheland Avenue

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

Features of 53 Asheland Avenue

MLS® # 4166329
Price $1,795,000
Bathrooms 0.00
Acres 0.00
Year Built 1970
Type Commercial Sale
Sub-Type Office
Status Active

Community Information

Address 53 Asheland Avenue
City Asheville
County Buncombe
State NC
Zip Code 28801

Amenities

Utilities Other - See Remarks
Garages Parking Lot, Parking Space(s)
Is Waterfront No
Waterfront None
Has Pool No

Interior

Heating Electric, Natural Gas
Cooling Central Air
Fireplace No
Has Basement No

Exterior

Lot Description Level
Roof Flat
Construction Hard Stucco

Additional Information

Date Listed July 31st, 2024
Days on Market 182
Zoning CBD
Foreclosure No
Short Sale No

Listing Details

OfficeKeller Williams Professionals

Listing Map

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