99999 Broadway Street

99999 Broadway Street

Asheville, NC 28801
$9,900,000

  • Lot Size: 1.77 Acres
Description

Rare investment opportunity in downtown Asheville, NC! This portfolio offers nearly an entire city block with 9 parcels, 7 buildings. Spanning nearly 2 acres and ±53,909 SF, the property boasts 100% occupancy with fresh NNN leases. Tenants include established businesses such as Withers Ravenel, Resurrection Studios, Stokers Studio Bicycles, DayTrip, Palmetto Dist., IncredMed and Atomic Furnishings. Strategically positioned in a high-visibility area with strong traffic counts, the portfolio also provides ample parking and exceptional accessibility. Priced at $9,900,000 with a 7.2% cap rate, this is an unparalleled chance to own a thriving downtown investment in one of the Southeast's hottest markets!

Property Summary
Property Type: Commercial Sale Property Subtype : Retail
Year Built : 1919 Construction Type : Site Built
Lot Size : 1.77 Acres
Property Features
  • Corner Lot
  • End Unit
  • Level
  • Paved
  • Display Window(s)
Views
  • City
More Information
  • Parking : On Street, Parking Lot, Parking Space(s)
  • Water Source : City
  • Road : Publicly Maintained Road
  • Listing Terms : Cash, Conventional, Exchange
  • Possible Use : Commercial, Development, Industrial, Multi-Family, Residential

Based on information submitted to the MLS GRID as of 02-22-2025 07:22:03 UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listed By
NAI Allen Tate Beverly-Hanks Commercial
Jim Davis
330-718-3311
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