53 Asheland Avenue
53 Asheland Avenue
Asheville, NC 28801
$1,795,000
- Lot Size: 0 Acres
Description
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
Property Summary
| Property Type: | Commercial Sale | Property Subtype : | Office |
| Year Built : | 1970 | Construction Type : | Site Built |
| Lot Size : | 0 Acres |
Property Features
- Level
More Information
- Construction : Hard Stucco
- Roof : Flat
- Parking : Parking Lot, Parking Space(s)
- Heating : Electric, Natural Gas
- Cooling : Central Air
- Water Source : City
- Road : Publicly Maintained Road
- Listing Terms : Cash, Conventional
- Possible Use : Other - See Remarks
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.