9 Fallen Spruce DriveAsheville, NC 28806

Description

Six-unit well-maintained neighborhood center in a highly accessible north-west Asheville location. Long-term tenants in place, with one current vacancy, offering immediate value-add potential and stable cash flow. All tenants are operating under NNN leases. Conveniently located just off New Leicester Highway. Surrounded by a strong mix of residential and commercial development, nearby businesses, and numerous service-oriented retailers and professional offices that support the area's growing population. This is an excellent opportunity for investors seeking a multi-tenant asset with in-place income and upside through lease-up of the remaining vacancy. Please see the brochure for further financial information. Please do not disturb tenants - contact the listing broker for showings.

Property Information

Property type

Commercial Sale

Sub-type

Retail

Year built

2004

Building area

7,737 Sq Ft

Zoning

CS

Days on market

132

MLS^® Listing#

4388863

Property Features

Cooling

Electric

Heating

Central · Electric

Flooring

Wood · Bamboo · Hardwood · Tile · Vinyl

Parking

Parking Lot

Lot features

Open Lot · Paved

Utilities

Electricity Connected

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Assessed value

$755,300

Parcel number

9629-07-1748-00000