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53 Asheland Avenue, Asheville, NC 28801
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$1,495,000
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Home Details for 53 Asheland Avenue
Price
$1,495,000
Type
Commercial/Industrial
Year Build
1970
County
Buncombe
MLS®️ Listing#
4166329
On exitrealty.com
399 days
Property 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
- Heating Information
- Electric
- Natural Gas
- Waterfront and Water Access
- None
- Cooling Information
- Central Air
- Water Features
- City
- Utilities
- Other - See Remarks
- Parking
- Parking Lot
Listing Courtesy: Keller Williams Professionals - chris.gragtmans@kw.com
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.Last Updated: 2025-09-03 08:30:30
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Market statistics compiled from data from Carolina MLS (Charlotte).
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