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$ 1,050,000
$ 1,125,000 6.7%
Est. payment | /mo
2 Baths
0.92 Acres Lot
$ 1,050,000
$ 1,125,000 6.7%
Est. payment | /mo
2 Baths
0.92 Acres Lot
Key Details
Sold Price $1,050,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 4213325
Sold Date 11/03/25
Year Built 2007
Lot Size 0.920 Acres
Acres 0.92
Property Sub-Type Office
Property Description
Downtown Asheville Investment | 7.7% Cap Rate | $1,125,000
Premier office investment in Asheville's South Slope, fully leased with in-place income and a 7.7% cap rate at $1,125,000 ($241/SF). Ideal for investors or owner-users: Suite D (936 RSF) is leased short-term and will vacate upon execution of a new lease. Offered for lease at $27.50/SF ($2,145/month).
The property totals 4,663 RSF across 8 suites with Class A finishes, hardwood floors, large windows, shared restrooms, kitchen/break area, and patio access in select units. Strong tenant mix and prime location steps from breweries, restaurants, and downtown amenities.
Premier office investment in Asheville's South Slope, fully leased with in-place income and a 7.7% cap rate at $1,125,000 ($241/SF). Ideal for investors or owner-users: Suite D (936 RSF) is leased short-term and will vacate upon execution of a new lease. Offered for lease at $27.50/SF ($2,145/month).
The property totals 4,663 RSF across 8 suites with Class A finishes, hardwood floors, large windows, shared restrooms, kitchen/break area, and patio access in select units. Strong tenant mix and prime location steps from breweries, restaurants, and downtown amenities.
Location
State NC
County Buncombe
Zoning CBD
Exterior
Street Surface Paved
Building
New Construction false
Others
Senior Community false
Restrictions No Restrictions
Special Listing Condition None
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Listed by James Harrison • Whitney Commercial Real Estate • jharrison@whitneycre.com
Bought with James Harrison • Whitney Commercial Real Estate
Bought with James Harrison • Whitney Commercial Real Estate
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