$1,795,000

53 Asheland Avenue, Asheville, NC 28801

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1970
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 10 months ago

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!

Listing Status:
Active
Listing Office:
Keller Williams Professionals : 828-254-7253
MLS ID:
4166329
  • A/C: Central Air
  • Heating: ElectricNatural Gas

This listing courtesy of Keller Williams Professionals

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

I

Isaac Dickson Elementary School

125 Hill St, Asheville, NC, 28801

Grades PK-5

0.50 miles away

A

Asheville Middle School

211 S French Broad Ave, Asheville, NC, 28801

Grades 6-8

0.40 miles away

A

Asheville High School

419 McDowell St, Asheville, NC, 28803

Grades 9-12

1.34 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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