North Carolina
Asheville
99999 Broadway Street

$9,900,000

99999 Broadway Street, Asheville, NC 28801

Commercial Property
Built in 1919
1.77acre lot
—— car garage
$——/sqft
Listed 4 months ago

Property Description

Rare investment opportunity in downtown Asheville, NC! This portfolio offers nearly an entire city block with 9 parcels, 7 buildings. Spanning nearly 2 acres and ±53,909 SF, the property boasts 100% occupancy with fresh NNN leases. Tenants include established businesses such as Withers Ravenel, Resurrection Studios, Stokers Studio Bicycles, DayTrip, Palmetto Dist., IncredMed and Atomic Furnishings. Strategically positioned in a high-visibility area with strong traffic counts, the portfolio also provides ample parking and exceptional accessibility. Priced at $9,900,000 with a 7.2% cap rate, this is an unparalleled chance to own a thriving downtown investment in one of the Southeast's hottest markets!

Listing Status:: Active
Listing Office:: NAI Allen Tate Beverly-Hanks Commercial : 828-210-3940
MLS ID:: 4219218

Basement: Other

This listing courtesy of NAI Allen Tate Beverly-Hanks Commercial

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Claxton Elementary School

241 Merrimon Ave, Asheville, NC, 28801

Grades KG-5

0.44 miles away

Montford North Star Academy

90 Montford Ave, Asheville, NC, 28801

Grades 6-8

0.46 miles away

Asheville High School

419 McDowell St, Asheville, NC, 28803

Grades 9-12

2.23 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.