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!
-
0BEDS
-
1.77ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Offered by NAI Allen Tate Beverly-Hanks Commercial: 828-210-3940. Copyright 2025 Canopy MLS. All rights reserved.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!
Based on information submitted to the MLS GRID as of 2025-11-18T22:33:38.62 UTC. 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.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Amy Smith | CENTURY 21 Connected nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2025 Canopy MLS.
“Listings courtesy of Canopy MLS as distributed by MLS GRID
Some IDX listings have been excluded from this website.
Digital Millennium Copyright Act