16 College Street, Asheville, NC 28801

$3,975,344
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Sold Price
$3,975,344
List Price
$4,450,000
Status
CLOSED
MLS#
4080623
Parcel Size
0.09
Year Built
1898
Days on Market
121
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(828) 347-9474

Property Description

OUTSTANDING INVESTMENT OPPORTUNITY IN THE HEART OF DOWNTOWN ASHEVILLE. NEW 10-YEAR NNN LEASE TO PRESTIGIOUS FINANCIAL ADVISORY FIRM. - Prominent, historic building located in the core of downtown Asheville, NC. Meticulously renovated since 2016 into Class A office space. - New 10-year single tenant lease to creditworthy tenant, Modera Wealth Management, successor to Parsec Financial Management. - Triple net (NNN) investment opportunity requiring minimal management. - Below market rental rate provides tremendous long-term upside potential. Headquarters for Parsec Financial Management for 40 years, a testament to the firm's long term commitment to downtown Asheville. ***SEE BROCHURE FOR MORE INFORMATION***

(828) 347-9474
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Additional Information

County
Buncombe
Restrictions
N/A
Exterior Finish
Brick Partial, Hard Stucco, Other - See Remarks
Basement Description
Full, Interior Entry, Partially Finished
Sewer/Septic
Public Sewer
Heating
Heat Pump, Office Only, Separate Meters, Zoned
Cooling
Central Air, Ductless, Heat Pump, Zoned
Roof
Shingle, Rubber
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Calculator source: Real Geeks

Listing courtesy of G/M Property Group. jmenk@gmproperty.com

Selling Office: Keller Williams Professionals.

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