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(828) 347-9055
Real Estate Company
157 S Lexington Avenue, Asheville, NC 28801
- $1,050,000
- 2
- BA
- Sold Price
- $1,050,000
- List Price
- $1,125,000
- Status
- CLOSED
- MLS#
- 4213325
- Bathrooms
- 2
- Parcel Size
- 0.92
- Year Built
- 2007
- Days on Market
- 294
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.
Additional Information
- County
- Buncombe
- Restrictions
- No Restrictions
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Listing courtesy of Whitney Commercial Real Estate. jharrison@whitneycre.com
Selling Office: Whitney Commercial Real Estate.“The data relating to real estate on this website derive in part from the Internet Data Exchange 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 Real Estate Company 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. © 2026 Carolina Multiple Listing Services, Inc.”