99999 Broadway Street, Asheville, NC 28801
- $9,000,000
- Sold Price
- $9,000,000
- List Price
- $9,900,000
- Status
- CLOSED
- MLS#
- 4219218
- Parcel Size
- 1.77
- Year Built
- 1919
- Days on Market
- 375
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!
Additional Information
- County
- Buncombe
- Restrictions
- No Representation
- Acreage Features
- Corner Lot, End Unit, Level, Paved
- Sewer/Septic
- Public Sewer
Mortgage Calculator
Listing courtesy of NAI Allen Tate Beverly-Hanks Commercial. jdavis@naibeverly-hanks.com
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