Share this with your friends
(828) 347-9055
Real Estate Company
15 Rankin Avenue Unit #6, Asheville, NC 28801
- $582,000
- 1
- BA
- Sold Price
- $582,000
- List Price
- $625,000
- Status
- CLOSED
- MLS#
- 4082554
- Bathrooms
- 1
- Year Built
- 2014
- Days on Market
- 30
Property Description
CALL FOR HIGHEST AND BEST OFFERS BY 2 PM ON 11/08/23. SELLER WILL RESPOND BY 5 PM 11/08/23. Easy investment opportunity with a stable, long-term tenant in place in a prominent downtown Asheville location. Premium street-level commercial space on high footfall street adjacent to Rankin Parking Garage (262 spaces). A true NNN lease & ideal passive income scenario. Tenant pays property tax, insurance and condo association fees directly, services the HVAC system and pays all utilities. 2023 rent is $30/SF and increases by 3% per year, expiring March 2032. Rankin Press Lofts is a professionally managed condo association in the Central Business District featuring high quality construction and no vacancy. Surrounded by retail shops, restaurants/bars, galleries, offices and residential condos and located in close proximity to I-240 & I-26, Harrah Cherokee Center Asheville, Grove Arcade & Pack Square Park. Please do not disturb the tenant - contact the listing agent for all showings.
Additional Information
- County
- Buncombe
- Restrictions
- Building, Use
- Sewer/Septic
- Public Sewer
- Heating
- Central
- Cooling
- Central Air
Mortgage Calculator
Listing courtesy of Carla & Company Real Estate Services. carla@carla-co.com
Selling Office: G/M Property Group.“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.”