$9,000,000

99999 Broadway Street, Asheville NC, 28801

Built in1919

Property typeCommercial

Courtesy of NAI Allen Tate Beverly-Hanks Commercial, Jim Davis Listing Contact: [email protected]

Overview

Sold

Closed

Listed Feb 3, 2025

Updated 10 days ago

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!

Other Property Details

View: Yes
55+/Senior Community: No

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