$1,499,000
Accepting Backup Offers

55 Broadway Street

Asheville, NC 28801
Browse 48 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

In the heart of Downtown Asheville mixed-use building with excellent foot traffic and CPD. Excellent opportunity for an owner user or investment property with value-add potential throughout. Street level retail space with tenant in place until 2025. All other spaces are leased on a month to month basis. Upper level residential, currently used as an income producing rental, wood floors, high ceilings and open floor plan are conducive to renovation as a primary residence or a downtown rental. Building also includes lower level basement area with access from Carolina Ave (currently rented month to month for storage). Three parking spaces behind the building are also currently rented month to month. It's a great building as-is with a ton of potential. Spaces are occupied, so please do not disturb tenants. Check out the virtual tour to learn more about the space. Please contact the listing broker for more details.

  • Property Details
      • AppliancesDishwasher, Electric Range, Refrigerator, Washer/Dryer
      • Basement DescriptionExterior Entry, Full, Storage Space, Walk-Out Access
      • Utility FeaturesElectricity Connected
      • Parcel Number9649-41-1105-00000
      • Sewer InformationPublic Sewer
      • CoolingCentral Air
      • Cooling FeaturesCentral Air
      • Original List Price$1,599,000
      • Property TypePurchase
      • FoundationBasement
      • CountyBuncombe
      • MLS #4133266
      • Cost1499000
      • MLS #4133266
      • Property SubtypeRetail
      • Square Feet4193
      • Year Built1928
      • RoofFlat
      • Utility SourceCity
      • ZoningCBD
      • Days on Market (Cumulative)111
      • Basement1

Location

Eric MannReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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