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$9,900,000
Est. payment /mo
1.77 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 4219218
Year Built 1919
Lot Size 1.770 Acres
Acres 1.77
Property Sub-Type Retail
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!
Location
State NC
County Buncombe
Zoning NCD
Rooms
Basement Other
Interior
Inclusions Building, Land
Exterior
View City
Street Surface Paved
Accessibility Two or More Access Exits, Elevator, Handicap Parking
Building
Lot Description Corner Lot, End Unit, Level, Paved
Dwelling Type Site Built
Sewer Public Sewer
Water City
New Construction false
Others
Senior Community false
Restrictions No Representation
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Special Listing Condition Subject to Lease, None
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© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Jim Davis • NAI Allen Tate Beverly-Hanks Commercial • jdavis@naibeverly-hanks.com
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7761-101 Ballantyne Commons Pa, Charlotte, NC, 28277, United States
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