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160 & 164 Broadway St

29,660 SF Light Industrial Building Asheville, NC 28801 £4,616,455 (£156/SF)

Investment Highlights

  • High visibility location.
  • Highly flexible structure and floorplan.
  • Walkable downtown Asheville.

Executive Summary

An incredible opportunity to own 160 and 164 Broadway St. with two parking lot parcels in downtown Asheville, the longtime location of the Moog Music headquarters. The existing tenant will be relocating creating an opportunity to occupy or invest in this property. Both buildings went through a significant renovation project and offer a highly flexible interior suitable for a variety of uses. 160 Broadway offers +-17,660GSF on two levels currently being utilized for a combination of modern office and manufacturing. This building offers high visibility from Broadway St, Merrimon Ave, and I-240. 164 Broadway offers +-12,000GSF over two levels, the first floor being utilized as flex warehouse and the second floor as modern office. These two buildings are currently internally connected with shared elevator service and are turn key for a single user, or they could be separated to allow each building or floor to be leased independently. See offering Memorandum for more details. These buildings are also offered for lease. These buildings are also offered as part of a larger portfolio sale. Reach out for more information. This property did not receive any notable damage from Helene and is available immediately.

Property Facts

Price £4,616,455
Price Per SF £156
Sale Type Investment or Owner User
Sale Conditions Tenants option to buy property
Property Type Light Industrial
Property Subtype
Light Manufacturing
  • General Retail Freestanding
  • Industrial Manufacturing
  • Office Industrial Live Work Unit
Building Class C
Lot Size 0.14 AC
Rentable Building Area 29,660 SF
Number of Floors 2
Year Built 1919
Tenancy Single
No. Dock-High Doors/Loading 2

Amenities

  • Security System

Utilities

  • Water - City
  • Sewer - City

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Fl-Ste B
  • 6,000 SF
  • Office
  • -
  • 30 Days

An incredible opportunity to occupy the second level of 164 Broadway in downtown Asheville, the longtime location of the Moog Music headquarters office. The existing tenant has relocated creating an opportunity to occupy this recently constructed second level. These historic structures went through a significant renovation project and offer a highly flexible interior suitable for a variety of uses. The second level of 164 Broadway offers 6000GSF of modern office and is serviced by an elevator. These two buildings are currently internally connected with shared elevator service and shared restrooms. Parking on site and space is ready immediately. Tenant will be responsible for typical NNN pass throughs but utilities will be included with the rent.

Space Size Space Use Condition Available
2nd Fl-Ste B 6,000 SF Office - 30 Days

2nd Fl-Ste B

Size
6,000 SF
Space Use
Office
Condition
-
Available
30 Days

2nd Fl-Ste B

Size 6,000 SF
Space Use Office
Condition -
Available 30 Days

An incredible opportunity to occupy the second level of 164 Broadway in downtown Asheville, the longtime location of the Moog Music headquarters office. The existing tenant has relocated creating an opportunity to occupy this recently constructed second level. These historic structures went through a significant renovation project and offer a highly flexible interior suitable for a variety of uses. The second level of 164 Broadway offers 6000GSF of modern office and is serviced by an elevator. These two buildings are currently internally connected with shared elevator service and shared restrooms. Parking on site and space is ready immediately. Tenant will be responsible for typical NNN pass throughs but utilities will be included with the rent.

Walk Score ®
Walker's Paradise (96)
Bike Score ®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 9649-32-5344-00000
  • 9649-32-5328-00000
  • 9649-32-5401-00000
  • 9649-32-5289-00000
Land Assessment
£458,281
Improvements Assessment
£2,114,571
Total Assessment
£2,572,852

zoning

Zoning Code NCD
NCD
  • Listing ID: 32541215

  • Date on Market: 22/07/2024

  • Last Updated:

  • Address: 160 & 164 Broadway St, Asheville, NC 28801

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