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45 Asheland Ave - Suite 101

1,462 SF Retail Unit Offered at £476,893 in Asheville, NC 28801

Property Facts

Price £476,893 Building Class B
Unit Size 1,462 SF Number of Floors 6
No. Units 1 Typical Floor Size 7,000 SF
Total Building Size 42,000 SF Year Built 2018
Property Type Retail (Unit) Lot Size 0.31 AC
Property Subtype
Storefront Retail/Residential
  • General Retail Restaurant
 Parking Ratio 0.93/1,000 SF
Sale Type Investment
Price £476,893
Unit Size 1,462 SF
No. Units 1
Total Building Size 42,000 SF
Property Type Retail (Unit)
Property Subtype
Storefront Retail/Residential
  • General Retail Restaurant
Sale Type Investment
Building Class B
Number of Floors 6
Typical Floor Size 7,000 SF
Year Built 2018
Lot Size 0.31 AC
Parking Ratio 0.93/1,000 SF

1 Unit Available

Unit 101

Unit Size 1,462 SF Net Initial Yield 7.25%
Price £476,893 NOI £34,574.71
Price Per SF £326.19 No. Parking Spaces 6
Unit Use Retail APN/Parcel ID 9648298566
Sale Type Investment
Unit Size 1,462 SF
Price £476,893
Price Per SF £326.19
Unit Use Retail
Sale Type Investment
Net Initial Yield 7.25%
NOI £34,574.71
No. Parking Spaces 6
APN/Parcel ID 9648298566
Description

Food service tenant occupied.  Located in the Asheville CBD at street level in a 42 unit residential condominium building.

Sale Notes

Excellent Commercial condominium investment. Long term food service tenant with lease until 2027 w. 3 year option. 7.25% CAP rate.

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Walk Score ®
Very Walkable (89)
Bike Score ®
Very Bikeable (71)
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.®
Learn How It Works Detailed Scores

Amenities

  • Bus Route
  • Signalised Intersection
  • Tenant Controlled HVAC
  • Air Conditioning

Nearby Major Retailers

First Citizens Bank
Tupelo Honey
PNC Bank
Wells Fargo Home Mortgage
First Bank NC
CrossFit
Bank of America
The YMCA
Whole Foods Market
Trader Joe's

zoning

Zoning Code CBD (Central Business District)
CBD (Central Business District)
(828) 216-5101

Contact

  • Listing ID: 34394520

  • Date on Market: 07/01/2025

  • Last Updated:

  • Address: 45 Asheland Ave, Asheville, NC 28801

The Retail Property at 45 Asheland Ave, Asheville, NC 28801 is currently available for sale. Contact NAI Beverly-Hanks for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

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© 2025 CoStar Group

45 Asheland Ave - Suite 101
(828) 216-5101 x

45 Asheland Ave - Suite 101

Terry Peterson

(828) 216-5101

(828) 216-5101

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