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| MLS # |
Price |
BR |
BA |
Sqft |
Acres |
Year Built |
$/Finished Sqft |
| 3788837 |
$975,000 |
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3,793 |
0.27 |
1944 |
$257.00 |
| Area Statistics (All listings < 5 mile) |
| # |
Avg Price |
Min Price |
Max Price |
Avg Sqft |
Avg Acres |
$/Finished Sqft |
| 12 |
$514,437 |
$1,915 |
$1,975,000 |
6,001 |
0.52 |
$71.98 |
A fantastic investment opportunity right in the heart of the quickly growing Northern section of Sweeten Creek Rd. A very short distance from Biltmore Village, this area has seen many adaptive reuse projects taking place including this property. Secure tenant on a Net lease in place with a unique concept definitively Asheville. The front half of the building the tenant operates as a Yoga Studio while the rear portion is an off leash dog friendly bar with a roll up door and outdoor seating and play area. The tenant is currently on a three year lease with two options to renew at three years each and 2.5% rent increases each year. The current Net lease places this at a 7% cap. Significant renovations and buildout took place on the building in 2020. Contact listing broker for all showings, do not disturb tenant.
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| Type |
Description |
| Business Type | Commercial | | Docs On File | Brochure, Floor Plan, Investment Analysis, Survey | | Floors | 1 | | Street | Road | | Utilities | Cable Available, City Sewer, City Water, Electricity Available, Fiber Optics, Natural Gas Available, Telephone On-Site |
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Listing provided by: NAI Beverly-Hanks
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