$695,000
( $178.21Per Sq Foot )
 $3,946 est/mo Sourced by Back At You

786 Dogwood Road,Asheville, NC 28806

Asheville, NC 28806

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Description

This is a rare opportunity to acquire a well-maintained 3,900 SF office building in Asheville, NC, offering immediate income and long-term upside. Currently leased (Gross Lease) to a North Carolina State department, the property benefits from stable tenancy with a scheduled rent increase in September 2025. Positioned just minutes from I-26, the property boasts excellent accessibility and convenience, making it attractive for a wide range of future uses or tenants. The site also features on-site parking and/or potential use as a lay-down yard, offering flexible functionality for various business needs. This asset is perfect for investors seeking predictable cash flow today with significant appreciation potential in the future. Whether you’re looking to hold for income or reposition down the line, this property offers both security and upside in one of Western North Carolina’s most dynamic markets.

Details

MLS #4247929
Listing TypeFor Lease
StyleOffice Building
Sub-TypeResale
StatusActive
Year2002
Days On Site63
Listing Provided ByLikewise Commercial Real Estate | Carla Barnard

Features

Bath(s)2
SQ Feet3,900
Story(s)1
Building(s)1
ZoningCI
Acreage1.05

Interior

CoolingCentral Air
HeatingCentral

Exterior

RoofMetal
Construction MaterialsBrick Full

Parking

Parking FeaturesParking Lot, Parking Space(s)

Utilities

UtilitiesElectricity Connected

Taxes

Property350000

Market Activity 28806

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 Listings courtesy of Canopy Realtor® Association as distributed by MLS GRID.

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Learn More About This Property

StateNC
CountyBuncombe
CityAsheville
Zip Code28806
AreaBuncombe
Listing VS Median (in 28806)
Price:
$695,000
low | high
Med:
$479,450
81.014388489209% of Average
SqFt:
3,900
low | high
Med:
1,112
100% of Average
$ / SqFt:
$178
low | high
Med:
$432
92.281709951367% of Average
On site:
63
low | high
Med:
123.000000
51.219512195122% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $521K - $868K
SqFt: 2,500 - 4,500
Listing Updated: June 19, 2025 at 3:57:27 PM PDT