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.
MLS # | 4247929 |
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Listing Type | For Lease |
Style | Office Building |
Sub-Type | Resale |
Status | Active |
Year | 2002 |
Days On Site | 63 |
Listing Provided By | Likewise Commercial Real Estate | Carla Barnard |
Bath(s) | 2 |
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SQ Feet | 3,900 |
Story(s) | 1 |
Building(s) | 1 |
Zoning | CI |
Acreage | 1.05 |
Cooling | Central Air |
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Heating | Central |
Roof | Metal |
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Construction Materials | Brick Full |
Parking Features | Parking Lot, Parking Space(s) |
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Utilities | Electricity Connected |
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Property | 350000 |
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State | NC |
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County | Buncombe |
City | Asheville |
Zip Code | 28806 |
Area | Buncombe |
Listing VS Median (in 28806) | |
Price: $695,000 low | high Med: $479,450 SqFt: 3,900 low | high Med: 1,112 $ / SqFt: $178 low | high Med: $432 On site: 63 low | high Med: 123.000000 |