157 S Lexington Avenue,Asheville, NC 28801
Asheville, NC 28801
Description
Downtown Asheville Investment | 7.7% Cap Rate | $1,125,000 Premier office investment in Asheville’s South Slope, fully leased with in-place income and a 7.7% cap rate at $1,125,000 ($241/SF). Ideal for investors or owner-users: Suite D (936 RSF) is leased short-term and will vacate upon execution of a new lease. Offered for lease at $27.50/SF ($2,145/month). The property totals 4,663 RSF across 8 suites with Class A finishes, hardwood floors, large windows, shared restrooms, kitchen/break area, and patio access in select units. Strong tenant mix and prime location steps from breweries, restaurants, and downtown amenities.
Details
| MLS # | 4213325 |
|---|---|
| Listing Type | For Sale |
| Style | Office Building |
| Sub-Type | Resale |
| Status | Active |
| Year | 2007 |
| Days On Site | 148 |
| Listing Provided By | Whitney Commercial Real Estate | James Harrison |
Features
| Bath(s) | 2 |
|---|---|
| SQ Feet | 4,663 |
| Story(s) | 3 |
| Building(s) | 1 |
| Zoning | CBD |
| Acreage | 0.92 |
Other
| List Aor | Land of The Sky Association of Realtors |
|---|
Taxes
| Property | 762800 |
|---|
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Learn More About This Property
| State | NC |
|---|---|
| County | Buncombe |
| City | Asheville |
| Zip Code | 28801 |
| Area | Buncombe |
