160 & 164 Broadway St - Light Manufacturing FOR SALE


Asheville, NC 28801
$5,900,000 USD
330-718-3311
160 & 164 Broadway St, Asheville, NC for Sale
$5,900,000 USD
Light Manufacturing - FOR SALE
1/76
null | Request Cap Rate

160 & 164 Broadway St
Asheville, NC 28801


HIGHLIGHTS

  • High visibility location.
  • Walkable downtown Asheville.
  • Highly flexible structure and floorplan.

OVERVIEW

An incredible opportunity to own 160 and 164 Broadway St. with two parking lot parcels in downtown Asheville, the longtime location of the Moog Music headquarters. The existing tenant will be relocating creating an opportunity to occupy or invest in this property. Both buildings went through a significant renovation project and offer a highly flexible interior suitable for a variety of uses. 160 Broadway offers +-17,660GSF on two levels currently being utilized for a combination of modern office and manufacturing. This building offers high visibility from Broadway St, Merrimon Ave, and I-240. 164 Broadway offers +-12,000GSF over two levels, the first floor being utilized as flex warehouse and the second floor as modern office. These two buildings are currently internally connected with shared elevator service and are turn key for a single user, or they could be separated to allow each building or floor to be leased independently. See offering Memorandum for more details. These buildings are also offered for lease. These buildings are also offered as part of a larger portfolio sale. Reach out for more information. This property did not receive any notable damage from Helene and is available immediately.

FOR SALE DETAILS

PRICE

$5,900,000 USD

PRICE/SF

$199 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

ADD'L SUBTYPES

Freestanding, Manufacturing, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1919

UTILITIES

Water - City, Sewer - City

CLEAR CEILING HT

-

DOCKS

2

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14

LAND SF

6,098

ZONING

NCD

APN/PARCEL ID

9649-32-5289-00000,9649-32-5328-00000,9649-32-5344-00000,9649-32-5401-00000

ASK ABOUT THIS PROPERTY

Jim DavisNAI Beverly-HanksMore Info
330-718-3311

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Jim DavisNAI Beverly-HanksMore Info
330-718-3311

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.