29 W French Broad St - Apartments CONDO FOR SALE


Brevard, NC 28712
$1,200,000 USD
828-577-1666
29 W French Broad St, Brevard, NC for Sale
$1,200,000 USD
Apartments CONDO - FOR SALE
1/183
null | Request Cap Rate

29 W French Broad St
Brevard, NC 28712


HIGHLIGHTS

  • Three Units
  • Fully Equipped Commercial Kitchens
  • Restaurant Fixtures
  • Limited Common Element Patio
  • Event Hall

OVERVIEW

Welcome to 29 West French Broad Street Units #101, 102, and 103. Dugan's Pub has been a staple in Brevard since the early 2000s. Unfortunately, the managing owner passed away during Covid and it's time for new beginnings. With that comes the opportunity to purchase all of the class A prime real estate and fully equipped commercial kitchen with restaurant fixtures for under $200 per sq. ft. Located in the flourishing modern four-story French Broad Place. The well-built complex incorporates two floors of commercial space and two floors of luxury residential condos. The attached parking garage allocates the first-floor covered spaces accessed off French Broad Street for guests. The real estate portfolio includes three contiguous commercial units totaling 8,655 sq. ft. of interior space. In addition, the 910 sq. ft. limited common element patio is dedicated to unit 101. Dugan's Pub is located in unit 101 with the adjoining Shamrock Room occupying units 102 and 103. Please reach out to a real estate professional for questions and respect the privacy of the owner and staff. Schedule your showing today!

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$139 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

100%

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

French Broad Place Condominiums

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

41,255 SF

STORIES

4

BUILDING CLASS

A

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,450 SF

ZONING

DMU

APN/PARCEL ID

8586-51-6970-102,8586-51-6970-105,8586-51-6970-209,8586-51-6970-211

ASK ABOUT THIS PROPERTY

Paul WilanderLooking Glass Realty, LLCMore Info
828-577-1666

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Paul WilanderLooking Glass Realty, LLCMore Info
828-577-1666

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