524 Hendersonville Rd - Freestanding FOR SALE


Asheville, NC 28803
$1,145,000 USD
828-768-7098
524 Hendersonville Rd, Asheville, NC for Sale
$1,145,000 USD
Freestanding - FOR SALE
1/3
null | 4.02% Cap Rate

524 Hendersonville Rd
Asheville, NC 28803


HIGHLIGHTS

  • Heavy Daytime Traffic
  • Room to Expand and build a Rental Home on Back Side of Property on Reed St
  • Fully Leased Building

OVERVIEW

Excellent small retail strip center on Hendersonville Rd in South Asheville. DO NOT DISTURB THE EXISTING TENANTS. $46,000 NOI. Land is split zoned with HB on the Hendersonville Rd side and RS-8 on the Reed Street side in the City of Asheville. Center is Fully Leased making this a great Investment Opportunity directly on Hendersonville Rd just before entering the Biltmore Village area. There is room to build a rental home on the back side (Reed St Side) of the property.

FOR SALE DETAILS

PRICE

$1,145,000 USD

PRICE/SF

$382 USD /SF

CAP RATE

4.02%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

HB & RS8

APN/PARCEL ID

9647-74-9874-00000

ASK ABOUT THIS PROPERTY

James WilsonPulliam PropertiesMore Info
828-768-7098

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James WilsonPulliam PropertiesMore Info
828-768-7098

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