323 Broadway StreetAsheville, NC 28801Sale Price: $2,100,000

  • Sale Price: $2,100,000
  • 246 Days Since Sale
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Federal 30-year interest rate: 6.72% last updated on Oct 31, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,490,000List Price
  • 0.18Acreage
  • 9,079Square Feet

Listing Tools

Mixed-use income producing property in the vibrant Five Points neighborhood on Broadway. This newly constructed property (2020) features two commercial shells with street visibility that can be customized to suit the needs of the tenant/owner. Just a short walk from downtown Asheville's lively bars and restaurants as well as located on the Reed Creek Greenway, providing easy access to outdoor recreation. The property includes four professionally managed and fully furnished vacation rentals, each with two bedrooms and two bathrooms. The units feature high-end finishes and private balconies. Furnishings and equipment convey with the sale. Guests can relax on the luxurious outdoor rooftop lounge with stunning mountain and downtown Asheville views. The property also includes off-street parking with 10 parking stalls. The elevator services all four levels. This is an excellent opportunity to own prime downtown Asheville income producing property.

More Info

Basic Information

  • ForeclosureN
  • List Price$2,490,000
  • MLS NumberCAR4014115
  • MLS StatusClosed
  • Property SubTypeBUSINESS
  • Sale Date03/06/2024
  • Sale Price$2,100,000

Interior

  • Flooring Concrete, Tile, Vinyl, Wood

Utilities

  • Cooling Total
  • Heating Total Area
  • Sewer Public Sewer
  • Utilities Cable Connected, Electricity Connected, Gas, Phone Connected, Wired Internet Available

Tax Information

  • Taxes$2,094,900

Building

  • Square Feet9,079
  • Year Built2020

Property

  • Acreage0.18
  • Parking Spaces10
  • Water Source City
  • ZoningNCD

Exterior

  • Roof Concrete, Flat, Metal, Rubber

Amenities

  • ViewCity

Location

  • Building Number323
  • CountyBuncombe
  • Cross Street Magnolia
  • Directions From DT AVL, go ~ .3 of a mile on Broadway from the I-240 bridge. Property is on the left, on the corner of Magnolia and Broadway. From UNC-A exit on I-26, go ~1.1 miles toward DT AVL, and subject property will be on the right on the corner of Broadway and Magnolia.
  • StateNC
  • StreetBroadway Street
  • Zip28801

Property Information

  • Construction Materials Hard Stucco
  • Inclusions Business, Equipment, Fixtures

Other

  • View Count23

Map Location

Driving Directions

Listed by Karl Nelson of NAI Allen Tate Beverly-Hanks Commercial (knelson@naibeverly-hanks.com)

Listing Sold by NAI Allen Tate Beverly-Hanks Commercial

Broker Reciprocity © 2024 Listings courtesy of Canopy MLS as distributed by MLS GRID. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The IDX data is deemed reliable but is not guaranteed by MLS GRID and may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS.  Based on information submitted to the MLS GRID as of November 6, 2024 12:20 PM EST . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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