53 Asheland Avenue, Asheville, NC 28801
- $1,698,750
Listing courtesy of Keller Williams Professionals. chris.gragtmans@kw.com
Sold listing courtesy of Canopy Administration
- Sold Price
- $1,698,750
- List Price
- $1,745,000
- MLS#
- 4166329
- Status
- CLOSED
- Days on Market
- 502
- Property Type
- Commercial Sale
- Year Built
- 1970
- Closing Date
- Dec 15, 2025
- County
- Buncombe
- Special Conditions
- None
- Waterfront Features
- None
Property Description
Passive investment opportunity in downtown Asheville! This fully-leased condo portfolio is located in the heart of the thriving South Slope, and boasts abundant parking, secure and zero grade entry, and strong monument sign visibility on Asheland Avenue and Grove Street. Attractive long-term leases include the State of NC (Mountain Area Workforce Development Board), and the non-profit Buncombe County Partnership for Children. Condos 102A, 104, and 105 are offered together at a 7.78% capitalization rate on blended and stabilized net rent. Contact List Agents for additional information about this clean investment sale opportunity! Suites 104/105 Virtual Tour: https://youriguide.com/suite_105_53_asheland_ave_asheville_nc/ Suite 102A Virtual Tour: https://youriguide.com/suite_102a_53_asheland_ave_asheville_nc/ Associated PINs: 9648297342C002A, 9648297342C0104, 9648297342C0105
Additional Information
- Foundation
- Slab
- Heating
- Electric, Natural Gas
- Water
- City
- Sewer
- Public Sewer
- Exterior Construction
- Hard Stucco
- Roof
- Flat
- Parking
- Parking Lot, Parking Space(s)
- Driveway
- Paved
- Lot Description
- Level
- Construction Type
- Site Built
- Zoning
- CBD
Mortgage Calculator
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