Listing Agency: Likewise Commercial Real Estate Show Phone

Listed By: Stacy Wheeler · License #307871 Show Phone

Source: Exprealty

Added: Nov 8, 2023 Changed: Sep 2 Last Checked: Sep 6 at 1:12PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Likewise Commercial Real Estate

Investment Insights

Based on property information with market context.

This property offers warehouse and flex space within a historic 60,000 SF warehouse that has been adapted as a community hub. Available commercial space ranges from 1,500 to 20,000 SF and includes a modern look, high ceilings, abundant outdoor areas, and ample parking. A 14 FT drive-in door supports loading and operations.

Located in downtown Old Fort in the Blue Ridge Mountains, the property is described as being about 30 minutes from Asheville and provides easy access to existing businesses. The surrounding development effort includes the Catawba Vale Collaborative and related partners, with an emphasis on revitalizing rural economic development and supporting activities connected to outdoor industries.

Key Highlights

• Historic 60,000 SF warehouse in downtown Old Fort
• Flexible commercial space range of 1,500 to 20,000 SF
• 14‑ft drive‑in door and high ceilings

Property Analytics

Property Profile

Current Use

Shell Recharge Charging ... Electric Vehicle Charging Station

Suggested Use

Top Pick HVAC Service Building Supply Furniture & Home Goods Pharmacy Florist Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$1.05 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

210

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 28762, NC

6,661

Population

3,544

Households

1.9

Avg Household Size

46

Median Age

18%

College-Educated

91%

High-School Grad

95.5 sq mi

ZIP Area

70

Density / Sq Mi

$52,269

Median Household Income

$38,920

Median Earnings

$757

Median Rent

$176,300

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the lease rate? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Flex space - Available warehouse and flex space features a 14‑ft drive-in door, high ceilings, outdoor areas, and ample parking.

Where is this flex space located?

The property is located at 96 Commerce St Old Fort, NC.

What is the lease rate?

The lease rate is $7 SF/Yr.

What are key features of this property?

This property features: Historic 60,000 SF warehouse in downtown Old Fort; Flexible commercial space range of 1,500 to 20,000 SF; 14‑ft drive‑in door and high ceilings