Storage/Flex Space with Roll-Up
For Sale
Contact for pricing
14 Ohenry Avenue #110A, Asheville, NC 28801
Storage/flex suite includes a roll-up door, loading dock access, freight elevator, and shared rooftop deck.
Property Size1,939 SF
Price / SF$1.48
Days on Market105
Property Features for 14 Ohenry Avenue #110A
General Information
Standard status
Active
Size
1,939 SF
Property subtype
Warehouse/Office
Lease Type
Modified Gross
Additional Details
Highway Access
Yes
Amenities
loading dock access
vestibule
freight elevator
shared rooftop deck
Level, Paved
Public Sewer
Additional parcels description:, Parcel Number: 9649-20-6556-00000, Assessed Value: $5.7048e+06, Zoning: CBD
Concrete
Central Air
Central
Listing ID: CAR4405256, Standard Status: Active, MLS Status: Active, Property Subtype: Warehouse/Office, 6 days on market
Storage Space
Built in 1939, Living area: 1013, 1 building
County/Parish: Buncombe
Elevation: 2000
Electricity Connected, Water Source: City
Basement
Internet
Frontage Type: City Street, Interstate 1 mile or Less, Road Responsibility: Publicly Maintained Road, Road Surface: Paved
Building Details
Building Size
1,939 SF
Year Built
1939
Listing Agency:
Likewise Commercial Real Estate
Listed By:
Carla Barnard · License #286709
(828) 222-3685
Source:
Blackstreaminternational
Added: Jul 22
Changed: Nov 1
Last Checked: Nov 3 at 7:28AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This storage/flex suite offers approximately 1,013 SF within the historic Asheville Citizen-Times Building. The space includes one roll-up door and provides loading dock access, a vestibule, and a freight elevator. A shared rooftop deck is also available for tenants.
Located in downtown Asheville, the property is adjacent to the Grove Arcade and within walking distance of restaurants, retail, and business services. Regional access is described as approximately 0.5 mile from I-240 and about 3 miles from the I-26/I-40 interchange, with quick access to Patton Avenue (US 23/70) and Merrimon Avenue (US 25).
The space is offered for sale with Modified Gross terms, with tenants responsible only for internet/phone and janitorial services.
Located in downtown Asheville, the property is adjacent to the Grove Arcade and within walking distance of restaurants, retail, and business services. Regional access is described as approximately 0.5 mile from I-240 and about 3 miles from the I-26/I-40 interchange, with quick access to Patton Avenue (US 23/70) and Merrimon Avenue (US 25).
The space is offered for sale with Modified Gross terms, with tenants responsible only for internet/phone and janitorial services.
Key Highlights
- ±1,013 SF storage/flex suite in the historic Asheville Citizen‑Times Building (built 1939)
- Includes 1 roll‑up door plus convenient access to a loading dock and vestibule
- Served by a freight elevator for move‑in and storage/operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,555
Suggested Prices Based on Cap Rates
Cap Rate 5%
$131,100
$131.1K
Cap Rate 7%
$93,643
$93.6K
Cap Rate 9%
$72,833
$72.8K
Market Conditions
NOI Build-Up for 1,013 SF
Gross rent
$10.3K $10.20/SF
− Vacancy
−$248 −$0.24/SF
EGI
$10.1K $9.96/SF
− OpEx
−$3.5K −$3.48/SF
NOI
$6.6K $6.47/SF
Area
Buncombe County, NC
Vacancy
2.40%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$131,100
Cap Rate 7%
$93,643
Cap Rate 9%
$72,833
Alternative Uses
Best Use
Warehouse
$122.5K
$107.2K – $142.9K
NOI $8,572 @ 7.0% cap · market cap 571.47%
Second Best
Industrial
$100.8K
$88.2K – $117.7K
NOI $7,059 @ 7.0% cap · market cap 470.60%
Theoretical Best
Office A
$320.3K
$280.3K – $373.7K
NOI $22,423 @ 7.0% cap · market cap 1,494.87%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
5,099
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 28801, NC
15,148
Population
8,490
Households
1.8
Avg Household Size
39
Median Age
53%
College-Educated
93%
High-School Grad
5.1 sq mi
ZIP Area
2,970
Density / Sq Mi
$51,125
Median Household Income
$38,829
Median Earnings
$1,130
Median Rent
$481,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Storage/flex suite includes a roll-up door, loading dock access, freight elevator, and shared rooftop deck.
Where is this flex space located?
The property is located at 14 Ohenry Avenue #110A Asheville, NC.
What are key features of this property?
This property features: ±1,013 SF storage/flex suite in the historic Asheville Citizen‑Times Building (built 1939); Includes 1 roll‑up door plus convenient access to a loading dock and vestibule; Served by a freight elevator for move‑in and storage/operations
