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Office Suite with Private Offices
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46 Haywood Street #201, Asheville, NC 28801

A central work area is complemented by dedicated rooms for meetings and storage.

Property Size1,917 SF
Days on Market4

Property Features for 46 Haywood Street #201

General Information

Standard status Active
Size 1,917 SF
Property subtype Office

Additional Details

Property Use Office

Amenities

Private
Flat
Public Sewer
Additional parcels description:, Parcel Number: 9649-30-2795-00000, Assessed Value: $5.2792e+06
Listing ID: CAR4439054, Standard Status: Active, MLS Status: Active, Property Subtype: Office
Other Parking: Four parking spots are available on-site for $100/mo/ea.
Built in 1917
County/Parish: Buncombe
Electricity Connected, Fiber Optics, Wired Internet Available, Water Source: City
Internet
Road Responsibility: Publicly Maintained Road, Road Surface: Concrete

Building Details

Building Size 1,917 SF
Year Built 1917
Listing Agency: FIRC Group NC, Inc.
Listed By: Mariah Richardson
Source: Blackstreaminternational
Added: Oct 29 Changed: Oct 30 Last Checked: Oct 30 at 2:44PM

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 FIRC Group NC, Inc.

Rey
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Investment Insights

Based on property information with market context.

The office suite has a main work area, two separate private offices, and a large storage room. The layout also supports reception or collaborative work in the central space.

At 46 Haywood Street in downtown Asheville, the property is within walking distance of cafes, restaurants, and local amenities. The building dates to 1917.

Key Highlights

  • Two private offices alongside a central work area
  • Large storage room
  • Located at 46 Haywood Street in downtown Asheville, within walking distance of cafes and restaurants

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,567
Suggested Prices Based on Cap Rates
Cap Rate 5%
$711,340 $711.3K
Cap Rate 7%
$508,100 $508.1K
Cap Rate 9%
$395,189 $395.2K
Market Conditions
NOI Build-Up for 1,917 SF
Gross rent
$48.5K $25.32/SF
− Vacancy
−$1.1K −$0.58/SF
EGI
$47.4K $24.74/SF
− OpEx
−$11.9K −$6.18/SF
NOI
$35.6K $18.55/SF
Area
Buncombe County, NC
Vacancy
2.30%
Lease Rate
$25.32 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$711,340
Cap Rate 7%
$508,100
Cap Rate 9%
$395,189

Alternative Uses

Best Use
Office B
$508.1K
$444.6K – $592.8K (±1% cap)
NOI $35,567 @ 7.0% cap · market cap 936.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$606.2K
$530.4K – $707.2K (±1% cap)
NOI $42,433 @ 7.0% cap · market cap 1,117.83%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Wells Construction Group Construction Company Applied Solutions Group, ... (Bike/Boat/Book/etc) Store BECK Digital | Asheville Marketing & Advertising News Talk Fifty ... Television Studio Law Office of Joel ... Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Butcher Storage Facility Tanning Salon Clothing & Fashion Store

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

Location Intelligence

Trade Area within ½ mile

5,099
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A central work area is complemented by dedicated rooms for meetings and storage.
Where is this office unit located?
The property is located at 46 Haywood Street #201 Asheville, NC.
What are key features of this property?
This property features: Two private offices alongside a central work area; Large storage room; Located at 46 Haywood Street in downtown Asheville, within walking distance of cafes and restaurants
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