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    53 French Broad Ave Asheville, NC 28801

    Sponsored
    For Lease
    $18 SF/Yr

    Downtown Asheville Office Suites Available

    Lot size:
    21,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional four-story, 21,000 square foot office building, constructed in 1930 and renovated in 2014, presents a unique opportunity in Asheville's vibrant Central Business District (CBD). Located at 53 S French Broad Ave, Asheville, NC 28801, this property sits on 1.6 acres and offers excellent visibility and signage on a hard corner with a traffic light. Two suites are currently available: Suite 400, a 4,098 square foot top-floor space featuring a reception area, four offices, two conference rooms, a large bullpen/cubicle area, and a breakroom

    Property Features for 53 French Broad Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,000 SF
    Total Rate
    31500

    Building Details

    Year Built/Renovated
    1930/2014
    Buildings
    1
    Stories
    4

    Unit(s) available at that property

    Space
    Unit 400
    Size
    4,098 SF
    Rate per SF
    $18
    Space
    Unit 300
    Size
    5,678 SF
    Rate per SF
    $18

    HighLights

    • 4,098 SF suite available; features reception area, 4 offices, 2 conference rooms, large bullpen, and breakroom.
    • 5,678 SF suite available; includes reception area, 14 offices, training room, and breakroom.
    • Abundant natural light with western views.
    • Ample on‑site parking.
    • High‑visibility hard corner location at S. French Broad Ave. and Hilliard Ave. with traffic signal.
    • Excellent access to I‑26, I‑240, downtown Asheville, and the River Arts District.
    Property Profile Location Intelligence

    Current Use by Public Records

    New Horizons Women's ... Cancer Treatment Center Robin A. Southecorvo, CHT Occupational Therapist Community Care of Western ... Community Health Centre Dr. David J. ... Infectious Disease Physician New horizons/Providence Imaging Radiologist

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Law Firm Wholesale Shop Spa & Massage Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Asheville
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.5595327
    Latitude
    35.5913857

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    FAQs

    What type of property is this?
    Office Property / Space - Downtown Asheville Office Suites Available
    Where is this office property / space located?
    The property is located at 53 French Broad Ave Asheville, NC.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 4,098 SF suite available; features reception area, 4 offices, 2 conference rooms, large bullpen, and breakroom.; 5,678 SF suite available; includes reception area, 14 offices, training room, and breakroom.; Abundant natural light with western views.
    Request Owner's contact information
    53 French Broad Ave Asheville, NC 28801
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    Asheville, NC 28801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    53 French Broad Ave Asheville, NC 28801
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