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    OFF-MARKET
    Office Spaces

    16 Biltmore Ave, Asheville, NC 28801

    33,200 SF 0.23 ac lot Built 1988
    Property ID
    Property summary
    AI-generated overview

    This exceptional three-story office building, totaling 33,200 square feet, is situated in the heart of downtown Asheville, North Carolina, at 16 Biltmore Avenue (zip code 28801). Built in 1988 and renovated in 2015, the property offers a variety of office spaces suitable for executive, creative, or traditional office uses. Currently, one suite of 9,262 square feet is available for lease. The building features efficient layouts, high-end finishes, and 8-foot ceilings. Convenient access to the adjacent Pack Square parking garage ensures easy parking for employees and clients. On-site property management and a full-time maintenance staff provide exceptional service. The building is zoned CBD (Central Business District) and sits on a 0.23-acre lot in Buncombe County (APN 9649404182). The full-service lease rate includes common area maintenance (CAM), utilities, janitorial services, and repairs/maintenance, offering competitive pricing and a hassle-free experience. This turnkey property offers immediate occupancy and is steps away from Asheville's finest restaurants, shops, and cafes. The building includes elevators for easy access to all three floors.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1988
    Total area 33,200 SF
    Lot 0.23 ac (10,019 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • ProRoofing - Asheville Roofing Company General Contractor
    • Accounting Biz LLC Accounting Firm Tax Preparation
    • Tom Goins: Allstate Insurance Insurance Agency
    • Lena D'Giulia - Lena DG Homes Real Estate Agency
    • Geriatric Business Administration Service
    Value estimations
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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