Property profile

164 Broadway St Asheville, NC 28801

OFF-MARKET
Retail space
Property ID
US53-0744559
11,552 SF 0.14 ac lot Built 1919
Trust Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 6,000 square foot office space, located at 164 Broadway Street, Suite B in downtown Asheville, presents a unique opportunity. Previously occupied by Moog Music, this recently renovated second-floor space is part of a historically significant building complex undergoing a major renovation. The modern interior offers high flexibility, ideal for a variety of office uses. The space boasts elevator access and is connected to another building within the complex, sharing elevator and restroom facilities. The total building size is 12,000 square feet, situated on a 0.14-acre lot, and constructed in 1919. The property features one building with an elevator. On-site parking is available, and the space is immediately available for occupancy. The zoning is NCD. The property's Assessor's Parcel Number (APN) is 9649-32-5344-00000. Utilities are included in the rent; however, tenants will be responsible for typical Net, Net, Net (NNN) pass-through expenses. This single-tenant space offers a blend of historic charm and modern functionality in a vibrant downtown location. Don't miss this chance to secure a prime office space in the heart of Asheville.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1919
Construction BRICK
Total area 11,552 SF
Lot 0.14 ac (6,098 SF)
Zoning code DEED DATE: 05/18/2010 DEE
APN 9649-32-5344-00000
UPID US53-0744559

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

164 Broadway St Asheville, NC 28801
Asheville metro Census 600 ASHEVILLE, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$710k

Owner & transaction history

since 2026
Last sale
$9.0M
6 recorded transactions
2026
Price N/A
2026
$9.0M
2010
Price N/A
2010
$700,000
2009
$2.5M
1969
Price N/A

Zoning & alternative use

DEED DATE: 05/18/2010 DEE · Asheville, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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