Property profile

34 Ann St Asheville, NC 28801

OFF-MARKET
Office buildings
Property ID
US53-0291545
1,520 SF 0.2 ac lot Built 1986
Individually Owned 10-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 1,550 square foot office space presents a rare opportunity in Asheville's vibrant Central Business District (CBD). Located at 34 N Ann St., this single-tenant property boasts a highly desirable location directly across from two planned hotel developments, promising increased foot traffic and enhanced amenities in the near future. The building, constructed in 1986, sits on a 0.2-acre lot and is zoned for CBD use (APN: 9649-10-7209-00000, Buncombe County). Security is enhanced by a fully fenced perimeter and a dedicated parking lot – a significant advantage in the heart of downtown. The interior features numerous private offices, ideal for a variety of business configurations, complemented by a spacious kitchen/breakroom area for employee convenience. The property's flexible layout suits traditional, creative, or medical office uses. Its central location and immediate availability offer unparalleled convenience. Importantly, this property was unaffected by the flooding from Hurricane Helene, providing long-term tenants with peace of mind. This is a truly exceptional opportunity to establish your business in a thriving downtown Asheville location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1986
Construction WOOD FRAME
Total area 1,520 SF
Lot 0.2 ac (8,712 SF)
Zoning code DEED DATE: 10/01/2015 DEE
APN 9649-10-7209-00000
UPID US53-0291545

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Crisis Center Medical Clinic
  • Gym & Fitness Center
  • Engineer
  • Physician
  • Counselor Social Worker

Location

34 Ann St Asheville, NC 28801-2613
Asheville metro Census 900 ASHEVILLE, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2015
2 recorded transactions
2015
$283,000
2002
$204,000

Zoning & alternative use

DEED DATE: 10/01/2015 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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