68 Asheland Ave, Asheville, NC 28801-3246
This exceptional single-tenant retail property, located at 68 Asheland Avenue in Asheville, North Carolina, offers 10,780 square feet of space in a prime Central Business District (CBD) location. The building, constructed in 1973 and renovated in 2003, sits on a 0.31-acre lot and is currently fully vacant, presenting a unique opportunity for a prospective tenant. The property's single-story design provides convenient access and ample space for a variety of retail uses. The zoning designation, CBD – Central Business District, indicates its suitability for a wide range of commercial activities. The property's address is 68 Asheland Ave, Asheville, NC 28801, within Buncombe County. Its convenient location within the bustling Asheville CBD offers high visibility and accessibility to a large customer base. The entire 10,780 square feet is available for lease, providing significant space for a substantial retail operation. This property represents a rare opportunity to establish a prominent retail presence in a thriving downtown Asheville location. The building's 2003 renovation ensures modern amenities and functionality, minimizing the need for immediate capital improvements. Interested parties should inquire promptly to secure this exceptional retail space.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
DEED DATE: 11/12/2010 DEE · Asheville, NCAsheville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.