99999 Broadway St Asheville, NC 28804

Property Details for 99999 Broadway St

Lot size

0.09 lot acres

Zone code

DEED DATE:11/08/2016 DEED

Property type

Parking lots & garages

APN

9649-40-3749-00000

APU

964940374900000

Description

This exceptional mixed-use investment opportunity presents a rare chance to acquire nearly an entire city block in the heart of Asheville, North Carolina. Spanning almost two acres at 99999 Broadway St, this portfolio comprises nine parcels and seven buildings, totaling 53,909 square feet. Four of the buildings have undergone complete renovations, offering a blend of existing infrastructure and potential for further development. The property is zoned NCD (exact zoning designation to be verified independently) and boasts a rich history as the long-time home of Moog Music headquarters. The current tenant's relocation creates a unique opportunity for owner-occupancy or investment. The asking price is $9,900,000, translating to $183.64 per square foot. Built in 1919, this property presents a compelling proposition for investors, users, and developers seeking a significant presence in Asheville's vibrant downtown core. The property's size and location offer substantial redevelopment potential, allowing for a variety of uses within the existing zoning parameters. Detailed information, including building specifications and further zoning details, is available in the offering memorandum. This is a truly unique opportunity to acquire a substantial and historically significant property in a thriving urban environment. The property's scale and diverse building stock provide flexibility for a wide range of development scenarios. Serious inquiries are encouraged to review the complete offering memorandum.