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99 New Leicester Highway

Asheville, NC 28806
  • $1,050,000
  • STATUS: Active Under Contract
  • ON SITE: 66 Days
  • ID#: 3806648
Under Contract
UPDATED: 63 min ago
$1,050,000
  • 0
    BEDS
  • 0.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1974
County:
Area:

School Ratings & Info

Offered by Carla & Company Real Estate Services. Copyright 2022 Canopy MLS. All rights reserved.

Description

Investment Opportunity! This building and site were completely upgraded in 2018 with new plumbing, electrical, mechanical, roof, parking lot and landscaping. There are 2 stable tenants in place with leases expiring in 2023 - each with renewal options. Property features 150 FT of road frontage at a highly visible, corner location on a busy highway with 32,000 vehicles per day. Conveniently located less than 10 minutes to Downtown Asheville and easy access to I-240, I-40 and I-26. Zoned Highway Business and surrounded by many supportive businesses, residential neighborhoods and multi-family communities. Leases are not NNN, so Landlord pays some property expenses. Being sold at 5.6% CAP. Contact Broker for more financial information.

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Based on information submitted to the MLS GRID as of 2022-01-28T06:33:58.92 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Keller Williams Professionals nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2022 Canopy MLS.

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99 New Leicester Highway Asheville, NC 28806

  • Price: $1,050,000
  • Status: Active Under Contract
  • On Site: 66 Days
  • Updated: 63 min ago
  • ID#: 3806648
0
Beds
0
Baths
0
½ Baths
0.6
Acres
1974
Built
County:
Buncombe
Area:
Asheville
Property Description
Investment Opportunity! This building and site were completely upgraded in 2018 with new plumbing, electrical, mechanical, roof, parking lot and landscaping. There are 2 stable tenants in place with leases expiring in 2023 - each with renewal options. Property features 150 FT of road frontage at a highly visible, corner location on a busy highway with 32,000 vehicles per day. Conveniently located less than 10 minutes to Downtown Asheville and easy access to I-240, I-40 and I-26. Zoned Highway Business and surrounded by many supportive businesses, residential neighborhoods and multi-family communities. Leases are not NNN, so Landlord pays some property expenses. Being sold at 5.6% CAP. Contact Broker for more financial information.
Exterior Features

Construction Materials MetalStone Construction Type Site Built Other Parking 15 Parking Spaces Plus 1 Handicap. AdditionalUnmarked Parking Available. Parking Total 16 Road Frontage Type HighwayPaved RoadHighway Road Responsibility Public Maintained Road Roof Metal Structure Type Fstan/Ret

Interior Features

Cooling Other Flooring ConcreteLaminateTile Heating Natural GasOther

Property Features

Accessibility Features Two Or More Access ExitsExterior Curb CutsHandicap ParkingMobility Friendly Flooring CCRSubject To Undiscovered Commercial Location Description CornerFreestanding Documents Aerial PhotoBrochureFloor PlanPlatRent RollTax Information Elevation 2000 Flood Plain No Hoa Subject To None Inclusions BuildingLand Inside City YN Yes Listing Agreement Exclusive Right To Sell Listing Terms CashConventional New Construction YN No Number Of Units Leased 2 Number Of Units Total 2 Possible Use Commercial Property Sub Type Commercial Property Sub Type Secondary Retail Restrictions Other - See Media/Remarks Restrictions Description Hb Zoning Special Listing Conditions Subject To Lease Transaction Type For Sale Utilities Cable AvailableCity SewerCity WaterElectricity AvailableNatural Gas AvailableTelephone On-Site Zoning Description Hb



Based on information submitted to the MLS GRID as of 2022-01-28T06:33:58.92 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Keller Williams Professionals nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2022 Canopy MLS.

Digital Millennium Copyright Act
 
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Keller Williams Professionals
86 Asheland Avenue
Asheville NC, 28801
Offered by Carla & Company Real Estate Services. Copyright 2022 Canopy MLS. All rights reserved.