(828) 210-3898
info@dwellavl.com
$1,745,000
For Sale

53 Asheland Avenue

Asheville, NC 28801
#4166329
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

Passive investment opportunity in downtown Asheville! This fully-leased condo portfolio is located in the heart of the thriving South Slope, and boasts abundant parking, secure and zero grade entry, and strong monument sign visibility on Asheland Avenue and Grove Street. Attractive long-term leases include the State of NC (Mountain Area Workforce Development Board), and the non-profit Buncombe County Partnership for Children.
Condos 102A, 104, and 105 are offered together at a 7.78% capitalization rate on blended and stabilized net rent. Contact List Agents for additional information about this clean investment sale opportunity!
Suites 104/105 Virtual Tour: https://youriguide.com/suite_105_53_asheland_ave_asheville_nc/
Suite 102A Virtual Tour: https://youriguide.com/suite_102a_53_asheland_ave_asheville_nc/
Associated PINs: 9648297342C002A, 9648297342C0104, 9648297342C0105

  • Property Details
      • Parking FeaturesParking Lot, Parking Space(s)
      • Parcel NumberMultiple - See Remarks
      • Utility FeaturesOther - See Remarks
      • Sewer InformationPublic Sewer
      • CoolingCentral Air
      • Cooling FeaturesCentral Air
      • Original List Price$1,795,000
      • Property TypePurchase
      • CountyBuncombe
      • MLS #4166329
      • Cost1745000
      • MLS #4166329
      • Property SubtypeOffice
      • Lot FeaturesLevel
      • Lot DescriptionLevel
      • Year Built1970
      • FoundationSlab
      • RoofFlat
      • Utility SourceCity
      • ZoningCBD
      • Days on Market (Cumulative)384

Location

Legal

Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2025-09-03 14:26:05. 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. Some IDX listings have been excluded from this website.

Last Updated: . Source: CANOPY

Listing Courtesy
Listing Agent: Chris Gragtmans (#CARgragtmans), Email: chris.gragtmans@kw.com
Listing Office: Keller Williams Professionals (#CARNCM12570)

Dwell Realty GroupReal Estate Group
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    ​Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2025-09-05 13:47:38. 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. Some IDX listings have been excluded from this website.