149 New Leicester Hwy - Office FOR SALE


Asheville, NC 28806- West Asheville
$1,690,000 USD
828-222-3685
149 New Leicester Hwy, Asheville, NC for Sale
$1,690,000 USD
Office - FOR SALE
1/43
null | 6% Cap Rate

149 New Leicester Hwy
Asheville, NC 28806
West Asheville


HIGHLIGHTS

  • Investment opportunity on a major West Asheville commercial corridor.
  • ±6,740 SF purpose-built medical facility with flexible layout.
  • Leased to an established regional physical therapy and sports medicine practice.
  • Stable income-producing asset offered at a 6% CAP Rate.
  • Situated on ±1.78 acres with 346 feet of road frontage and HB zoning.
  • Excellent visibility and access, just minutes from downtown Asheville and major interstates.

OVERVIEW

Attractive investment opportunity along one of West Asheville's primary commercial corridors. This 6,740 SF purpose-built facility was designed for a full-service physical therapy practice and offers a highly functional layout adaptable to a variety of medical, wellness, professional office, or service-oriented users. The property is currently leased to a successful, regional physical therapy and sports medicine practice, providing stable cash flow for an investor at a 6% CAP Rate. Situated on 1.78 Acres, zoned HB (Highway Business) and featuring 346 feet of road frontage, this site provides outstanding visibility, signage and convenient access for the community, ensuring success for the Tenant-occupant. Ideally located just minutes from downtown Asheville, the property enjoys quick access to I-240 (approximately 3 miles), I-26 (approximately 4 miles), and I-40 (approximately 6 miles), allowing seamless connectivity throughout Western North Carolina. This well-maintained asset presents an excellent investment opportunity in a growing commercial market.

FOR SALE DETAILS

PRICE

$1,690,000 USD

PRICE/SF

$251 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

149 New Leicester Hwy, Asheville, NC 28806

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

49

LAND DETAILS

LAND ACRES

1.78 AC

LAND SF

77,537 SF

ZONING

HB

APN/PARCEL ID

9629-70-5266-00000,9629-70-7223-00000

ASK ABOUT THIS PROPERTY

Jessica Auge, CCIMLikewise Commercial Real EstateMore Info
828-222-3685

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Jessica Auge, CCIMLikewise Commercial Real EstateMore Info
828-222-3685

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.