244 Short Coxe Ave - Retail FOR SALE


Asheville, NC 28801- Downtown Asheville
$2,350,000 USD
828-424-1141
244 Short Coxe Ave, Asheville, NC for Sale
$2,350,000 USD
Retail - FOR SALE
1/36
null | Request Cap Rate

244 Short Coxe Ave
Asheville, NC 28801
Downtown Asheville


HIGHLIGHTS

  • Freestanding Commercial Building in Prime South Slope Location
  • On-Site Parking with Excess Acreage
  • Central Business District (CBD) Zoning
  • Fully Leased: 4 Tenants, NNN Leases with Annual Increases
  • Generating approx. $150k annually (2025)
  • Close Proximity to Downtown, River Arts District, Mission Hospital and future Novant Health facility

OVERVIEW

DPA is pleased to present 244 Short Coxe Avenue, a fully leased multi-tenant commercial building in downtown Asheville’s South Slope (Central Business District). Built in 1930 and extensively renovated with modern amenities, the 6,800 square feet building is subdivided into 4 commercial units. Prominently fronting Short Coxe Avenue, the building is anchored by a full service café and bakery (Suite 110) and a beauty salon (Suite 120). The lower portion of the building features a vintage clothing/tattoo retail shop (Suite 130), an artist studio (Suite 140), and excess outdoor space. Please reach out to broker for additional information. Do not disturb Tenants.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$346 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CBD

APN/PARCEL ID

9648-37-9337-00000,9648-37-9388-00000

ASK ABOUT THIS PROPERTY

Tim BramleyDewey Property AdvisorsMore Info
828-424-1141

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Tim BramleyDewey Property AdvisorsMore Info
828-424-1141

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