3 Orchard Pl - Office FOR SALE


Asheville, NC 28801- North Downtown
$725,000 USD
828-548-0090
3 Orchard Pl, Asheville, NC for Sale
$725,000 USD
Office - FOR SALE
1/22
null | Request Cap Rate

3 Orchard Pl
Asheville, NC 28801
North Downtown


HIGHLIGHTS

  • Great Value-Add or Owner/User Opportunity
  • Major Upside Potential for Redevelopment
  • Total Combined Lot Size: 0.27 Acres
  • Total Combined Building Square Footage: 1,870 SF
  • Prime Downtown Asheville Business Location, Directly off I-240

OVERVIEW

Rare opportunity to own a strategically positioned portfolio of three commercial properties in the Central Business District of Downtown Asheville! Ideal for investors, owner-users, or developers, this offering includes two Orchard Place addresses and a commercial suite on Central Avenue, each with distinct potential and long-term value. Property 1: 77 Q Central Avenue, Suite H Size: 1,102 SF | Lot: 0.08 Acres This versatile commercial suite is offered in shell condition, providing a blank canvas for a wide variety of uses. Whether for retail, office, or specialty space, this property is primed for transformation. • Shell condition with easy upfit potential • No HOA Restrictions • Parking: Negotiable, to be determined during purchase agreement An excellent opportunity for a buyer seeking customization in a well-located Asheville corridor. Property 2: 3 Orchard Place Size: 768 SF | Lot: 0.09 Acres Fully renovated and move-in ready, this charming property is ideal for office, house, boutique retail, or professional services. It sits just steps away from Asheville’s bustling core, offering excellent visibility and accessibility. • Renovated structure with immediate usability • Prime opportunity for a small business to operate, or investor seeking rental income • Also can serve as a residential property / rental property Property 3: 5 Orchard Place Size: 958 SF | Lot: 0.10 Acres This property has a structure, but the highest and best use is likely to redevelop the parcel. Whether rebuilding a new structure or converting the lot into dedicated parking for 3 & 77, the flexibility of this property supports a range of value-add strategies. • Potential to support and enhance the usability of the adjacent Orchard Place properties • Ideal for infill development or owner-user expansion Don't miss this chance to acquire a multi-property footprint in one of Asheville’s most desirable and rapidly growing areas. This portfolio provides both immediate usability and long-term upside through redevelopment or repositioning.

FOR SALE DETAILS

PRICE

$725,000 USD

PRICE/SF

$388 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1919

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

O2

APN/PARCEL ID

9649-52-4516-00000

ASK ABOUT THIS PROPERTY

Scott Raines, CCIMDewey Property AdvisorsMore Info
828-548-0090

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Scott Raines, CCIMDewey Property AdvisorsMore Info
828-548-0090

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