5 Doctors Park - Medical CONDO FOR SALE


Asheville, NC 28801- East End
$324,500 USD
864-915-5780
5 Doctors Park, Asheville, NC for Sale
$324,500 USD
Medical CONDO - FOR SALE
1/45
null | 7% Cap Rate

5 Doctors Park
Asheville, NC 28801
East End


HIGHLIGHTS

  • Close proximity to Mission Hospital.
  • Great location for practitioners seeking referral proximity and patient convenience.
  • This property is one of Asheville's most recognized professional medical buildings.

OVERVIEW

Rare opportunity to acquire a fully built-out medical office condominium in the heart of Asheville's healthcare corridor steps from Mission Hospital and minutes from downtown. Unit 5H2 at Doctors Park offers an investor or owner-operator a turnkey income stream with immediate upside through occupancy of one currently vacant office. The unit features five private offices - three with plumbing, suitable for exam or treatment use - along with a dedicated waiting room, reception area, break room, two restrooms, and storage. Four of the five offices are currently leased to established behavioral health, counseling, and wellness practitioners, generating $2,185 per month in current gross revenue. The vacant fifth office is ready for immediate occupancy, offering an owner-operator the ability to plant their own practice within an existing, well-established medical community. Doctors Park is one of Asheville's most recognized professional medical addresses, home to a dense ecosystem of healthcare providers across multiple disciplines. The property's proximity to Mission Hospital - HCA Healthcare's flagship regional facility - makes it a natural choice for practitioners seeking referral proximity and patient convenience. Downtown Asheville, with its amenities and strong regional draw, is less than two miles away. The POA Fee covers utilities, common area maintenance, and parking, simplifying operating overhead for both the current owner and tenants. At $612.95 per month, this fee is among the most competitive in the building. Whether you are an investor seeking a stabilized, income-producing asset in a supply-constrained medical submarket, or a healthcare provider looking to own your office while generating rental income from neighboring suites, this unit offers a compelling entry point.

FOR SALE DETAILS

PRICE

$324,500 USD

PRICE/SF

$226 USD /SF

CAP RATE

7%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

26,752 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

91

LAND DETAILS

LAND ACRES

4.84 AC

LAND SF

210,830 SF

ZONING

Inst

APN/PARCEL ID

9648-45-1100-C005A,9648-45-1100-C005C,9648-45-1100-C005H

ASK ABOUT THIS PROPERTY

Chris Gragtmans, CCIMKeller Williams ProfessionalsMore Info
864-915-5780

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Chris Gragtmans, CCIMKeller Williams ProfessionalsMore Info
864-915-5780

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