Downtown Asheville Portfolio FOR SALE


Asheville, NC - Downtown Asheville
$10,495,000 USD
828-424-1141
, Asheville, NC for Sale
$10,495,000 USD
FOR SALE
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Downtown Asheville Portfolio
Asheville, NC
Downtown Asheville


HIGHLIGHTS

  • Own nearly an entire city block in Downtown Asheville
  • Spacious buildings with flexible layouts
  • Combined building area: ±40,000 SF
  • Total land area: ±2.01 acres
  • High visibility downtown location (20K VPD; Walk Score: 71) with proximity to major downtown amenities
  • Surface parking on-site, street parking, and walking distance to a 1,000-space public parking deck on Coxe Avenue

OVERVIEW

DPA is proud to present an extremely rare opportunity to acquire a portfolio of 2.01 contiguous acres at the southern gateway to Downtown Asheville, including over 40,000 square feet of building space with current income and adaptability. Zoned as flexibly as "CBD," the property is located in an Opportunity Zone and there is a Brownfields Agreement in place. Anchoring the southwest corner of the famed 'South Slope,' this assemblage offers investors, developers and owner-users the chance to secure a significant footprint along one of the city’s most active growth corridors. This is an opportunity to invest in Asheville’s future with a property that combines location, scale, and local character. 207 Coxe Avenue • Main Level: 15,170 SF • Lower Level: 6,424 SF • Total: 21,594 SF • Built in 1920 • Includes an expansive lower level with exterior access • Tenants include creative office and studio/gallery users 217 Coxe Avenue • Upper Level: 5,182 SF • Warehouse: 5,309 SF • Main Level: 4,917 SF • Lower Level: 2,385 SF • Total: 17,793 SF • Built in 1940 • Includes an expansive lower level with exterior access • Tenants include Switchyards Neighborhood Work Club, Underground Fitness, and Open Hearts Art Center 225 Coxe Avenue • Building 1: 1,100 SF • Built in 1957, renovated in 2025 • Tenant is a coffee shop • Building 2: 1,200 SF • Built in 1975 • Tenant is Iggy's Auto Detailing Each building features street frontage and flexible layouts ideal for a multitude of uses, including adaptive reuse, creative office, retail, hospitality, or mixed-use redevelopment. With generous lot sizes and alley access, the portfolio provides excellent logistical functionality and potential for expansion or infill. Zoned CBD which allows for high density. Strategically positioned within walking distance to downtown Asheville breweries, retail, and hotels, this offering represents strong value-add or redevelopment options in one of the Southeast's most desirable markets. The property is located in an Opportunity Zone, providing additional tax incentives.

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 Policy.