99 New Leicester Highway, Asheville, NC 28806 (MLS # 3806648)

Price $1,050,000
Status Active Under Contract
Beds 0
Baths 4 Baths
Home size n/a
Lot Size 26,136 sqft
Investment Opportunity! This building and site were completely upgraded in 2018 with new plumbing, electrical, mechanical, roof, parking lot and landscaping. There are 2 stable tenants in place with leases expiring in 2023 - each with renewal options. Property features 150 FT of road frontage at a highly visible, corner location on a busy highway with 32,000 vehicles per day. Conveniently located less than 10 minutes to Downtown Asheville and easy access to I-240, I-40 and I-26. Zoned Highway Business and surrounded by many supportive businesses, residential neighborhoods and multi-family communities. Leases are not NNN, so Landlord pays some property expenses. Being sold at 5.6% CAP. Contact Broker for more financial information.
Property Type(s): Single Family
Year Built 1974 County Buncombe

Additional Details

AIR Other
HEAT Other
LOT 0.6 acre(s)
LOT DESCRIPTION Elevation 2000
MLS STATUS Active Under Contract
PARKING 15 Parking Spaces plus 1 Handicap. Additional, unmarked parking available.
STYLE FStan/Ret, Site Built
UTILITIES Cable Available,City Sewer,City Water,Electricity Available,Natural Gas Available,Telephone On-Site



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Listed with Carla & Company Real Estate Services
Date last updated: 1/21/22 2:28 AM PST

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