$3,975,344
$4,450,000
10.7%For more information regarding the value of a property, please contact us for a free consultation.
3,920 Sqft Lot
SOLD DATE : 03/01/2024
Key Details
Sold Price $3,975,344
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 4080623
Sold Date 03/01/24
Year Built 1898
Lot Size 3,920 Sqft
Acres 0.09
Property Description
OUTSTANDING INVESTMENT OPPORTUNITY IN THE HEART OF DOWNTOWN ASHEVILLE. NEW 10-YEAR NNN LEASE TO PRESTIGIOUS FINANCIAL ADVISORY FIRM. - Prominent, historic building located in the core of downtown Asheville, NC. Meticulously renovated since 2016 into Class A office space. - New 10-year single tenant lease to creditworthy tenant, Modera Wealth Management, successor to Parsec Financial Management. - Triple net (NNN) investment opportunity requiring minimal management. - Below market rental rate provides tremendous long-term upside potential. Headquarters for Parsec Financial Management for 40 years, a testament to the firm's long term commitment to downtown Asheville. ***SEE BROCHURE FOR MORE INFORMATION***
Location
State NC
County Buncombe
Building/Complex Name None
Zoning CBD
Rooms
Basement Full, Interior Entry, Partially Finished
Interior
Heating Heat Pump, Office Only, Separate Meters, Zoned
Cooling Central Air, Ductless, Heat Pump, Zoned
Exterior
Roof Type Shingle,Rubber
Building
Sewer Public Sewer
Water City
Structure Type Brick Partial,Hard Stucco,Other - See Remarks
New Construction false
Others
Senior Community false
Special Listing Condition None
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© 2024 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Chris Gragtmans • Keller Williams Professionals