9 Fallen Spruce DR, Asheville, NC 28806
9 Fallen Spruce DR, Asheville, NC 28806
9 Fallen Spruce DR, Asheville, NC 28806
9 Fallen Spruce DR, Asheville, NC 28806
9 Fallen Spruce DR, Asheville, NC 28806
9 Fallen Spruce DR, Asheville, NC 28806
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$ 1,750,000
Est. payment | /mo

6 Baths

0.5 Acres Lot


$ 1,750,000
Est. payment | /mo

6 Baths

0.5 Acres Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4388863

Year Built 2004

Lot Size 0.500 Acres

Acres 0.5

Property Sub-Type Retail

Property Description

Six-unit well-maintained neighborhood center in a highly accessible north-west Asheville location. Long-term tenants in place, with one current vacancy, offering immediate value-add potential and stable cash flow. All tenants are operating under NNN leases. Conveniently located just off New Leicester Highway. Surrounded by a strong mix of residential and commercial development, nearby businesses, and numerous service-oriented retailers and professional offices that support the area's growing population. This is an excellent opportunity for investors seeking a multi-tenant asset with in-place income and upside through lease-up of the remaining vacancy. Please see the brochure for further financial information. Please do not disturb tenants - contact the listing broker for showings.

Location

State NC

County Buncombe

Zoning CS

Interior

Heating Central, Electric

Cooling Electric

Flooring Bamboo, Hardwood, Tile, Vinyl

Inclusions Building, Land

Exterior

Utilities Available Electricity Connected

Street Surface Paved

Building

Lot Description Open Lot, Paved

Dwelling Type Site Built

Sewer Public Sewer

Water City

New Construction false

Others

Senior Community false

Restrictions No Representation,Other - See Remarks

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://singlepointmedia.hd.pics/9-Fallen-Spruce-Dr

Listed by Carla Barnard • Likewise Commercial Real Estate • carla@likewisecommercial.com

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9 Fallen Spruce DR