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55 Broadway StreetAsheville, NC 28801Price: $1,675,000

  • Price: $1,675,000
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Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
CAR3874004
  • $1,675,000List Price
  • 4,320Square Feet
  • 0.06Acreage

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A unique and rare opportunity to own a mixed use building in the heart of downtown Asheville. This three story structure within the CBD offers a ground level retail space with a great tenant in place, an upper level residential loft currently being utilized as a rental, and an unfinished lower level with access from Carolina Lane that offers a variety of possibilities. Each floor is approximately 1440sf. The upper level currently being used as a rental has been rented at a below market nightly rate so a buyer will have significant value add potential through this unit. This top level would also make a fantastic private residence for someone. This is a fantastic location to take advantage of everything that comes with being in the heart of downtown walking traffic and visibility. The combination of being an active income producing property with a variety of future value add possibilities makes this ideal for someone looking to add a downtown property to their portfolio.

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Listed by Jim Davis of NAI Allen Tate Beverly-Hanks Commercial

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