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195 Johnston BoulevardAsheville, NC 28806MLS Number CAR3658449

  • Price: $5,100,000The price has recently decreased
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 3.11% last updated on 2021-12-02

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Active with Contract
195 Johnston Boulevard Asheville NC 28806
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  • 83,706Square Feet
  • 6.55Acreage
  • 1995Year Built
  • 1000Elevation
Outstanding opportunity for investors. 83,700 SF Building on 6.5 acres with a single business of surplus building materials. Seller will lease (net) back for a 10 year term beginning at $390,000 per year. Business is 17 years old and has opened a second location in Charlotte, NC. CAP rate of 7.65%.
Listed by Terry Peterson of NAI Beverly-Hanks

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Basic Information

  • ForeclosureN
  • List Price$5,100,000
  • MLS NumberCAR3658449
  • MLS StatusActive Under Contract
  • Property SubTypeCOMMERCIAL

Property

  • Acreage6.55
  • Parking Spaces
  • Units1

Tax Information

  • Taxes$1,500,000

Location

  • Building Number195
  • CountyBuncombe
  • StateNC
  • StreetJohnston Boulevard
  • Zip28806

Utilities

  • Heating Electric, Natural Gas
  • Utilities City Sewer, Natural Gas Available, Telephone On-Site

Other

  • View Count34

Basic Information

Building

  • Elevation 1000
  • Foundation Details Slab
  • Square Feet83,706
  • Stories1
  • Year Built1995

Property Information

  • Gross Scheduled Income $390,000
  • Inclusions Building, Land, Other
  • Net Operating Income $390,000
  • Number Of Buildings 1

Your Local Office

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787

Office: 828-231-3117

Broker Reciprocity © 2021 by the Canopy MLS. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The IDX data is deemed reliable but is not guaranteed by MLS GRID and may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS.  Based on information submitted to the MLS GRID as of December 7, 2021 2:25 PM EST . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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