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55 Broadway StreetAsheville, NC 28801MLS Number CAR3874004

  • Price: $1,900,000The price has recently decreased
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Price Down Payment Interest Rate Years
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Est. Mortgage: $/month

Federal 30-year interest rate: 5.7% last updated on 2022-06-30

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  • 4,320Square Feet
  • 0.06Acreage
  • 1928Year Built
  • ActiveMLS Status
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.
Listed by Jim Davis of NAI Beverly-Hanks

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Basic Information

  • ForeclosureN
  • List Price$1,900,000
  • MLS NumberCAR3874004
  • MLS StatusActive
  • Property SubTypeCOMMERCIAL

Property Information

  • Inclusions Building, Land
  • Number Of Buildings 1

Other

  • View Count4

Tax Information

  • Taxes$826,300

Location

  • Building Number55
  • CountyBuncombe
  • Directions In downtown Asheville,55 Broadway is located roughly halfway between Walnut St. and Woodfin St. on the West side of the road.
  • StateNC
  • StreetBroadway Street
  • Zip28801

Basic Information

Building

  • Square Feet4,320
  • Year Built1928

Property

  • Acreage0.06
  • Parking Spaces

Your Local Office

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787

Office: 828-231-3117

Broker Reciprocity © 2022 Listings courtesy of Canopy MLS as distributed by MLS GRID. 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 July 3, 2022 12:51 AM EDT . 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. Some IDX listings have been excluded from this website.

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