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Est. Mortgage: $/month

Federal 30-year interest rate: 6.87% last updated on 2024-06-20

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16 College Street Asheville NC 28801
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  • 15,499Square Feet
  • 0.09Acreage
  • 1898Year Built
  • ClosedMLS Status
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***
Listed by John Menkes of G/M Property Group (jmenk@gmproperty.com)

Listing Sold by Keller Williams Professionals

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Basic Information

  • ForeclosureN
  • List Price$4,450,000
  • MLS NumberCAR4080623
  • MLS StatusClosed
  • Property SubTypeOFFICE
  • Sale Date03/01/2024
  • Sale Price$3,975,344

Exterior

  • Roof Shingle, Rubber

Property Information

  • Construction Materials Brick Partial, Hard Stucco, Other - See Remarks
  • Inclusions Building

Tax Information

  • Taxes$1,648,400

Location

  • Building Number16
  • CountyBuncombe
  • Directions Main entrance 6 Wall St. Secondary access 16 College St.
  • StateNC
  • StreetCollege Street
  • Zip28801

Utilities

  • Cooling Central Air, Ductless, Heat Pump, Zoned
  • Heating Heat Pump, Office Only, Separate Meters, Zoned
  • Sewer Public Sewer

Basic Information

Building

  • Square Feet15,499
  • Year Built1898

Property

  • Acreage0.09
  • Parking Spaces
  • Water Source City
  • ZoningCBD

Other

  • View Count19

Your Local Office

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787

Office: 828-231-3117

Broker Reciprocity © 2024 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 June 24, 2024 12:20 PM 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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