Asheville, NC 28801,15 Rankin AVE #6
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Asheville, NC 28801,15 Rankin AVE #6
Asheville, NC 28801,15 Rankin AVE #6
Asheville, NC 28801,15 Rankin AVE #6
Asheville, NC 28801,15 Rankin AVE #6

$582,000

Est. payment /mo

$625,000

6.9%
Est.Price: ?

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15 Rankin AVE #6 Asheville, NC 28801

1 Bath

SOLD DATE : 11/30/2023

Key Details

Sold Price $582,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 4082554

Sold Date 11/30/23

Year Built 2014

Property Sub-Type Retail

Property Description

CALL FOR HIGHEST AND BEST OFFERS BY 2 PM ON 11/08/23. SELLER WILL RESPOND BY 5 PM 11/08/23. Easy investment opportunity with a stable, long-term tenant in place in a prominent downtown Asheville location. Premium street-level commercial space on high footfall street adjacent to Rankin Parking Garage (262 spaces). A true NNN lease & ideal passive income scenario. Tenant pays property tax, insurance and condo association fees directly, services the HVAC system and pays all utilities. 2023 rent is $30/SF and increases by 3% per year, expiring March 2032. Rankin Press Lofts is a professionally managed condo association in the Central Business District featuring high quality construction and no vacancy. Surrounded by retail shops, restaurants/bars, galleries, offices and residential condos and located in close proximity to I-240 & I-26, Harrah Cherokee Center Asheville, Grove Arcade & Pack Square Park. Please do not disturb the tenant - contact the listing agent for all showings.

Location

State NC

County Buncombe

Zoning CBD

Interior

Heating Central

Cooling Central Air

Flooring Wood

Exterior

Utilities Available Electricity Connected

Waterfront Description None

View City

Street Surface Paved

Accessibility Mobility Friendly Flooring

Building

Sewer Public Sewer

Water City

New Construction false

Others

Senior Community false

Restrictions Building,Use

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Subject to Lease

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Listed by Carla Barnard • Carla & Company Real Estate Services • carla@carla-co.com
Bought with John Menkes • G/M Property Group
agent

Victor Wallace

President | License ID: 41896

+1(704) 202-7508

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