Asheville, NC 28801,157 S Lexington AVE
Asheville, NC 28801,157 S Lexington AVE
Asheville, NC 28801,157 S Lexington AVE
Asheville, NC 28801,157 S Lexington AVE
Asheville, NC 28801,157 S Lexington AVE
Asheville, NC 28801,157 S Lexington AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Tue
6
May
Wed
7
May
Thu
8
May
$ 1,195,000
Est. payment | /mo

2 Baths

0.92 Acres Lot


Save
$ 1,195,000
Est. payment | /mo
Save

2 Baths

0.92 Acres Lot

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4213325

Year Built 2007

Lot Size 0.920 Acres

Acres 0.92

Property Sub-Type Office

Property Description

Downtown Asheville Investment | 7.21% Cap Rate | $1,195,000
Premier office investment in Asheville's South Slope, fully leased with in-place income and a 7.21% cap rate at $1,195,000 ($256/SF). Ideal for investors or owner-users: Suite D (936 RSF) is leased short-term and will vacate upon execution of a new lease. Offered for lease at $27.50/SF ($2,145/month).

The property totals 4,663 RSF across 8 suites with Class A finishes, hardwood floors, large windows, shared restrooms, kitchen/break area, and patio access in select units. Strong tenant mix and prime location steps from breweries, restaurants, and downtown amenities.

Location

State NC

County Buncombe

Zoning CBD

Exterior

Street Surface Paved

Building

New Construction false

Others

Senior Community false

Restrictions No Restrictions

Special Listing Condition None

Listed by James Harrison • Whitney Commercial Real Estate • [email protected]
agent
Brad Cook

Team Owner/Broker | License ID: 298609

+1(704) 929-8312 | [email protected]

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

157 S Lexington AVE