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14 Mcdowell St 9,629 SF 100% Leased Office Building Asheville, NC 28801 $4,187,760 CAD ($434.91 CAD/SF) 6.90% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Medical office with a tenant for 3 years +/- with no renewals
  • Located close to Mission Hospital - would be a fantastic billing office location
  • Great medical office or business office location in downtown Asheville

EXECUTIVE SUMMARY

9,629/sf Building on 1.57/ac now available for purchase in downtown Asheville. Currently a medical office with ample parking available. Tenant will stay for 3 +/- years with the current lease with no options. This is a fantastic Investment Opportunity in Downtown Asheville. Close to Asheville Hospitals and medical community. CAP rate is 6.9%.

ATTACHMENTS

14_mcdowell_sm

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
9,629 SF
Building Class
B
Year Built
1983
Price
$4,187,760 CAD
Price Per SF
$434.91 CAD
Cap Rate
6.90%
NOI
$288,955 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,629 SF
Building FAR
0.14
Lot Size
1.57 AC
Opportunity Zone
Yes
Zoning
OB - Business
Parking
60 Spaces (6.23 Spaces per 1,000 SF Leased)

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Health Care and Social Assistance
  • -
  • -
  • -

Allergy Partners of San Diego is part of Allergy Partners, the nation’s largest single-specialty practice focused on allergy, asthma, and immunology. Founded in 1977 in Asheville, North Carolina, Allergy Partners has grown into a network of over 140 locations nationwide, including its San Diego office. The practice provides comprehensive care for allergic diseases, asthma, and related conditions through services such as skin testing, pulmonary function testing, food allergy evaluation, and immunotherapy. Allergy Partners emphasizes evidence-based treatment plans tailored to individual patient needs and offers access to advanced biologics for severe asthma and allergic conditions. The San Diego office serves patients across Southern California with board-certified allergists and a team dedicated to improving quality of life through innovative therapies and clinical research initiatives.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Health Care and Social Assistance - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
9648-35-4981-00000
Land Assessment
$2,018,306 CAD
Improvements Assessment
$243,962 CAD
Total Assessment
$2,262,268 CAD
  • Listing ID: 36850601

  • Date on Market: 2025-07-21

  • Last Updated:

  • Address: 14 Mcdowell St, Asheville, NC 28801

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