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INVESTMENT HIGHLIGHTS
- Great Value-Add or Owner/User Opportunity
- Total Combined Lot Size: 0.27 Acres
- Prime Downtown Asheville Business Location, Directly off I-240
- Major Upside Potential for Redevelopment
- Total Combined Building Square Footage: 1,870 SF
EXECUTIVE SUMMARY
Rare opportunity to own a strategically positioned portfolio of three commercial properties in the Central Business District of Downtown Asheville! Ideal for investors, owner-users, or developers, this offering includes two Orchard Place addresses and a commercial suite on Central Avenue, each with distinct potential and long-term value.
Property 1: 77 Q Central Avenue, Suite H
Size: 1,102 SF | Lot: 0.08 Acres
This versatile commercial suite is offered in shell condition, providing a blank canvas for a wide variety of uses. Whether for retail, office, or specialty space, this property is primed for transformation.
• Shell condition with easy upfit potential
• No HOA Restrictions
• Parking: Negotiable, to be determined during purchase agreement
An excellent opportunity for a buyer seeking customization in a well-located Asheville corridor.
Property 2: 3 Orchard Place
Size: 768 SF | Lot: 0.09 Acres
Fully renovated and move-in ready, this charming property is ideal for office, house, boutique retail, or professional services. It sits just steps away from Asheville’s bustling core, offering excellent visibility and accessibility.
• Renovated structure with immediate usability
• Prime opportunity for a small business to operate, or investor seeking rental income
• Also can serve as a residential property / rental property
Property 3: 5 Orchard Place
Size: 958 SF | Lot: 0.10 Acres
This property has a structure, but the highest and best use is likely to redevelop the parcel. Whether rebuilding a new structure or converting the lot into dedicated parking for 3 & 77, the flexibility of this property supports a range of value-add strategies.
• Potential to support and enhance the usability of the adjacent Orchard Place properties
• Ideal for infill development or owner-user expansion
Don't miss this chance to acquire a multi-property footprint in one of Asheville’s most desirable and rapidly growing areas. This portfolio provides both immediate usability and long-term upside through redevelopment or repositioning.
Property 1: 77 Q Central Avenue, Suite H
Size: 1,102 SF | Lot: 0.08 Acres
This versatile commercial suite is offered in shell condition, providing a blank canvas for a wide variety of uses. Whether for retail, office, or specialty space, this property is primed for transformation.
• Shell condition with easy upfit potential
• No HOA Restrictions
• Parking: Negotiable, to be determined during purchase agreement
An excellent opportunity for a buyer seeking customization in a well-located Asheville corridor.
Property 2: 3 Orchard Place
Size: 768 SF | Lot: 0.09 Acres
Fully renovated and move-in ready, this charming property is ideal for office, house, boutique retail, or professional services. It sits just steps away from Asheville’s bustling core, offering excellent visibility and accessibility.
• Renovated structure with immediate usability
• Prime opportunity for a small business to operate, or investor seeking rental income
• Also can serve as a residential property / rental property
Property 3: 5 Orchard Place
Size: 958 SF | Lot: 0.10 Acres
This property has a structure, but the highest and best use is likely to redevelop the parcel. Whether rebuilding a new structure or converting the lot into dedicated parking for 3 & 77, the flexibility of this property supports a range of value-add strategies.
• Potential to support and enhance the usability of the adjacent Orchard Place properties
• Ideal for infill development or owner-user expansion
Don't miss this chance to acquire a multi-property footprint in one of Asheville’s most desirable and rapidly growing areas. This portfolio provides both immediate usability and long-term upside through redevelopment or repositioning.
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
1,870 SF
Building Class
C
Year Built
1919
Price
$999,724 CAD
Price Per SF
$534.61 CAD
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
1,870 SF
Building FAR
0.48
Lot Size
0.09 AC
Zoning
O2 - Office
1 1
Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (77)
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