Price Reduction
Address
575 & 605 Sweeten Creek Industrial Park Park, Asheville, NC
Price
$ 14,950,000
Property Attributes
- ID#4127637
- TypeCommercial
- CountyBUNCOMBE
- CityAsheville
- AreaBuncombe County
- Zip28803
- StyleIndustrial
- Price$ 14,950,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size8.42 Acres
Data Source:
Canopy MLS
Property Description
INVESTMENT OPPORTUNITY WITH FULLY LEASED WAREHOUSE/INDUSTRIAL BUILDINGS (2). Two industrial warehouse - 2 buildings with great office space in Asheville. Long-term lease tenant in place with 9 years left on existing lease. 131,400/ of in two buildings on 6.15/ac in total. Two properties for sale, 575 Sweeten Creek Rd and 605 Sweeten Creek Rd. Properties are to be sold together. Fully conditioned building. No drive-byes. DO NOT DISTURB THE EXISTING TENANT, Plasticard Locktech International. 5.6% CAP rate today with 2% rent increases or COLA each year. 575 has about 1,700/sf office and 605 has about 15,600/sf of office space.. Numerous Truck Docks and Drive-In Doors.
| Price History | |
|---|---|
| 4/10/2024 | Listed $16,000,000 |
| 4/16/2024 | 7% - $14,950,000 |
General Features
| Zoning | IND |
|---|---|
| Year Built | 1983 |
| Property SubType | Industrial |
| County | Buncombe |
| New Construction | No |
| Property Type | Commercial Sale |
| City | Asheville |
| Street Name | Sweeten Creek Industrial Park |
| Standard Status | Active |
| CAR_HOASubjectTo | None |
| Restrictions | Other - See Remarks |
| Tax Assessed Value | 2302200 |
Interior Features
| Street Suffix | Park |
|---|
Exterior Features
| Inclusions | Building,Land |
|---|---|
| Lot Size Area | 8.42 |
| Road Surface Type | Paved |
| Lot Size Units | Acres |
| Road Responsibility | Publicly Maintained Road,Private Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 28803
Price
Visits
Year Built
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