149 New Leicester Highway, Asheville, NC 28806

$1,590,000
3
BA

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Listing courtesy of Likewise Commercial Real Estate. jess@likewisecommercial.com

List Price
$1,590,000
MLS#
4389474
Status
ACTIVE
Days on Market
54
Property Type
Commercial Sale
Distressed Property
Yes
Year Built
2012
Price Change
▼ $100,000 1784841731
Bathrooms
3
Lot Size
76,665
Lot Size Area
1.76
County
Buncombe
Special Conditions
Subject to Lease

Property Description

Attractive investment opportunity along one of West Asheville's primary commercial corridors. This 6,740 SF purpose-built facility was designed for a full-service physical therapy practice and offers a highly functional layout adaptable to a variety of medical, wellness, professional office, or service-oriented users. The property is currently leased to a successful, regional physical therapy and sports medicine practice, providing stable cash flow for an investor at a 6.39% CAP Rate. Situated on 1.76 Acres, zoned HB (Highway Business) and featuring 346 feet of road frontage, this site provides outstanding visibility, signage, and convenient access for the community, ensuring success for the Tenant-occupant. Ideally located just minutes from downtown Asheville, the property enjoys quick access to I-240 (approximately 3 miles), I-26 (approximately 4 miles), and I-40 (approximately 6 miles), allowing seamless connectivity throughout Western North Carolina. This well-maintained asset presents an excellent investment opportunity in a growing commercial market.

Additional Information

Floor Coverings
Carpet, Laminate, Vinyl
Equipment
Refrigerator
Foundation
Slab
Heating
Central, Ductless, Heat Pump, Natural Gas, Zoned
Water
City
Sewer
Public Sewer
Exterior Construction
Fiber Cement, Hardboard Siding
Roof
Metal
Parking
Parking Lot, Parking Space(s), Shared Driveway
Driveway
Paved
Lot Description
Level, Paved
Zoning
HB

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Calculator source: Real Geeks

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