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$2,350,000
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Property Description
Rare opportunity to own a fully-leased, multi-tenant flex property in Arden. Consists of 2 buildings, 5 units, and 17,520 SF on 1 parcel. Located off Airport Road, property provides easy access to I-26, Asheville Airport, Downtown AVL, and Downtown HVL. Airport Road offers every amenity, EMP zoning allows most commercial uses. 35 Loop Road is 6,320 SF (per County records) and offers loading dock, drive-in door, office, and warehouse space. Leased to Window World through July 2025. 37 Loop Road is 11,200 SF (per County records) divided into 4, 2,800-SF units. Each offers office, warehouse, bathroom, and drive-in door. Leased to 3 tenants; Kitchen & Granite, Joslyn Fine Metalwork, and Rennwerx European Automotive Repair (2 units). Leased thru mid-2025. Leases average $9.20 per SF, modified gross. MG leases and capital improvements allow owner to add value. This prime flex property presents a solid investment and potential for growth in a high-demand market.
Full Property Details
Full Property Details for 35-37 Loop Rd
General
- Sold For: $2,350,000
- Status: Closed
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4224543
- Added to Site: 379 day(s) ago
Location
- County: Buncombe
- Driving Directions: 35 & 37 Loop Road is approximately one mile from I-26 Exit 40 (Asheville Regional Airport), and approximately 0.2 miles from the signalized intersection of high-traffic Airport Road (32, 500 vehicles per day). The property is approximately 15 miles south of Downtown Asheville, and approximately 13 miles north of Downtown Hendersonville.
- City Limits: Yes
Structural Information
- # Buildings: 2
- Construction: On Frame Modular
- Ceiling Height: 16
- Drive-In Doors: 6
- # Loading Docks: 1
- Square Feet: 17,520
- Minimum Avail: 17,520 Sq. Ft.
- Year Built: 1998
Lot Features
- Street/Road Desc.: Paved
- Rcmdd Zoning: EMP
Disclosures and Reports
- Restrictions: No Restrictions
- Property ID: 9643-88-2521-00000
- Lot Number: 1979-716
Listed by Whitney Commercial Real Estate
Sold by New Horizons Realty
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Price & Sales History for 35-37 Loop Rd
Date
Details
Price
Change
Source
4/11/2025
Sold
$2,350,000
-2.08%
MLS
2/19/2025
Listed
$2,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
35-37 Loop Road, Arden, NC 28704 (MLS# 4224543) is a Commercial property that was sold at $2,350,000 on April 11, 2025. Want to learn more about 35-37 Loop Road? Do you have questions about finding other Commercial real estate for sale in Arden? You can browse all Arden real estate or contact a Coldwell Banker agent to request more information.

