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15 Rankin Avenue #6, Asheville, NC 28801
$582,000
15 Rankin Avenue #6, Asheville, NC 28801View this property at 15 Rankin Avenue #6, Asheville, NC 28801
15 Rankin Avenue #6AshevilleNC28801
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Property Description
CALL FOR HIGHEST AND BEST OFFERS BY 2 PM ON 11/08/23. SELLER WILL RESPOND BY 5 PM 11/08/23. Easy investment opportunity with a stable, long-term tenant in place in a prominent downtown Asheville location. Premium street-level commercial space on high footfall street adjacent to Rankin Parking Garage (262 spaces). A true NNN lease & ideal passive income scenario. Tenant pays property tax, insurance and condo association fees directly, services the HVAC system and pays all utilities. 2023 rent is $30/SF and increases by 3% per year, expiring March 2032. Rankin Press Lofts is a professionally managed condo association in the Central Business District featuring high quality construction and no vacancy. Surrounded by retail shops, restaurants/bars, galleries, offices and residential condos and located in close proximity to I-240 & I-26, Harrah Cherokee Center Asheville, Grove Arcade & Pack Square Park. Please do not disturb the tenant - contact the listing agent for all showings.
Full Property Details
Full Property Details for 15 Rankin Ave #6
General
- Sold For: $582,000
- Status: Closed
- Type: Commercial
- MLS ID: 4082554
- Added to Site: 202 day(s) ago
Interior
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 1
Parking
- Parking Features: Parking Garage
Location
- County: Buncombe
- Driving Directions: I-240 to Exit 5A. Turn left onto 25S/Broadway St. Right onto College St. Right on Rankin. Building access is across from parking garage.
- City Limits: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Electricity Connected
Structural Information
- Construction: Site Built
- Minimum Avail: 1,206 Sq. Ft.
- Year Built: 2014
Lot Features
- Street/Road Desc.: Paved
- Elevation (Approx.): 2000
- Rcmdd Zoning: CBD
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Subject to Lease
- Restrictions: Building, Use
- Inclusions: Building, Other
- Property ID: 9649-30-8781-C0006
- Plat: 167
- Lot Number: 5899/1318
Listed by Carla & Company Real Estate Services
Sold by G/M Property Group
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Schools
Schools serving 15 Rankin Ave #6
School District:Asheville City Schools
Rating | Name | Grades | Distance |
---|---|---|---|
125 Hill St, Asheville, NC 28801 | K-5 | 0.6 mi | |
241 Merrimon Ave, Asheville, NC 28801 | K-5 | 0.8 mi | |
60 Ridgelawn Rd, Asheville, NC 28806 | PK-5 | 1.9 mi | |
211 S French Broad Ave, Asheville, NC 28801 | 6-8 | 0.7 mi | |
419 McDowell St, Asheville, NC 28803 | 9-12 | 1.6 mi | |
419 McDowell St, Asheville, NC 28803 | 9-12 | 1.6 mi | |
544 Kimberly Ave, Asheville, NC 28804 | K-5 | 2.4 mi | |
98 Sulphur Springs Rd, Asheville, NC 28806 | K-5 | 3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 15 Rankin Ave #6
Date
Details
Price
Change
Source
11/30/2023
Sold
$582,000
-6.88%
MLS
10/31/2023
Listed
$625,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
15 Rankin Avenue #6, Asheville, NC 28801 (MLS# 4082554) is a Commercial property that was sold at $582,000 on November 30, 2023. Want to learn more about 15 Rankin Avenue #6? Do you have questions about finding other Commercial real estate for sale in Asheville? You can browse all Asheville real estate or contact a Coldwell Banker agent to request more information.