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$575,000
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Property Description
Excellent Commercial condominium investment. Long term food service tenant with lease until 2027 w. 3 year option. 7.25% CAP rate. Located in the Asheville CBD at street level in a 42 unit residential condominium building.
Full Property Details
Full Property Details for 45 Asheland Ave #101
General
- Price: $575,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4211485
- Updated: 1/15/2026
- Added to Site: 377 day(s) ago
Interior
- Appliances: Exhaust Hood, Gas Cooktop
- Flooring: Tile
Parking
- Parking Features: Parking Space(s)
Location
- County: Buncombe
- Driving Directions: Between Patton Ave and Hilliard Ave on the W side.
- City Limits: Yes
Heating & Cooling
- Cooling Type: Central Air, Gas
- Heating Type: Central, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Cable Available, Electricity Connected, Natural Gas, Satellite Internet Available
Structural Information
- Exterior Const.: Brick Full
- Minimum Avail: 1,462 Sq. Ft.
- Year Built: 2018
Lot Features
- Street/Road Desc.: Paved
- Elevation (Approx.): 1500
- Rcmdd Zoning: CBD
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Subject to Lease
- Property ID: 9648-29-8566-CC101
- Lot Number: 5737/1344
Listed by NAI Allen Tate Beverly-Hanks Commercial
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Schools
Schools serving 45 Asheland Ave #101
School District:Asheville City Schools
| Name | Grades | Distance |
|---|---|---|
Isaac Dickson Elementary 125 Hillside Street, Asheville, NC 28801 | K-5 | 1 mi |
Claxton Elementary 241 Merrimon Avenue, Asheville, NC 28801 | K-5 | 1.1 mi |
Asheville High 419 McDowell Street, Asheville, NC 28803 | 9-12 | 1.4 mi |
Asheville Middle 211 South French Broad Avenue, Asheville, NC 28801 | 6-8 | 0.5 mi |
School Of Inquiry And Life Science 419 McDowell Street, Asheville, NC 28803 | 9-12 | 1.4 mi |
Hall Fletcher Elementary 60 Ridgelawn Road, Asheville, NC 28806 | K-5 | 1.6 mi |
Ira B Jones Elementary 544 Kimberly Avenue, Asheville, NC 28804 | K-5 | 2.6 mi |
Vance Elementary, Asheville, NC 98 Sulphur Springs Road, Asheville, NC 28806 | K-5 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 45 Asheland Ave #101
Date
Details
Price
Change
Source
6/30/2025
Price Reduced
$575,000
-3.36%
MLS
1/06/2025
Listed
$595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 45 Asheland Ave #101
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,939
18%
$416,400
—
2023
$4,194
1%
$416,400
—
2022
$4,152
—
$416,400
—
2021
$4,152
-1%
$416,400
7%
2020
$4,195
3%
$389,200
100%
2019
$4,083
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 45 Asheland Ave #101
45 Asheland Avenue #101, Asheville, NC 28801 (MLS# 4211485) is a Commercial property. 45 Asheland Avenue #101 is currently listed for $575,000 and was received on January 06, 2025. Want to learn more about 45 Asheland Avenue #101? 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.

