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$9,000,000
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Property Description
Rare investment opportunity in downtown Asheville, NC! This portfolio offers nearly an entire city block with 9 parcels, 7 buildings. Spanning nearly 2 acres and ±53,909 SF, the property boasts 100% occupancy with fresh NNN leases. Tenants include established businesses such as Withers Ravenel, Resurrection Studios, Stokers Studio Bicycles, DayTrip, Palmetto Dist., IncredMed and Atomic Furnishings. Strategically positioned in a high-visibility area with strong traffic counts, the portfolio also provides ample parking and exceptional accessibility. Priced at $9,900,000 with a 7.2% cap rate, this is an unparalleled chance to own a thriving downtown investment in one of the Southeast's hottest markets!
Full Property Details
Full Property Details for 99999 Broadway St
General
- Sold For: $9,000,000
- Status: Closed
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4219218
- Added to Site: 387 day(s) ago
Parking
- Parking Features: On Street, Parking Lot, Parking Space(s)
Location
- County: Buncombe
- Driving Directions: Heading north on Broadway from I-240, properties on the east side of the road.
- City Limits: Yes
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- # Buildings: 7
- Construction: Site Built
- Basement: Yes
- Basement Desc.: Other
- Minimum Avail: 53,909 Sq. Ft.
- Year Built: 1919
Lot Features
- Street/Road Desc.: Paved
- Lot Features: Corner Lot, End Unit, Level, Paved
- Rcmdd Zoning: NCD
Financial Considerations
- Terms: Cash, Conventional, Exchange
Disclosures and Reports
- Special Conditions: Subject to Lease, None
- Restrictions: No Representation
- Inclusions: Building, Land
- Property ID: 964932534400000
- Lot Number: 4784-1806
Listed by NAI Allen Tate Beverly-Hanks Commercial
Sold by NAI Allen Tate Beverly-Hanks Commercial
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Schools
Schools serving 99999 Broadway St
School District:Asheville City Schools
| Name | Grades | Distance |
|---|---|---|
Isaac Dickson Elementary 125 Hillside Street, Asheville, NC 28801 | K-5 | 0.3 mi |
Claxton Elementary 241 Merrimon Avenue, Asheville, NC 28801 | K-5 | 0.5 mi |
Ira B Jones Elementary 544 Kimberly Avenue, Asheville, NC 28804 | K-5 | 1.8 mi |
Asheville Middle 211 South French Broad Avenue, Asheville, NC 28801 | 6-8 | 1.4 mi |
School Of Inquiry And Life Science 419 McDowell Street, Asheville, NC 28803 | 9-12 | 2.4 mi |
Hall Fletcher Elementary 60 Ridgelawn Road, Asheville, NC 28806 | K-5 | 2.3 mi |
Asheville High 419 McDowell Street, Asheville, NC 28803 | 9-12 | 2.4 mi |
Vance Elementary, Asheville, NC 98 Sulphur Springs Road, Asheville, NC 28806 | K-5 | 2.9 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 99999 Broadway St
Date
Details
Price
Change
Source
2/13/2026
Sold
$9,000,000
-9.09%
MLS
2/03/2025
Listed
$9,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
99999 Broadway Street, Asheville, NC 28801 (MLS# 4219218) is a Commercial property that was sold at $9,000,000 on February 13, 2026. Want to learn more about 99999 Broadway Street? 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.

