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1 Swan St 2,130 SF Retail Building Asheville, NC 28803 $775,000 ($363.85/SF)
INVESTMENT HIGHLIGHTS
- High visibility and high traffic corner.
- Property was professionally remediated after Helene and is ready for a fresh interior build out.
- Incredible opportunity to own a trophy Biltmore Village property at a significant discount.
EXECUTIVE SUMMARY
Exceptional opportunity to own a cornerstone of historic Biltmore Village at a significant discount. Located at the high visibility corner of Swan & Brook Streets (14,700+ daily traffic), this former jewelry store offers unmatched potential. While Hurricane Helene impacted the area, this building was swiftly remediated with full demo and professional drying. No major structural damage, just a clean slate ready for your vision and fresh buildout. With onsite parking and prime pedestrian and vehicular exposure, this is a trophy asset ready for rebirth. Don't miss your chance to bring this iconic property back to life.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Building Size
2,130 SF
Building Class
C
Year Built/Renovated
1920/2005
Price
$775,000
Price Per SF
$363.85
Tenancy
Single
Building Height
2 Stories
Building FAR
0.44
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
CBI - Central Business
Parking
4 Spaces (1.88 Spaces per 1,000 SF Leased)
Frontage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Blue
- Retailer
- -
- $22.35
- May 2014
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Blue | Retailer | - | $22.35 | May 2014 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 9647-79-0985-00000 | Improvements Assessment | $62,100 |
| Land Assessment | $280,300 | Total Assessment | $342,400 |
PROPERTY TAXES
Parcel Number
9647-79-0985-00000
Land Assessment
$280,300
Improvements Assessment
$62,100
Total Assessment
$342,400
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1 Swan St
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