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167 Patton Ave 3,503 SF Retail Building Asheville, NC 28801 $1,100,000 ($314.02/SF)
Investment Highlights
- Ample parking
- Monument signage
- Lots of natural light
- High visibility corner lot
Executive Summary
Position your business in one of Downtown Asheville’s most visible locations. Situated on a signalized corner at the gateway to downtown, 167 Patton Avenue offers outstanding visibility, excellent signage opportunities, and convenient access for customers and employees. This versatile freestanding building features an open floor plan ideal for retail, office, showroom, gallery, and other commercial uses. With CBD zoning, ample parking, flexible space options, and high-traffic exposure, this is a rare opportunity to establish your business in the heart of Downtown Asheville. There is a current lease in place which provides an excellent investment opportunity.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,503 SF
Building Class
B
Year Built
1961
Price
$1,100,000
Price Per SF
$314.02
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.32 AC
Zoning
CBD - Central Business District
Parking
14 Spaces (4 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Corner Lot
- Signalized Intersection
- Tenant Controlled HVAC
- Storage Space
- Monument Signage
- Air Conditioning
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 9649-20-1051-00000 | Improvements Assessment | $147,000 |
| Land Assessment | $571,500 | Total Assessment | $718,500 |
Property Taxes
Parcel Number
9649-20-1051-00000
Land Assessment
$571,500
Improvements Assessment
$147,000
Total Assessment
$718,500
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167 Patton Ave
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