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Investment Highlights
- ±1,658 SF freestanding commercial building in established Herman Avenue Office Park
- Each suite features a private entrance, reception area, individual metering, and updated interiors
- Ample shared parking within a clean, well-maintained professional office park with strong HOA financials
- Fully occupied multi-tenant investment with two separate units and stable income potential
- Zoned HB (Highway Business), allowing office, medical, retail, personal service, and specialty uses
- Excellent accessibility near Hendersonville Rd & Long Shoals Rd; ~2 miles to I-40 and 4 miles to I-26
Executive Summary
Positioned within the established Herman Avenue Office Park, this ±1,658 SF commercial investment opportunity offers a fully occupied, multi-tenant building ideal for investors or owner-users seeking stable income in a convenient South Asheville location. The building is freestanding and currently has two tenants in separate units. Future users can occupy one or both spaces. Each unit has its own reception area and entry door, is individually metered, and has updated interiors. Office Park is clean and well-maintained, and the HOA has strong financials and reserves. Zoned HB (Highway Business), the property supports a wide range of potential uses, including professional offices, medical or wellness services, boutique retail, personal services, or specialty business operations. The building benefits from ample parking within a shared lot and a professional business environment surrounded by complementary commercial users. Conveniently located adjacent to Hendersonville Road at a signalized intersection near Long Shoals Rd, approximately 2 miles from Interstate 40, and less than 4 miles from Interstate 26, the property provides excellent regional accessibility and strong connectivity to Asheville’s primary commercial corridors.
Property Facts
Sale Type
Investment
Property Type
Building Size
1,658 SF
Building Class
B
Year Built
2001
Price
$389,000
Price Per SF
$234.62
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,658 SF
Building FAR
0.76
Lot Size
0.05 AC
Zoning
HB - Highway Business
Parking
12 Spaces (7.24 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Wheelchair Accessible
- Reception
- Monument Signage
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Blue Ridge Neuropsychological Associates
- -
- -
-
$9.99
-
Lorem Ipsum
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Jan 0000
- PLG Law, LLLP
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Blue Ridge Neuropsychological Associates | - | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| PLG Law, LLLP | - | - | $9.99 | Lorem Ipsum | Jan 0000 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $224,000 | |
| Land Assessment | $43,800 | Total Assessment | $267,800 |
Property Taxes
Parcel Numbers
Land Assessment
$43,800
Improvements Assessment
$224,000
Total Assessment
$267,800
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