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20 N Spruce St
Asheville, NC 28801
Office Property For Sale


Investment Highlights
- Busy Downtown Business District Location
- Sole User or a floor can be used for income with a separate entrance
- Parking Lot next door is also available
Executive Summary
4,000/sf Former Law Office Building Now for Sale in downtown Asheville, Business District. This 2-story building will accommodate up to 2 businesses with separate entrances or owner can use the entire building as needed. Current 2nd Floor Tenant is currently on a M2M lease. Great location for a law office(s), Business, Professional Services, Investment Office, etc... Parking lot next door is also available in a separate sale and can be used as an investment. Contact the Broker for more information. Street Parking is Available.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,000 SF
Building Class
B
Year Built
1925
Price
$1,275,000
Price Per SF
$318.75
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,000 SF
Building FAR
1.84
Lot Size
0.05 AC
Zoning
CBD
Parking
20 Spaces (5 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 9649-40-7941-00000 | Improvements Assessment | $274,300 |
| Land Assessment | $315,800 | Total Assessment | $590,100 |
Property Taxes
Parcel Number
9649-40-7941-00000
Land Assessment
$315,800
Improvements Assessment
$274,300
Total Assessment
$590,100
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