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3,200 sqft Retail/Office Building | Swannanoa 2064 Us-70 3,200 SF 100% Leased Retail Building Swannanoa, NC 28778 $660,000 ($206.25/SF)



INVESTMENT HIGHLIGHTS
- 3,200 SF Retail and Office Building: Single-building structure on a 0.37-acre parcel with full utilities and flexible use potential.
- NS Zoning (Neighborhood Service District): Allows a wide range of commercial uses including medical office, automotive, gas station, etc.
- Excellent Road Access: High-traffic corridor with easy ingress and egress for customers and operators.
- Prime Swannanoa Location: Situated directly on US 70 Hwy with strong visibility and convenient access to Asheville and surrounding residential communi
- Strong Upside Potential: Projected gross rent of $6,528 per month and potential NOI of $75,989 per year
EXECUTIVE SUMMARY
Address: 2064 US 70 Hwy Swannanoa, NC 28778
County: Buncombe County
Zoning: NS (Neighborhood Service District)
Parcel ID: 968819609900000
Building size: 3,200 sqft
Land size (sqft): 16,117
Land size (acre): 0.37
Layout: 1 building
Sewer: Connected
Water: Connected
Electric: Connected
Flood Zone: No
Road Access: Yes
Opportunity zone: False
Potential Development: Medical Office Building, Automotive, Gas Station, Multi Family, Office Building, Restaurant/Cafe/QSR, Retail Store/Plaza, General Commercial buildings, Convenience Store, etc.
Investment Highlights
Potential Gross Rent: $6,528/month
Potential NOI: $75,988.59
Asking price: $660,000 with OWNER FINANCING option
Down Payment: $210,000 (due at closing)
Note: $450,000
Payments to Seller: $2,347.41
Interest Rate: 4.75% with an 6-year balloon
Amortization period: 30 Years
No prepayment Penalty
Showing property visits by appointment only.
Call\ Text to schedule
Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes.
We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner.
All Information provided is preliminary and subject to change. Acre Expert LLC makes no guarantees regarding accuracy, lease terms, or financials. The buyer must conduct independent due diligence and verify all details.
County: Buncombe County
Zoning: NS (Neighborhood Service District)
Parcel ID: 968819609900000
Building size: 3,200 sqft
Land size (sqft): 16,117
Land size (acre): 0.37
Layout: 1 building
Sewer: Connected
Water: Connected
Electric: Connected
Flood Zone: No
Road Access: Yes
Opportunity zone: False
Potential Development: Medical Office Building, Automotive, Gas Station, Multi Family, Office Building, Restaurant/Cafe/QSR, Retail Store/Plaza, General Commercial buildings, Convenience Store, etc.
Investment Highlights
Potential Gross Rent: $6,528/month
Potential NOI: $75,988.59
Asking price: $660,000 with OWNER FINANCING option
Down Payment: $210,000 (due at closing)
Note: $450,000
Payments to Seller: $2,347.41
Interest Rate: 4.75% with an 6-year balloon
Amortization period: 30 Years
No prepayment Penalty
Showing property visits by appointment only.
Call\ Text to schedule
Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes.
We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner.
All Information provided is preliminary and subject to change. Acre Expert LLC makes no guarantees regarding accuracy, lease terms, or financials. The buyer must conduct independent due diligence and verify all details.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,200 SF
Building Class
C
Year Built
1961
Price
$660,000
Price Per SF
$206.25
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.20
Lot Size
0.37 AC
Zoning
NS - Neighborhood Commercial
Parking
16 Spaces (5 Spaces per 1,000 SF Leased)
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 9688-19-5255-00000 | Improvements Assessment | $57,300 |
| Land Assessment | $446,900 | Total Assessment | $504,200 |
PROPERTY TAXES
Parcel Number
9688-19-5255-00000
Land Assessment
$446,900
Improvements Assessment
$57,300
Total Assessment
$504,200
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3,200 sqft Retail/Office Building | Swannanoa | 2064 Us-70
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