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244 Short Coxe Ave 6,800 SF 100% Leased Retail Building Asheville, NC 28801 $2,350,000 ($345.59/SF)
INVESTMENT HIGHLIGHTS
- Freestanding Commercial Building in Prime South Slope Location
- Central Business District (CBD) Zoning
- Generating approx. $150k annually (2025)
- On-Site Parking with Excess Acreage
- Fully Leased: 4 Tenants, NNN Leases with Annual Increases
- Close Proximity to Downtown, River Arts District, Mission Hospital and future Novant Health facility
EXECUTIVE SUMMARY
DPA is pleased to present 244 Short Coxe Avenue, a fully leased multi-tenant commercial building in downtown Asheville’s South Slope (Central Business District). Built in 1930 and extensively renovated with modern amenities, the 6,800 square feet building is subdivided into 4 commercial units. Prominently fronting Short Coxe Avenue, the building is anchored by a full service café and bakery (Suite 110) and a beauty salon (Suite 120). The lower portion of the building features a vintage clothing/tattoo retail shop (Suite 130), an artist studio (Suite 140), and excess outdoor space.
Please reach out to broker for additional information.
Do not disturb Tenants.
Please reach out to broker for additional information.
Do not disturb Tenants.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
6,800 SF
Building Class
B
Year Built
1930
Price
$2,350,000
Price Per SF
$345.59
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Opportunity Zone
Yes
Zoning
CBD - Commercial business district
Frontage
98’ on Short Coxe Avenue
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Ancient Future
- Retailer
- -
- -
-
Lorem Ipsum
-
Jan 0000
- Mother Bread
- Accommodation and Food Services
- -
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Ancient Future | Retailer | - | - | Lorem Ipsum | Jan 0000 | |
| Mother Bread | Accommodation and Food Services | - | - | Lorem Ipsum | Jan 0000 |
Walk Score®
Very Walkable (76)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $167,700 | |
| Land Assessment | $450,900 | Total Assessment | $618,600 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$450,900
Improvements Assessment
$167,700
Total Assessment
$618,600
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244 Short Coxe Ave
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