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29 W French Broad St
Brevard, NC 28712
French Broad Place Condominiums · Multifamily Property For Sale · 26 Units

Investment Highlights

  • Three Units
  • Restaurant Fixtures
  • Event Hall
  • Fully Equipped Commercial Kitchens
  • Limited Common Element Patio

Executive Summary

Welcome to 29 West French Broad Street Units #101, 102, and 103. Dugan's Pub has been a staple in Brevard since the early 2000s. Unfortunately, the managing owner passed away during Covid and it's time for new beginnings. With that comes the opportunity to purchase all of the class A prime real estate and fully equipped commercial kitchen with restaurant fixtures for under $200 per sq. ft. Located in the flourishing modern four-story French Broad Place. The well-built complex incorporates two floors of commercial space and two floors of luxury residential condos. The attached parking garage allocates the first-floor covered spaces accessed off French Broad Street for guests. The real estate portfolio includes three contiguous commercial units totaling 8,655 sq. ft. of interior space. In addition, the 910 sq. ft. limited common element patio is dedicated to unit 101. Dugan's Pub is located in unit 101 with the adjoining Shamrock Room occupying units 102 and 103. Please reach out to a real estate professional for questions and respect the privacy of the owner and staff. Schedule your showing today!

Property Facts

No. Units 26
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class A
Lot Size 1.25 AC
Building Size 41,255 SF
Average Occupancy 100%
No. Stories 4
Year Built 2008
Parking Ratio 1.33/1,000 SF
APN / Parcel ID
8586-51-6970-102
  • 8586-51-6970-105
  • 8586-51-6970-209
  • 8586-51-6970-211
  • 8586-51-6970-318
  • 8586-51-6970-416
  • 8586-51-6970-418
Zoning DMU - Downtown Mixed Use

Amenities

Unit Amenities

  • Air Conditioning
  • Storage Space
  • Heating
  • Kitchen
  • Wheelchair Accessible (Rooms)

Site Amenities

  • 24 Hour Access
  • Recycling
  • Elevator

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 - 920 - 975
1+1.5 3 - 970 - 1,040
2+2 14 - 1,210 - 1,640
3+2 6 - 1,545 - 2,555
3+3.5 1 - 3,315
  • Listing ID: 34257765

  • Date on Market: 12/20/2024

  • Last Updated:

  • Address: 29 W French Broad St, Brevard, NC 28712

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