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90 Asheland Ave 15,106 SF 100% Leased Office Building Asheville, NC 28801 $3,776,500 ($250/SF)
INVESTMENT HIGHLIGHTS
- Highly flexible interior.
- Less than one mile to Mission Hospital and surrounded by numerous supporting medical practices.
- Current tenant will be vacating at the end of 2025, positioning the space for a new user.
- Central Location in the CBD.
- On site parking and is next door to the newly finished Ironwood Parking Garage with 552 spaces.
- Full roof replacement completed in June of 2025.
EXECUTIVE SUMMARY
Exceptional opportunity to own a high-quality, free-standing medical office in Downtown Asheville. Totaling 15,106 SF on just over one acre, this two-level building offers ground-level access and parking on both floors. Recently remodeled, new roof in 2025, recently replaced HVAC's and Water Heaters. It features flexible interior layouts ideal for a variety of medical or professional uses. On-site parking is complemented by immediate access to the new 552-space Ironwood parking garage next door. Located in Asheville's CBD, the upper level fronts Ashland Ave while the lower level opens to Federal Alley leading of the heart of the South Slope. With the current tenant vacating at the end of 2025, this is an ideal opportunity for an owner-user or investor seeking a fresh lease-up in a rapidly growing area
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
15,106 SF
Building Class
B
Year Built
1981
Price
$3,776,500
Price Per SF
$250
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
7,553 SF
Building FAR
0.34
Lot Size
1.02 AC
Opportunity Zone
Yes
Zoning
CBD - Central Business District
Parking
50 Spaces (3.31 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Accelerated Personnel
- Administrative and Support Services
- -
- -
- -
- -
- ARP/Phoenix
- Health Care and Social Assistance
- -
- -
- -
- -
- Asheville Staffing Resources
- Administrative and Support Services
- -
- -
- -
- -
- Crest View Recovery Center-asheville, Nc
- Health Care and Social Assistance
- -
- $28.68
- Triple Net
- Jan 2026
- Mission Health & Hospitals
- Health Care and Social Assistance
- -
- -
- -
- -
- Palmetto Long Term Care Pharmacy
- Retailer
- -
- -
- -
- -
- Patton Counseling Service
- Health Care and Social Assistance
- -
- -
- -
- -
- Schwartz, Howard
- -
- -
- -
- -
- -
- TGH Properties LLC
- -
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Accelerated Personnel | Administrative and Support Services | - | - | - | - | |
| ARP/Phoenix | Health Care and Social Assistance | - | - | - | - | |
| Asheville Staffing Resources | Administrative and Support Services | - | - | - | - | |
| Crest View Recovery Center-asheville, Nc | Health Care and Social Assistance | - | $28.68 | Triple Net | Jan 2026 | |
| Mission Health & Hospitals | Health Care and Social Assistance | - | - | - | - | |
| Palmetto Long Term Care Pharmacy | Retailer | - | - | - | - | |
| Patton Counseling Service | Health Care and Social Assistance | - | - | - | - | |
| Schwartz, Howard | - | - | - | - | - | |
| TGH Properties LLC | - | - | - | - | - |
1 1
Walk Score®
Very Walkable (87)
PROPERTY TAXES
| Parcel Number | 9648-38-0424-00000 | Improvements Assessment | $943,600 |
| Land Assessment | $1,688,400 | Total Assessment | $2,632,000 |
PROPERTY TAXES
Parcel Number
9648-38-0424-00000
Land Assessment
$1,688,400
Improvements Assessment
$943,600
Total Assessment
$2,632,000
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90 Asheland Ave
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