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Frank's Plaza 90 S Tunnel Rd 8,989 SF Vacant Retail Building Asheville, NC 28805 $2,250,000 ($250.31/SF)
EXECUTIVE SUMMARY
Signalized corner location. This property is across the street from Lowe's and Walgreen's and right in the center of a retail trade area with Global retailers like Wal-mart, Target, Dick's and Ross. Excellent visibility and access from Swannanoa River Road and S. Tunnel Rd. This is the largest retail trade area west of Charlotte! The property was damaged from hurricane Helene, the existing building shell of the former strip center of 8,989 can be used and is structurally sound (do your own tests).
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,989 SF
Building Class
B
Year Built
1998
Price
$2,250,000
Price Per SF
$250.31
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
0.72 AC
Zoning
UP - Urban Planning
Parking
44 Spaces (4.89 Spaces per 1,000 SF Leased)
Frontage
165’ on S. Tunnel Rd
AMENITIES
- Dedicated Turn Lane
- Signalized Intersection
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 9658-33-4977-00000 | Improvements Assessment | $100 |
| Land Assessment | $1,215,300 | Total Assessment | $1,215,400 |
PROPERTY TAXES
Parcel Number
9658-33-4977-00000
Land Assessment
$1,215,300
Improvements Assessment
$100
Total Assessment
$1,215,400
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Frank's Plaza | 90 S Tunnel Rd
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