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Investment Highlights

  • Perfect as an empty slate redevelopment project. Could be a great dive bar, restaurant, food service, small warehouse.
  • 1/2 a block from the 240 Connector.
  • A great long-term hold.
  • Excellent location at the intersection of Woodfin and Broadway - multiple signalized intersections.
  • Located in the heart of the North Lexington Avenue district.

Executive Summary

Owner financing a possibility at commercial lending rates. Great opportunity in downtown Asheville at the intersection of Woodfin and Broadway just behind the Lazy Diamond and 1/2 block from the 240 Connector. Block building with rollup door. A perfect empty slate for redevelopment. .15 Acre corner lot in the heart of the North Lexington Avenue district. Could easily be a great dive bar or food service or a small warehouse. Or all of the above. A great long term hold. County records show 1985 as the age but that is not correct.

Property Facts

Price $725,000
Price Per SF $402.78
Sale Type Investment
Sale Condition Redevelopment Project
Property Type
Flex
  • General Retail Bar
  • General Retail Fast Food
  • General Retail Storefront
Building Class C
Lot Size 0.15 AC
Rentable Building Area 1,800 SF
No. Stories 1
Year Built 1985
Tenancy Single
Zoning CBD - Central Business District
Very walkable
80/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
9649-31-9526-00000
Land Assessment
$490,100
Improvements Assessment
$34,200
Total Assessment
$524,300
  • Listing ID: 34998802

  • Date on Market: 3/3/2025

  • Last Updated:

  • Address: 93 Broadway St, Asheville, NC 28801

Contact the Sale Advisor

Prime Downtown Land for Redevelopment | 93 Broadway St

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