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16 College Street

Asheville, NC 28801
  • $4,450,000
  • STATUS: Active
  • ON SITE: 33 Days
  • ID#: 4080623
$4,450,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1898
County:
Area:

School Ratings & Info

Canopy MLS logo Offered by G/M Property Group: 828-281-4024. Copyright 2023 Canopy MLS. All rights reserved.

Description

OUTSTANDING INVESTMENT OPPORTUNITY IN THE HEART OF DOWNTOWN ASHEVILLE. NEW 10-YEAR NNN LEASE TO PRESTIGIOUS FINANCIAL ADVISORY FIRM. - Prominent, historic building located in the core of downtown Asheville, NC. Meticulously renovated since 2016 into Class A office space. - New 10-year single tenant lease to creditworthy tenant, Modera Wealth Management, successor to Parsec Financial Management. - Triple net (NNN) investment opportunity requiring minimal management. - Below market rental rate provides tremendous long-term upside potential. Headquarters for Parsec Financial Management for 40 years, a testament to the firm's long term commitment to downtown Asheville. ***SEE BROCHURE FOR MORE INFORMATION***

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MLS Grid logo Based on information submitted to the MLS GRID as of 2023-12-04T23:33:12.977 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Ann Rudd Group | Epique Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2023 Canopy MLS.

Some IDX listings have been excluded from this website.

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16 College Street Asheville, NC 28801

  • Price: $4,450,000
  • Status: Active
  • On Site: 33 Days
  • ID#: 4080623
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1898
Built
County:
Buncombe
Area:
Asheville
Property Description
OUTSTANDING INVESTMENT OPPORTUNITY IN THE HEART OF DOWNTOWN ASHEVILLE. NEW 10-YEAR NNN LEASE TO PRESTIGIOUS FINANCIAL ADVISORY FIRM. - Prominent, historic building located in the core of downtown Asheville, NC. Meticulously renovated since 2016 into Class A office space. - New 10-year single tenant lease to creditworthy tenant, Modera Wealth Management, successor to Parsec Financial Management. - Triple net (NNN) investment opportunity requiring minimal management. - Below market rental rate provides tremendous long-term upside potential. Headquarters for Parsec Financial Management for 40 years, a testament to the firm's long term commitment to downtown Asheville. ***SEE BROCHURE FOR MORE INFORMATION***
Exterior Features

Carport YN No Construction Materials Brick PartialHard StuccoOther - See Remarks Other Parking None Parking Total 0 Road Frontage Type City Street Road Responsibility Publicly Maintained Road Road Surface Type Paved Roof ShingleRubber

Interior Features

Basement FullInterior EntryPartially Finished Basement YN Yes Cooling Central AirDuctlessHeat PumpZoned Heating Heat PumpOffice OnlySeparate MetersZoned

Property Features

Auction YN No CCRSubject To No City Taxes Paid To Asheville Complex Name None Hoa Subject To None Inclusions Building Inside City YN No Lease Considered YN No New Construction YN No Property Sub Type Office Restrictions N/A Restrictions Description None Senior Community YN No Sewer Public Sewer Special Listing Conditions None Water Source City Zoning CBD



MLS Grid logo Based on information submitted to the MLS GRID as of 2023-12-04T23:33:12.977 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Ann Rudd Group | Epique Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2023 Canopy MLS.

Some IDX listings have been excluded from this website.

Digital Millennium Copyright Act
 
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Ann Rudd Group | Epique Realty
10700 Sikes Place, Suite 200
Charlotte NC, 28277
Canopy MLS logo Offered by G/M Property Group: 828-281-4024. Copyright 2023 Canopy MLS. All rights reserved.