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$5,100,000
195 Johnston Blvd, Asheville, NC 28806
0 Beds
0 Baths
n/a sqft

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Outstanding opportunity for investors. 83,700 SF Building on 6.5 acres with a single business of surplus building materials. Seller will lease (net) back for a 10 year term beginning at $390,000 per year. Business is 17 years old and has opened a second location in Charlotte, NC. CAP rate of 7.65%.
  • Price:
  • $5,100,000
  • Acreage:
  • 6.55
  • Year Built:
  • 1995
  • Listing ID #:
  • CAR3658449
  • Street Address:
  • 195 Johnston Blvd
  • City:
  • Asheville
  • State:
  • North Carolina
  • Postal Code:
  • 28806
  • County:
  • Buncombe
  • Listing Status:
  • Active Under Contract
  • Listing Type:
  • Commercial Sale
  • Construction Type:
  • Site Built
  • Foundation:
  • Slab
  • Has Handicap Features:
  • Two Or More Access Exits
  • Number Of Units:
  • 1
  • Stories:
  • 1
  • Structure:
  • Business
  • Total # Of Buildings:
  • 1
  • Year Built:
  • 1995
  • Net Operating Income:
  • 390000
  • Elevation:
  • 1000
  • Lot Size:
  • 6.55
  • Road Frontage Type:
  • City Street
  • Suitable Use:
  • Commercial
  • Zoning Description:
  • Ind
  • Days On Market:
  • 458
  • Included In Sale:
  • Building, Land, Other
  • Originating Mls:
  • Carolina
  • Special Conditions Of Sale:
  • Subject To Lease
  • Terms:
  • Cash, Conventional, Exchange
  • Heating:
  • Electric, Natural Gas
  • Utilities:
  • City Sewer, Natural Gas Available, Telephone On-Site
  • Listing Provided By Nai Beverly-Hanks
  • NCCANOPY
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

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