101 Patton AvenueAsheville, NC 28801Sale Price: $1,879,750

  • Sale Price: $1,879,750
  • 18 Days Since Sale
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Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $650,000List Price
  • 0.13Acreage
  • 10,725Square Feet

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Extremely are opportunity to purchase property currently housing the Jubilee Community Church on 2 levels totaling 10,725 SF in heart of Downtown Asheville steps to the Grove Arcade, Pritchard Park and Harrah's Cherokee Center & Thomas Wolfe Auditorium. Property is in the Central Business District so there is a wide array of potential commercial uses for the existing structure. The upper level has 65 feet of frontage on Wall Street w/ approximately 5850SF. The lower level has 65 ft of frontage on Patton Ave. w/approximately 4875SF. The Lower level can be demised off and sold as a commercial condominium separately. The entrance to the property is directly across from the City owned Wall Street Parking garage with 475 parking stalls. The proximity to surrounding downtown businesses also makes this property ideal for other approved mixed-use redevelopment projects (zoned CBD). With minimal vertical development the property could take in substantial long-range mountain views.
Listed by Jim Davis and Joe Tavormina of NAI Allen Tate Beverly-Hanks Commercial

Listing Sold by MLS Administration

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