A once in a lifetime opportunity to own nearly an entire city block in downtown Asheville totaling almost 2 acres, the longtime location of the Moog Music headquarters. The existing tenant that occupies many of these buildings will be relocating creating an opportunity to occupy or invest in this property. 9 Parcels, 7 Buildings in total, 4 have gone through complete renovations. This property offers a variety of opportunities for investors, users, and developers. See offering Memorandum for more details.

Offering includes: 

160 Broadway: +-17,660GSF on two levels, both floors being utilized currently as office and manufacturing (Leased)

164 Broadway: +-12,000GSF on two levels, the first floor being utilized as flex warehouse and the second floor as modern office. 166 Broadway = .14 acre parking lot (Leased)

170 Broadway: +-2254GSF completely renovated two level structure currently built out as a modern recording studio (Leased) 

174 Broadway: +-8800GSF two level structure with a music and event venue on the first floor and offices on the second floor (Second story leased)

176 Broadway: +-3525GSF of flex warehouse space (Leased)

178 Broadway: +-3825GSF of flex warehouse space (Leased) 

24 Marcellus: +-5845GSF of flex warehouse space (Leased)

99999 Marcellus: 0.15 acre parking lot. (Leased)

$9,900,000 | MLS #4164313

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A unique investment opportunity to own a turnkey gated luxury mountain community! Located minutes from downtown Waynesville, this property is the ultimate combination of privacy and convenience. A variety of long-range mountain views including many homesites overlooking downtown Waynesville. All roads are completed, buried electric, street lights, custom wood gates, guardhouse, and substantial stonework welcomes you upon entering. This property is being offered for substantially less than what has been invested. For the right buyer, the owners are open to selling in phases as well as creative financing options. Platted with over 40 residential homesites, the property would also work fantastic as a private family estate.

$2,950,000 | MLS: 3576745 

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Highly flexible 41,600sf warehouse/manufacturing facility. With an open interior, the space features 25'x33' column spacing, 20' ceiling height, three dock doors, two roll up drive-in doors, and room to expand the structure if needed. The building is sprinkled and has 3 phase 208v power, natural gas, sewer and water. The building sits on 2.44 acres directly across the street from Depot Park and the Estatoe Trail. The current tenant plans on vacating in the coming months so the building would be delivered vacant. For a user creating jobs there may be a variety of local and state grants available for building reuse, development, Duke Energy rider, and employee training. The property is conveniently located in the highly desirable community of Brevard and less than 1 mile from the bustling downtown. 

$2,700,000 | MLS #4061459

A one of a kind, 6 parcel redevelopment opportunity prominently sited on high traffic Merrimon Ave, with frontage extending all the way up to Chatham Road . This assemblage sits at the gateway to UNC Asheville, with walkability to downtown Asheville, and is prime for new vision. These 6 parcels make up over 1.1 acres total, with more than145 ft of high visibility Merrimon Ave frontage. An ideal opportunity for a mixed-use redevelopment, or new retail. Call listing brokers for more information.

$2,409,250 | MLS #4224823

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Prime Medical Office with Development Opportunity in West Asheville. Situated just off Patton Ave., this pristine 2,290 SF medical office has ample parking, sits on .73 acres & is offered as an assemblage with an adjacent 1.38-acre flat, developable parcel, totaling 2.15 acres. The existing office building is in excellent condition & features a welcoming waiting room, reception area, 6 private offices, nurses station, file room, kitchen, & 4 restrooms. Zoned "Office District", the property allows for a wide range of commercial and residential uses. With residential density up to 20 units per acre by right, the site offers potential for up to 43 dwelling units or additional commercial improvements. Not in a flood zone, this is a great potential mixed use site in one of Asheville's most in-demand submarkets. Appraised 8/24 and priced at appraised value, this is a rare opportunity to capitalize on West Asheville's growth.

$1,180,000 | MLS # 4239755

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Parcel #1 of four outparcels within the Northridge Commons Shopping Center. This site is 4.53 acres adjacent to the recently developed Hobby Lobby, Marshalls, and Dollar General. Northridge Commons also is supported by numerous nationally branded anchor tenants including Lowes, Walmart Supercenter, Sonic, and Gamestop. Access is immediately off of I-26 with a traffic count of 50,000+ via Weaver Blvd with a traffic count of 18,904. Site #1 would be ideal for a hotel or other commercial development. Three additional outparcels available. 

$1,500,000 | MLS: ‍3806182  

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Rare ~29 acre industrial site with deeded rail spur and truck scale located 1/4 mile from the CSX/Norfolk Southern (Clinchfield) railroad crossing! Located on the eastern fringe of the Marion city limits, this property is well suited for big industry and offers easy access to multimodal points of transportation and supply chain connections via two rail lines. Currently a metal recycling facility, the building is ~7,450 sq ft including ~750 sq ft of conditioned office space and features a roll-up drive-in door, service window, and multiple points of entry into the warehouse. The property's location in North Carolina offers businesses a low corporate income tax rate of just 2.5%, which is the lowest among 44 states that levy this tax. Additionally, the county has a tier 2 ranking which might offer the potential for economic incentives through new job creation. 

$1,495,000 | M2 

Parcel #2 of four outparcels within the Northridge Commons Shopping Center. This site is approximately 1.9 acres to be subdivided. Northridge Commons is supported by numerous nationally branded anchor tenants including Lowes, Walmart Supercenter, Hobby Lobby, Marshalls, Dollar General, Sonic, and Gamestop. This site includes high visibility from I-26. Access is immediately off of I-26 with a traffic count of 50,000+ via Weaver Blvd with a traffic count of 18,904. Parcel #2 would be ideal for a Quick Service Restaurant or other commercial development. Three additional outparcels available. 

$1,250,000 | MLS: ‍3806198 

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Prime piece of flat, buildable, commercial land zoned Regional Commercial (RC), ideally situated 0.4 miles from the

Upward Rd exit of I-26. 320 ft of frontage on Upward Rd w/ excellent visibility and access. Located at a hard corner of a signalized intersection. Potential for multiple points of ingress/egress. Utilities available to the site. Possible uses include hospitality, retail, self-storage, industrial, and/or convenience store. Only 4.5 miles from downtown Hendersonville, 15- minute drive to Asheville Regional Airport, and a 45-minute drive to Greenville, SC. 

Under Contract

$1,240,000 | MLS: 4099604  

Comprised of three parcels with a 15,337 SF block, brick, and stone structure with high ceilings and two roll-up dock doors, this is a fantastic adaptive reuse opportunity in a fast growing high traffic area of Asheville. Sale includes .29 acre parking lot across the street which will be incredibly valuable as parking is a limiting factor for many businesses on Sweeten Creek Rd. The entire structure is usable, however, will require a roof repair or replacement. Roofing quotes are available on request. Property is zoned CI which allows for a wide range of uses. A short distance to Biltmore Village, recently redeveloped commercial properties, and many new breweries, restaurants, retail shops, and apartment complexes. 

$1,100,000 | MLS: 3577723  

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A one of a kind, 4 parcel, redevelopment opportunity prominently sited on high traffic Merrimon road. This property sits at the gateway to UNC Asheville, with walkability to downtown Asheville, and is prime for new vision. These 4 parcels make up over 145 ft of high visibility Merrimon street frontage and provide an ideal opportunity for a mixed-use redevelopment project. Existing early 1900s two story masonry building may have potential for adaptive reuse and incorporation into new master plan, buyer to verify.. Offerings below:

498-502 Merrimon Ave: $885,240 | MLS: 4099862

498-502 Merrimon Ave: $885,240 | MLS: 4100163

498-500 Merrimon Ave: $263,000 | MLS: 4099641

502-506 Merrimon Ave: $621,740 | MLS: 4099867

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A great multifamily value add opportunity! The sale includes both 144 Nottingham Dr. with a total of five units and 110 Evergreen Ln. with a total of four units. Both properties also include a second parcel with the potential opportunity to expand or build additional structures. Two units at each property have been partially renovated. There is significant potential for rent growth by renovating the five non-updated units or by doing a complete renovation on all units. Additionally, the non-updated units have purposely been rented on a month-to-month basis to allow a new owner an easy transition for renovations. All other units currently have yearly leases. Reach out to the listing brokers for more details on in-place financials and projected pro forma. Buyer responsible for confirming all unit conditions, mechanical details, and other items of importance prior to closing as the ownership is not local and makes no representation. 

$875,000 | MLS: ‍4159310 

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Parcel #3 of four outparcels within the Northridge Commons Shopping Center. This site is approximately 1.27 acres to be subdivided. Northridge Commons is supported by numerous nationally branded anchor tenants including Lowes, Walmart Supercenter, Hobby Lobby, Marshalls, Dollar General, Sonic, and Gamestop. This site includes high visibility from I-26. Access is immediately off of I-26 with a traffic count of 50,000+ via Weaver Blvd with a traffic count of 18,904. Site #3 would be ideal for a Quick Service Restaurant or other commercial development. Three additional outparcels available. 

$850,000 | MLS: ‍3806215   

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New construction on Charlotte Highway with fantastic roadside visibility and a nearby traffic count of 29,758. Convenient to I-40, I-240, and the Blue Ridge Parkway interchange. Elevator servicing all three floors as well as sprinkled. Large windows make this a bright inviting space. Multiple options available. 

$795,000 | MLS: 4073067‍
$397,500 | MLS: 4073066
$5,111.00/month | MLS: 4073048
$2,556/00/month | MLS: 4073044

Excellent 2-acre corner parcel in front of Home Depot at Linda Vista Drive and Staton Avenue. Great visibility, just one block off Four Seasons Blvd., with 34,000 cars per day, and Blue Ridge Mall. 

$490,000 | MLS: ‍3139631

Prime commercial land situated in a highly desirable location along a major commercial corridor, just half a mile from I-40. With traffic counts at 20,000+ vpd, this site offers excellent visibility and accessibility. Adjacent to a Dollar General and surrounded by general retail, big box retail, grocery-anchored retail, multifamily, and hospitality, this flat and graded site is ready for immediate development. The owner is also open to considering a build-to-suit arrangement for the right long term tenant. 

$333,000 | MLS: ‍4151036

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Discover 7,500 SF of versatile showroom/warehouse space, including 1,276 SF of office, ideal for a variety of uses. This flexible interior features one dock door, on-site parking and access to an incredible courtyard. Located on Sweeten Creek Road, just minutes from Biltmore Village, this property sits in the newly designated "Design District," surrounded by high-traffic neighbors like Atelier Maison, ID.ology Interiors & Design, and Livingstone Design & Build. A prime opportunity in a thriving creative hub! Tenant responsible for Electric and TICAM, Landlord pays for Gas, water, and sewer.

$8,500/month | MLS: 4220314

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A fantastic lease opportunity right in the heart of the quickly growing Sweeten Creek Road corridor. A very short distance from Biltmore Village, this area has seen many adaptive reuse projects taking place and has become very desirable for food and beverage, retail, office, and brewery use. Over the last few years this property has gone through roughly half a million dollars of improvements including an up fit on the rear half of the building as a large open floor plan bar with indoor and outdoor seating, and the front portion as a yoga studio with reception and two private studio spaces. The property includes indoor and outdoor tables and chairs, a walk-in cooler, ice maker, under bar fridge, three-piece sink, a roll up door, and more. The property has on-site parking, however, that parking was reduced with the previous tenant's addition of the exterior bar space so a new tenant will need to confirm parking requirements for their specific use.

$7,902/month | MLS: 4181467

Property owner is open to leasing this property while for sale. High visibility and flexible C-3 zoning make this a fantastic location for a variety of businesses that would benefit from this high traffic location. This flat site would be an ideal lease opportunity for parking, laydown yard, staging area, etc. Fantastic commercial development opportunity located directly off of I-40 at exit 128 between Hickory and Conover. Many supporting businesses and substantial growth in nearly all directions make this site an ideal location to purchase and build before property values go higher in this area. 

For Lease: $750.00/month | MLS: 4161882