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244 Short Coxe Avenue, Asheville, NC 28801

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For Sale

$2,350,000

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • Over 50 Years Old
    Age

Explore this Property

DPA is pleased to present 244 Short Coxe Avenue, a fully leased multi-tenant commercial building in downtown Asheville's South Slope (Central Business District). Built in 1930 and extensively renovated with modern amenities, the 6,800 square feet building is subdivided into 4 commercial units. Prominently fronting Short Coxe Avenue, the building is anchored by a full service cafe and bakery (Suite 110) and a beauty salon (Suite 120). The lower portion of the building features a vintage clothing/tattoo retail shop (Suite 130), an artist studio (Suite 140), and excess outdoor space. Please reach out to broker for additional information. Do not disturb Tenants. **Highlights** -Freestanding Commercial Building in Prime South Slope Location -On-Site Parking with Excess Acreage -Central Business District (CBD) Zoning -Fully Leased: 4 Tenants, NNN Leases with Annual Increases -Generating approx. $150k annually (2025) -Close Proximity to Downtown, River Arts District, Mission Hospital and future Novant Health facility -Easy Access to Biltmore Avenue and I-240 -Surrounded by Local Breweries, Restaurants, and New Development
MLS# 4326806

Courtesy Of Dewey Property Advisors

(828) 548-0090

Property Features

  • Age
    Over 50 Years Old

Map and Directions

Directions to 244 Short Coxe Avenue, Asheville, NC 28801

Home seller CENTURY 21 Mountain Lifestyles

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Mountain Lifestyles

(828) 575-9002
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.