101 Patton Avenue, Asheville, NC 28801 (MLS # 3900620)

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PRICE $5,900,000 dsIDX morgage calculator
SIZE n/a
LOT SIZE 5,663 sqft

Extremely rare opportunity to purchase property currently housing the Jubilee Community Church on 2 levels totaling 10,725 SF in the 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 with approximately 5850SF. The lower level has 65 ft of frontage on Patton Ave. with 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.

YEAR BUILT 1936 COUNTY Buncombe
STATUS Active PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Central, Central Air
AIR CONDITIONING Yes
AREA Jubilee Community Church
CONSTRUCTION Block, Concrete, Frame, Glass, Metal, Stucco, Wood
HEAT Central, MultiZone Heat
LOT 5663 sq ft
LOT DESCRIPTION Elevation 2000
MLS STATUS Active
PARKING Wall Street City Parking Structure directly across the street with 475 stalls
STYLE Office, Site Built
UTILITIES Cable Available, City Sewer, City Water, Electricity Available, Fiber Optics, Natural Gas Available, Telephone On-Site
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Listed with NAI Allen Tate Beverly-Hanks Commercial
Date last updated: 10/1/22 8:18 AM PDT

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