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339 MERRIMON AVE
ASHEVILLE, NC 28801-1223
Asking Price
$1.50M
Asset Type
Traditional Office Office
Class
Class B
What's Special
Renovated Class A Office for Sale <ul><li>±3,821 SF turn-key office on 0.18 acres in prime North Asheville</li><li>Exceptional Merrimon Avenue visibility with legacy signage and ±20,000 VPD</li><li>Class A finishes, hardwood floors, abundant natural light, and stylish interiors</li><li>Flexible multi-use layout ideal for office, professional services, owner-user, or investor</li><li>Fully renovated in 2018 with nine on-site parking spaces plus nearby overflow parking</li><li>Minutes from I-240, I-26, Charlotte Street, and
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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179
