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      179 Merrimon AvenueWeaverville, NC 28787MLS Number CAR3467404

      • Price: $5,250,000The price has recently decreased
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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 2.98% last updated on 2021-04-29

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      Active with Contract
      179 Merrimon Avenue Weaverville NC 28787179 Merrimon Avenue Weaverville NC 28787179 Merrimon Avenue Weaverville NC 28787179 Merrimon Avenue Weaverville NC 28787179 Merrimon Avenue Weaverville NC 28787179 Merrimon Avenue Weaverville NC 28787179 Merrimon Avenue Weaverville NC 28787179 Merrimon Avenue Weaverville NC 28787179 Merrimon Avenue Weaverville NC 28787179 Merrimon Avenue Weaverville NC 28787179 Merrimon Avenue Weaverville NC 28787
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      • $5,250,000List Price
      • 11.12Acreage
      • 121813Square Feet
      • 1973Year Built
      Great Investment Opportunity with fully leased building with long term anchor tenant. This facility has been 100% leased since 2016. North Asheville/Weaverville area. Easy access to future I-26. Multiple tenant facility with office, warehouse, & production areas. Heavy power, compressed air lines, covered loading area. Owner has completed many upgrades to the improvements since purchasing in 2014. Upgrades include a two new restrooms, front office renovations, new HVAC unit, 9 new gas hanging heaters, T-8 lighting retro kits installed, and entire roof now has hydrostop roofing system.
      Listed by Donna Logan of Cornerstone Real Estate Cons.

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      Basic Information

      • ForeclosureY
      • List Price$5,250,000
      • MLS NumberCAR3467404
      • MLS StatusActive Under Contract
      • Property SubTypeCOMMERCIAL

      Property

      • Acreage11.12
      • Parking Spaces125

      Property Information

      • Gross Scheduled Income $466,989
      • Inclusions Building, Land
      • Net Operating Income $382,585
      • Number Of Buildings 1
      • Operating Expense $182,294

      Tax Information

      • Taxes$1,698,000

      Building

      • Foundation Details Slab
      • Square Feet121813
      • Stories1
      • Year Built1973

      Interior

      • Flooring Carpet, Concrete

      Exterior

      • Roof Built-Up

      Location

      • Building Number179
      • CountyBuncombe
      • Directions From I-26 West take Exit 21 for New Stock Road. Turn right off exit and immediate left turn north onto Merrimon Ave./Weaverville Hwy (19-23). Follow Merrimon Avenue 2 miles north. Property is on the left.
      • StateNC
      • StreetMerrimon Avenue
      • Zip28787

      Utilities

      • Cooling Office Only
      • Utilities City Sewer, City Water

      Other

      • View Count280

      Broker Reciprocity © 2021 by the Canopy MLS. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The IDX data is deemed reliable but is not guaranteed by MLS GRID and may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS.  Based on information submitted to the MLS GRID as of May 6, 2021 11:27 AM EDT . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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