28 N Spruce Street Asheville, NC $ 1,590,000
28 N Spruce Street
$ 1,590,000
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28 N Spruce Street

Asheville, NC, 28801
$ 1,590,000
Baths0.0

Monthly Estimate*

$ 11,107

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Studio

Commercial Property for sale in Asheville, NC

for $1,590,000. This building was built in 1922 on a lot size of 0.1.

For Sale: distinguished cornerstone of Downtown Asheville, this iconic property stands where the revered Hunter and Coggins Clothing shop once served the community. Robust brick and steel construction, this commercial jewel offers expansive levels of prime urban space, including a remarkable second floor accessible by a unique drive-up ramp—practical as it is impressive. Nestled in the vibrant heart of Asheville, advantageous CBD Zoning, and Hotel Overlay-District B (exclusively for boutique accommodations), this property is a canvas for visionaries. Envision a chic boutique hotel, a bustling office space, or a trendy restaurant or retail hub—this versatile locale invites many entrepreneurial possibilities.

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Commercial Contingent

Price

$ 1,590,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Business

Lot Size

0.1

Year Built

1922

Town/City

Asheville

County/Region

Buncombe

MLS | Web ID

4086720

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Roof Rubber
Zoning CBD
Construction Materials Brick Full
Year Built 1922
Property SubType Business
County Buncombe
New Construction N
Property Type Commercial Sale
Possible Use Commercial Development
Directions GPS
City Asheville
Street Name Spruce
Standard Status Active Under Contract
Restrictions N/A
Tax Assessed Value 1208000
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Interior
Flooring Carpet Linoleum Wood
Street Suffix Street
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Exterior
Water Source City
Inclusions Building
Lot Size Area 0.1
Foundation Details Crawl Space Slab
Road Surface Type Paved
Lot Size Units Acres
Road Frontage Type City Street
Road Responsibility Publicly Maintained Road
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Internal Only
Street Number 1 28
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* Excluded Features
List By
Allen Tate/Beverly-Hanks Asheville-North

Broker

Affordability Calculator

$11,107
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,107
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
294628 Elementary School
294724 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/8/2024$1,590,000 -14.05% Price Down
11/30/2023$1,850,000 -14.94% Price Down
11/10/2023$2,175,000 Listed Price

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28 N Spruce Street, Asheville, NC, 28801 is a Commercial Property for sale at $1,590,000 with a lot size of 0.1. 28 N Spruce Street is a studio with 0.0 baths and was built in 1922. The property's zip code is 28801 which is in Asheville, NC