960 Patton Ave

960 Patton Ave, Asheville, NC

$2,099,000

Price

4,404 sqft

Building Size

0.485 acres

Lot Area

Overview
Building Size
4,404 sqft
Lot Area
0.485 acres
Year Built
1979
Floors
1
Parking Spots
30
Description

Rarely available-land and building for redevelopment or investment. Very unique opportunity to purchase a property on a major commercial corridor and retail trade area! 140' of frontage on Patton Avenue. Excellent visibility and access. Interstate access just a few block away. Major retailers abound nearby, with a new Ingles Grocery and shopping center development taking place across the street. This is an operating Krispy Kreme. The adjacent property is also available and is currently a putt-putt with a short term lease. It is for sale at $3,800,001, and has approximately 4,25 acres. Highway Business zoning allows for a wide range of retail and commercial uses
Krispy Kreme lease expires October 31, 2023, has one renewal option, must notify by August 2nd.
*a portion of property is in the floodway *PLEASE DO NOT DISTURB TENANT

Patton Avenue is Western NC's major retail corridor. The highest traffic of any road west of Charlotte. Immediate access to interstate 240/I-26. Just across the Bowen Bridge from Downtown Asheville. Directions, from I-240/I-26, exit 3A, Patton Ave-US 19/23, .5 miles on left.

Highlights
  • Major retail corridor
  • Investment or redevelopment site
  • Additional acreage of 4.25 available
  • Almost 50,000 Cars per Day
  • A few blocks from I-240
  • Surrounded by many national retailers
  • Close proximity to downtown Asheville
Documents

Location