Major Retail site on Patton Ave!

956 & 960 Patton Ave, Asheville, NC

$5,900,000

Price

4,404 sqft

Building Size

4.25 acres

Lot Area

Overview
Building Size
4,404 sqft
Lot Area
4.25 acres
Floors
1
Parking Spots
30
Description

Rarely available-Major Retail land and building for redevelopment and investment. Very unique opportunity to purchase a large tract of land on a major commercial corridor and retail trade area! 180' of frontage on Patton Avenue. Large flat areas for development, even with gentle slope of property. 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. Sale is 2 parcels, one with an operating Krispy Kreme. The other is currently a mini-golf operation. 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*NO DRIVE BYS PLEASE

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 site
  • Almost 50,000 Cars per Day
  • 6 lane US Highway.
  • 180' of frontage
  • 3 curb cuts
  • Surrounded by many national retailers
  • Close proximity to downtown Asheville
Documents

Location