5 Ravenscroft Drive

Asheville, NC, 28801

$2,500,000

$192 per ft²
$2,500,000
$192 per ft²
Active Under Contract
Active Under Contract
 - For Sale
baths
5 Baths
carpenters-square
12,981 ft²
property_type
Commercial
calendar
Built 1929
Freestanding multi-tenant historic downtown Asheville office for sale. 1929 design by William J. East for Odd Fellows Lodge. On National Register. Grand brick façade, terracotta trim, elaborate windows, arched alcove porch. Double wooden doors w/transoms, lobby with mottled pink Georgia marble floors, solid doors w/ brass hardware, original schoolhouse lights. Balcony staircase, 16’ ceilings in expansive upstairs space for events or open office. Modern upgrades include new elevator, electrical, central HVAC. Fully occupied with 9 tenants. Connected to ERC broadband network. Within steps of Asheville’s best restaurants, breweries, retail, yet on a quiet street. Multi-tenant office investment , or professional office, or owner-occupant. 2 separate entrances provide options. Potential for residential or hospitality conversion. 13 onsite surface parking spaces, plus free public street parking, adjacent pay lots, nearby garage.
MLS® ID:
3798162
Listed:
10/12/21
Updated:
7/5/22

Interior Features

Total Bedrooms
0
Total Bathrooms
5
Floor Description
Carpet, Marble, Wood
Cooling
Central Air
Heating
Electric

Exterior/Building Features

Lot Size
6,534 ft² lot
Architectural Style
Office
Roof
Rubber

Other Property Details

Garage
No
Parking
N
Parking Total
13.0
View
N
County
Buncombe
Utilities
City Sewer, City Water, Electricity Available, Fiber Optics, Telephone On-Site
Pool
No
Total Stories
3

Property History

Date
Event
Price
Value
5/10/22
Active Under Contract
-
-

Courtesy of Stephanie West, Whitney Commercial Real Estate

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