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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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14 Haywood St , Asheville, NC 28801
$5,200,000
Est. Payment: $11,555.56/mo
0 Bed
0 Bath
22615 Sqft
Status: Active | Days on site: 288
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NCM13590 - wburk,R16713
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House Description

The historic Miles Building, constructed in 1903 and once home to the Asheville Men’s Club, offers a unique and storied past (though not on the National Register, facilitating easier redevelopment). Located at the signalized corner of Haywood and College Streets, this prime property boasts frontage on four major downtown streets, with a generous 260 feet of ground-floor street frontage. The building’s three stories feature sophisticated office spaces on the second and third floors, while the ground floor is home to lively retail establishments. The stunning Art Deco design and architectural details have been impeccably preserved. Situated within the CBD zoning district and designated as part of the "Small Hotel Overlay," this property presents tremendous income potential with below market rents, and exciting redevelopment opportunities. Asheville, a top international travel destination attracting 20 million visitors annually, draws affluent tourists seeking luxury experiences.

Highlights

Listed by Jason Burk , 828-674-2120 and Laiken Moore , 828-674-2120 Whitney Commercial Real Estate , 828-665-9085.

Property Type

Commercial Sale

Lot/Acreage
0.16

Year Built

1903

County

Buncombe

Listing ID

4215560

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Basement:Storage Space

Exterior Features

Zoning:CBD
Principal Interest
$11,556
Taxes
$3,315

Home Price

$5,200,000

Loan Details

30 yrs
%

Down Payment

20%
$1,040,000
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Monthly Price:
$11,555.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,555.56 $3,315.00 $0.00 $14,870.56
Yearly $138,666.67 $39,780.00 $0.00 $178,446.67
Total $4,160,000.00 $1,193,400.00 $0.00 $5,353,400.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Asheville, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.