Industrial

114 Buckeye Cove Road : Swannanoa NC

LOCATION Swannanoa, NC
SALE PRICE $930,000
GROSS LEASABLE AREA 29,770 SQFT
PRICE/SQFT $31.24
CAP RATE N/A
OCCUPANCY 0%
LAND AREA 1.75 acres
PRICE/LAND SQFT $53,142.86
SELLER Asheville Savings Bank, S.S.B.
CLOSING ISSUES Substantial price reduction due to extensive deferred-maintenance discovered during due-diligence.
MAJOR TENANTS Kmart

High-quality production/warehouse facility that is fully-sprinklered with 26'-32' ceilings, loading dock and drive-in door. Included ±7,000 SQFT of finished office space. Following an extensive worldwide marketing campaign, the Property was ultimately purchased by an international manufacturer of kayaks.


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