440 Montford Ave | Asheville, NC 28801
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- LoopNet Team
440 Montford Ave
Asheville, NC 28801
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Minutes from Downtown Asheville
- Historic Montford location, quiet neighborhood
- Current Mercer Advisors lease: 3-year base term with two 2-year options
- Ample parking
- Same tenancy for past 10 years -- Starks Financial Group (Raymond James Financial Svcs) was acquired by Mercer Advisors in July 2022
- 3% annual rental increases
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
4,800 SF
Building Class
C
Year Built
1905
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
1,600 SF
Building FAR
0.28
Lot Size
0.39 AC
Zoning
Office - City of Asheville -- Office Zoning District and within the Montford Overlay District
Parking
15 Spaces (3.13 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
- Security System
- Kitchen
- Reception
- Storage Space
- Basement
- Central Heating
- High Ceilings
- Natural Light
- Hardwood Floors
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 9639-85-9123-00000 | Improvements Assessment | $662,700 |
| Land Assessment | $220,900 | Total Assessment | $883,600 |
PROPERTY TAXES
Parcel Number
9639-85-9123-00000
Land Assessment
$220,900
Improvements Assessment
$662,700
Total Assessment
$883,600
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