5 Ravenscroft Drive Asheville, NC
$ 2,500,000
Property Attributes
  • ID#3798162
  • TypeCommercial
  • CountyBUNCOMBE
  • CityAsheville
  • AreaBuncombe County
  • Zip28801
  • StyleCommercial
  • Price$ 2,500,000
  • Bedrooms0
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage12981
  • Lot Size6,534 SqFt
Listing Provided Courtesy Of:
Whitney Commercial Real Estate
Data Source:
Canopy MLS
Property Description

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.

Price History
10/20/2021 Listed $2,500,000

General Features

Car Hoasubjectto None
City Asheville
Construction Materials Brick
Cooling Central Air
County Buncombe
Days on Market 28
Directions Located off Ravenscroft Drive in Central Business District of Asheville
Flooring Carpet, Marble, Wood
HLA Area 12981
Heating Electric
New Construction No
Possible Use Commercial
Property SubType Commercial
Property Type Commercial Sale
Restrictions None
Roof Rubber
Secondary Sub-Type Showroom/Office
Standard Status Active
Street Name Ravenscroft
Structure Type Office
TaxAssessedValue 1572000
Total Units 9
Utilities City Sewer, City Water, Electricity Available, Fiber Optics, Telephone On-Site
Virtual Tour
Year Built 1929
Zoning Description CBD

Interior Features

Living Area 12981
Street Suffix Drive
Total Baths 5
Total Stories 3

Exterior Features

Building Area Total 12981
Foundation Details Block
Inclusions N/A
Lot Dimensions 134x48
Lot Size Area 0.15
Number of Buildings 1
Road Frontage 50
Road Frontage Type City Street, Interstate, Paved Road
Road Responsibility Public Maintained Road
Total Parking 13


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 28801

AVG $460K
AVG 112
Year Built
AVG 1947
AVG 77
Data Provided by Walkscore ® not using MLS data

Areas We Cover