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$590,000
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Property Description
This is a rare opportunity to acquire a well-maintained 3,900 SF office building in Asheville, NC, offering immediate income and long-term upside. Currently leased (Gross Lease) to a North Carolina State department, the property benefits from stable tenancy with a scheduled rent increase in September 2025. Positioned just minutes from I-26, the property boasts excellent accessibility and convenience, making it attractive for a wide range of future uses or tenants. The site also features on-site parking and/or potential use as a lay-down yard, offering flexible functionality for various business needs. This asset is perfect for investors seeking predictable cash flow today with significant appreciation potential in the future. Whether you're looking to hold for income or reposition down the line, this property offers both security and upside in one of Western North Carolina's most dynamic markets.
Full Property Details
Full Property Details for 786 Dogwood Rd
General
- Sold For: $590,000
- Status: Closed
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4247929
- Added to Site: 274 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Parking
- Parking Features: Parking Lot, Parking Space(s)
Location
- County: Buncombe
- City Limits: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Electricity Connected
Structural Information
- # Buildings: 1
- Construction: Site Built
- Exterior Const.: Brick Full
- Roof: Metal
- Square Feet: 3,900
- Minimum Avail: 3,900 Sq. Ft.
- Year Built: 2002
Lot Features
- Street/Road Desc.: Paved
- Elevation (Approx.): 2000
- Rcmdd Zoning: CI
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Restrictions: No Representation
- Inclusions: Building, Land
- Property ID: 9627-82-3371-00000
- Lot Number: 2628-133
Listed by Likewise Commercial Real Estate
Sold by Rob McKown
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Schools
Schools serving 786 Dogwood Rd
School District:Buncombe County Schools
| Name | Grades | Distance |
|---|---|---|
Enka Intermediate 125 Asheville Commerce Parkway, Candler, NC 28715 | 5-6 | 1.9 mi |
Sand Hill-Venable Elementary 154 Sand Hill School Road, Asheville, NC 28806 | PK-4 | 2.2 mi |
Enka Middle 390 Asbury Road, Candler, NC 28715 | 7-8 | 3.5 mi |
Enka High 475 Enka Lake Road, Candler, NC 28715 | 9-12 | 3.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 786 Dogwood Rd
Date
Details
Price
Change
Source
9/03/2025
Sold
$590,000
-13.87%
MLS
7/11/2025
Price Reduced
$685,000
-1.44%
MLS
5/23/2025
Price Reduced
$695,000
-7.33%
MLS
4/18/2025
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
786 Dogwood Road, Asheville, NC 28806 (MLS# 4247929) is a Commercial property that was sold at $590,000 on September 03, 2025. Want to learn more about 786 Dogwood Road? Do you have questions about finding other Commercial real estate for sale in Asheville? You can browse all Asheville real estate or contact a Coldwell Banker agent to request more information.

