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498-506 Merrimon Ave 0.31 Acres of Commercial Land Offered at $1,225,615 CAD in Asheville, NC 28804

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EXECUTIVE SUMMARY

A one of a kind, 4 parcel, redevelopment opportunity prominently sited on high traffic Merimon road.
This property sits at the gateway to UNC Asheville, with walkability to downtown Asheville, and is prime for new vision.
These 4 parcels make up over 145 ft of high visibility Merimon street frontage and provide an ideal opportunity for a mixed-use redevelopment project.
Existing early 1900s two story masonry building may have potential for adaptive reuse and incorporation into new master plan, buyer to verify.

PROPERTY FACTS

Price $1,225,615 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Mixed Use
  • Multifamily
Total Lot Size 0.31 AC
Zoning CB1 - Commercial retail.

1 LOT AVAILABLE

Lot

Price $1,225,615 CAD
Price Per AC $3,953,596.14 CAD
Lot Size 0.31 AC

Corner, flood plain, infill lot

  • Listing ID: 30637003

  • Date on Market: 2024-01-11

  • Last Updated:

  • Address: 498-506 Merrimon Ave, Asheville, NC 28804

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