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502-506 Merrimon Ave. 0.13 Acres of Commercial Land Offered at $860,799 CAD in Asheville, NC 28804

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EXECUTIVE SUMMARY

A One of a kind redevelopment opportunity, prominently sited on high traffic Merimon road.
This 2 parcel grouping sits at the gateway to UNC Asheville, on the corner of Chatam Road, with walkability to downtown Asheville, and is prime for new vision.
Can be acquired as part of a larger offering including the two adjacent Merrimon fronting properties, if desired.
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 $860,799 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
Total Lot Size 0.13 AC
Zoning CB1 - Central Business

1 LOT AVAILABLE

Lot

Price $860,799 CAD
Price Per AC $6,621,531.13 CAD
Lot Size 0.13 AC

Corner, flood plain

DESCRIPTION

A One of a kind redevelopment opportunity, prominently sited on high traffic Merrimon road. This 2 parcel grouping sits at the gateway to UNC Asheville, on the corner of Chatham Road, with walkability to downtown Asheville, and is prime for new vision. Can be acquired as part of a larger offering including the two adjacent Merrimon fronting properties, if desired. 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 TAXES

PROPERTY TAXES

Parcel Number
9649-38-6063-00000
Land Assessment
$29,447 CAD
Improvements Assessment
$0 CAD
Total Assessment
$29,447 CAD
  • Listing ID: 30637039

  • Date on Market: 2024-01-11

  • Last Updated:

  • Address: 502-506 Merrimon Ave., Asheville, NC 28804

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