For Sale
$885,240

498- Merrimon AveAsheville, NC 28804

Asheville, NC commercial land, high visibility.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 0.31-acre commercial land parcel at 498-506 Merrimon Ave in Asheville, North Carolina (Buncombe County, zip code 28804) presents a unique redevelopment opportunity. Situated on a high-traffic section of Merrimon Avenue, this property boasts over 145 feet of prominent street frontage, offering unparalleled visibility. Its strategic location at the gateway to UNC Asheville and within walking distance of downtown Asheville makes it ideal for a mixed-use development. The property is zoned CB1 and comprises four parcels. An existing two-story masonry building, dating back to the early 1900s, is present on the site. While this building may offer potential for adaptive reuse and integration into a new master plan, any such use requires verification by the buyer. This prime location and significant street frontage make this a compelling investment for developers seeking a high-impact project in a thriving Asheville neighborhood. The asking price is $885,240. This is a truly exceptional opportunity to capitalize on Asheville's dynamic growth.

Highlights

  • 0.31-acre commercial land parcel at 498-506 Merrimon Ave, Asheville, NC (28804).
  • Over 145 feet of street frontage on high-traffic Merrimon Avenue provides excellent visibility.
  • Gateway location to UNC Asheville and walkable to downtown Asheville, ideal for mixed-use development.
  • Zoned CB1; comprises four parcels; includes an existing two-story masonry building (early 1900s), potential for adaptive reuse.
  • Asking price: $885,240.

Property Details for 498- Merrimon Ave

Property type
Land
Lot Size (sq. ft)
13,504 SF

Location Insight

City
Asheville
County
Buncombe
State
North Carolina
Latitude
35.615785487901
Longitude
-82.554785402316
498- Merrimon Ave, Asheville, North Carolina

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498- Merrimon Ave
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