Courtesy of Tessier Associates.
Back on market due to no fault of seller. Prime location on a main corridor linking Downtown Asheville to River Arts and West Asheville. Close proximity to existing businesses, and new development. Ideal balance between residential and commercial surround this property. Walking distance to breweries, restaurants, hotels, office and retail establishments. Great opportunity to utilize the existing structure or to redevelop the entire property. HR-7 zoning provides for a multitude of commercial and residential uses. Please view attached city zoning information. Excellent vehicle and foot traffic. Architectural pricing plans are available for a 12 unit condo project with acceptable offer and CA agreement. A phase 1 environmental site assessment has also been complete along with a phase 2. Adjacent lot may be available to purchase or to be worked into a reasonable packaged deal. Property listed under commercial MLS# 4055127 and land MLS# 4069905
Back on market due to no fault of seller. Prime location on a main corridor linking Downtown Asheville to River Arts and West Asheville. Close proximity to existing businesses, and new development. Ideal balance between residential and commercial surround this property. Walking distance to breweries, restaurants, hotels, office and retail establishments. Great opportunity to utilize the existing structure or to redevelop the entire property. HR-7 zoning provides for a multitude of commercial and residential uses. Please view attached city zoning information. Excellent vehicle and foot traffic. Architectural pricing plans are available for a 12 unit condo project with acceptable offer and CA agreement. A phase 1 environmental site assessment has also been complete along with a phase 2. Adjacent lot may be available to purchase or to be worked into a reasonable packaged deal. Property listed under commercial MLS# 4055127 and land MLS# 4069905
Land
Lot
--
--
--
0.38
Active
548
-- Sq. Ft.
16,552 Sq. Ft.
Location
- No
Stoner Giltz
Tessier Associates
Buncombe
4069905
Average List Price
$526,688
6%
Average Sale Price
$511,175
4%
Days on Market
60
32%
Homes Sold
116
8%
Median List Price
$450,000
3%
Median Sale Price
$442,000
2%
Sale/Price Ratio
97%
2%
Homes for Sale
176
2%
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Based on information submitted to the MLS GRID as of 03/20/2025 11:44 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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