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131 McDowell St
Asheville, NC 28801
Office Property For Sale
Executive Summary
Outstanding redevelopment opportunity ~ 2.254 acs located in the heart of Asheville’s medical district adjacent the Mission Hospital campus! Great location for high density apartments, assisted living or medical center development! INST zoning accommodates 60 units ac under an affordable concept with no height standards excepting portions of the site located outside the “transition area” (ask agent re: potential land swaps). Buildings on site are deemed to have no contributory value. Do not enter buildings (demo estimate is available upon request). Ask agent re: interior condition; do not go inside the building. This offering is "as is- where is". Agent must accompany.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Medical
Building Size
14,744 SF
Building Class
C
Year Built/Renovated
1974/2005
Price
$2,600,000
Price Per SF
$176.34
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,372 SF
Building FAR
0.15
Lot Size
2.25 AC
Opportunity Zone
Yes
Zoning
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