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210 Merrimon Ave - 210, 212 & 230 Merrimon Avenue, Asheville, NC 1.66 Acres of Commercial Land Offered at $3,500,000 in Asheville, NC 28801
INVESTMENT HIGHLIGHTS
- Eight contiguous parcels with frontage on 3 streets
- Five existing buildings on site
- 20,000+/- VPD on Merrimon Avenue (US 25)
- Zoned CB1 and RS8 for retail & mixed-use potential
- High-traffic commuter corridor
- City water/sewer & natural gas on site
EXECUTIVE SUMMARY
Please email the broker (no texts, please) for information and showing requests. Please do not disturb the Tenants. All showings will be accompanied by the listing agent.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $3,500,000 | Lot Size | 1.66 AC |
| Price Per AC | $2,108,433.73 |
| Price | $3,500,000 |
| Price Per AC | $2,108,433.73 |
| Lot Size | 1.66 AC |
Assemblage of 1.66 acres with ~300 ft of road frontage on Merrimon Ave. Zoned CBI & RS8, ideal for commercial, residential, or mixed-use. Multiple curb cuts, signalized access, and prime visibility less than 1 mile from downtown Asheville.
DESCRIPTION
Exceptional commercial development opportunity on Merrimon Avenue (US 25) featuring an assemblage totaling 1.66 acres with approximately 300 feet of road frontage. Lots are Zoned CBI and RS8, offering a versatile mix of commercial, residential and mixed-use development potential. The site includes five existing buildings with short term leases, providing immediate rental income. Positioned in the heart of a high-traffic, primary commuter corridor, and surrounded by national retailers including Trader Joe’s, Whole Foods, and Harris Teeter, this site ensures excellent visibility and strong consumer appeal. Signalized access to Merrimon Avenue via a 35+/- foot wide curb cut on Hillside Street, and multiple curb cuts on Merrimon Avenue provide ease of ingress/egress. Strategically located less than 1 mile from Downtown Asheville, I-240 and I-26, and just 3 miles from I-40, the property offers seamless connectivity across Asheville and beyond. This rare opportunity presents investors and developers with a phenomenal chance to activate an underdeveloped site on one of Asheville’s most sought-after thoroughfares.
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210 Merrimon Ave - 210, 212 & 230 Merrimon Avenue, Asheville, NC
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