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483 Caribou Rd - Assisted Living Facility 2,740 SF Specialty Building Offered at $599,950 in Asheville, NC 28803
Investment Highlights
- Located on the ART bus line
- Large .5 acre lot
- Strong long-term demand for residential property in the area
- Zoned RS-8
- Established surrounding neighborhood
Executive Summary
This property operated as an adult assisted living home (7 beds) until December 2025. It could also be a prospect for a Day Care, Family Care, pre-school, transitional housing or residential. Only recently vacated, the building is well maintained, in clean condition and sits on a nice, large .5 acre lot. 6 bedrooms, 3 full baths, laundry room, large dining and livings rooms.
The property is zoned RS-8 and is presently classified by the City as an Adult Care Home / Commercial use. Buyers are encouraged to consult with the City of Asheville regarding their intended use.
The property is zoned RS-8 and is presently classified by the City as an Adult Care Home / Commercial use. Buyers are encouraged to consult with the City of Asheville regarding their intended use.
Property Facts
| Price | $599,950 | Building Size | 2,740 SF |
| Price Per SF | $218.96 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1974 |
| Property Type | Specialty |
| Price | $599,950 |
| Price Per SF | $218.96 |
| Sale Type | Investment |
| Property Type | Specialty |
| Building Size | 2,740 SF |
| No. Stories | 1 |
| Year Built | 1974 |
1 1
Property Taxes
| Parcel Number | 9657-12-4945-00000 | Improvements Assessment | $200,500 |
| Land Assessment | $60,200 | Total Assessment | $260,700 |
Property Taxes
Parcel Number
9657-12-4945-00000
Land Assessment
$60,200
Improvements Assessment
$200,500
Total Assessment
$260,700
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483 Caribou Rd - Assisted Living Facility
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