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498-506 Merrimon Ave 0.31 Acres of Commercial Land Offered at $885,240 in Asheville, NC 28804
Executive Summary
A one of a kind, 4 parcel, redevelopment opportunity prominently sited on high traffic Merimon road.
This property sits at the gateway to UNC Asheville, with walkability to downtown Asheville, and is prime for new vision.
These 4 parcels make up over 145 ft of high visibility Merimon street frontage and provide an ideal opportunity for a mixed-use redevelopment project.
Existing early 1900s two story masonry building may have potential for adaptive reuse and incorporation into new master plan, buyer to verify.
This property sits at the gateway to UNC Asheville, with walkability to downtown Asheville, and is prime for new vision.
These 4 parcels make up over 145 ft of high visibility Merimon street frontage and provide an ideal opportunity for a mixed-use redevelopment project.
Existing early 1900s two story masonry building may have potential for adaptive reuse and incorporation into new master plan, buyer to verify.
Property Facts
| Price | $885,240 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.31 AC |
| Zoning | CB1 - Commercial retail. | ||
| Price | $885,240 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.31 AC |
| Zoning | CB1 - Commercial retail. |
1 Lot Available
Lot
| Price | $885,240 | Lot Size | 0.31 AC |
| Price Per AC | $2,855,612.90 |
| Price | $885,240 |
| Price Per AC | $2,855,612.90 |
| Lot Size | 0.31 AC |
Corner, flood plain, infill lot
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
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498-506 Merrimon Ave
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