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Executive Summary
Prime downtown development opportunity fronting I-240 in the heart of Asheville. This one-plus-acre site is positioned for new development that can accommodate various projects, from mixed-use spaces to multi-family homes, as well as retail and office space. ***SEE BROCHURE FOR MORE DETAILS***
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
14,134 SF
Building Class
C
Year Built
1975
Price
$4,995,000
Price Per SF
$353.40
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.30
Lot Size
1.09 AC
Zoning
O2 - Office
Parking
60 Spaces (4.25 Spaces per 1,000 SF Leased)
Frontage
118’ on Orchard St
Amenities
- Freeway Visibility
- Drive Thru
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (78)
Nearby Major Retailers
Property Taxes
| Parcel Number | 9649-52-1360-00000 | Improvements Assessment | $1,232,700 |
| Land Assessment | $1,163,300 | Total Assessment | $2,396,000 |
Property Taxes
Parcel Number
9649-52-1360-00000
Land Assessment
$1,163,300
Improvements Assessment
$1,232,700
Total Assessment
$2,396,000
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Videos
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Photos
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Street
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7 Orchard St
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