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498-500 Merrimon Ave.

0.18 Acres of Commercial Land Offered at $370,586 CAD in Asheville, NC 28804

Executive Summary

A One of a kind redevelopment opportunity, prominently sited on high traffic Merimon road.
This 2 parcel grouping sits at the gateway to UNC Asheville, between Weaver Blvd and Chatam Road, with walkability to downtown Asheville, and is prime for new vision.
Can be acquired as part of a larger offering including the two adjacent Merrimon fronting properties, if desired.
Ideal opportunity for a mixed-use redevelopment project.
Existing partially collapsed structure may have potential for adaptive reuse and incorporation into new master plan, buyer to verify.

Property Facts

Price $370,586 CAD
Sale Type Investment
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.18 AC

1 Lot Available

Lot

Price $370,586 CAD
Price Per AC $2,058,813 CAD
Lot Size 0.18 AC

Flood plain, infill lot

Description

A One of a kind redevelopment opportunity, prominently sited on high traffic Merrimon road. This 2 parcel grouping sits at the gateway to UNC Asheville, between Weaver Blvd and Chatham Road, with walkability to downtown Asheville, and is prime for new vision. Can be acquired as part of a larger offering including the two adjacent Merrimon fronting properties, if desired. Ideal opportunity for a mixed-use redevelopment project. Existing partially collapsed structure may have potential for adaptive reuse and incorporation into new master plan, buyer to verify.

zoning

Zoning Code CB1
CB1
  • Listing ID: 30637083

  • Date on Market: 2024-01-11

  • Last Updated:

  • Address: 498-500 Merrimon Ave., Asheville, NC 28804

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