71 Thompson St
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71 Thompson St
0.93 Acres of Commercial Land Offered at $2,565,887 CAD in Asheville, NC 28803
Executive Summary
Introducing 71 Thompson St, Asheville, NC, a +/- .93-acre redevelopment opportunity in the heart of Biltmore Village, heavily impacted by hurricane Helene, and ready for new, creative redevelopment vision. This 5-parcel assemblage is located with the River zoning district, as well as the "All" hotel overlay district, making for a unique redevelopment opportunity in a central Biltmore Village location. With over 300 feet of road frontage on Thompson Street, easy access to downtown Asheville, and walking distance to the Biltmore estate, this expansive property offers an exceptional opportunity for investors looking to lead the charge in bringing new life and creative redevelopment into the core of Biltmore Villages post Helene recovery.
Property Facts
| Price | $2,565,887 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| Sale Conditions | Redevelopment Project | Total Lot Size | 0.93 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land |
| Price | $2,565,887 CAD |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.93 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $2,565,887 CAD | Lot Size | 0.93 AC |
| Price Per AC | $2,759,018 CAD |
| Price | $2,565,887 CAD |
| Price Per AC | $2,759,018 CAD |
| Lot Size | 0.93 AC |
Existing building to be demolished and site to be graded by owner prior to sale.
Description
This 5-parcel assemblage is located with the River zoning district, as well as the "All" hotel overlay district, making for a unique redevelopment opportunity in a central Biltmore Village location.
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $958,413 CAD | |
| Land Assessment | $257,456 CAD | Total Assessment | $1,215,869 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$257,456 CAD
Improvements Assessment
$958,413 CAD
Total Assessment
$1,215,869 CAD
zoning
| Zoning Code | RIVER |
| RIVER |
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71 Thompson St
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