$885,240
For Sale

498-506 Merrimon Avenue

Asheville, NC 28804
Browse 7 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

A one of a kind, 4 parcel, redevelopment opportunity prominently sited on high traffic Merrimon 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 Merrimon 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 Details
      • Lot FeaturesCorner Lot, Flood Plain/Bottom Land, Infill Lot
      • Lot DescriptionCorner Lot, Flood Plain/Bottom Land, Infill Lot
      • Parcel Number9649-38-6063, 9649-38-6076
      • Property SubtypeUnimproved Commercial
      • Sewer InformationPublic Sewer
      • Elementary SchoolUnspecified
      • Middle SchoolUnspecified
      • High SchoolUnspecified
      • Property TypePurchase
      • CountyBuncombe
      • Original List Price$885,240
      • MLS #4217545
      • MLS #4217545
      • Cost885240
      • Utility SourceCity
      • ZoningCBI
      • Days on Market (Cumulative)330

Location

Jay White | Centralina Realty INC.Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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