251 Biltmore Ave
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251 Biltmore Ave
4,717 SF Retail Building Asheville, NC 28801 $1,290,000 ($273/SF)
Investment Highlights
- Strategically located on the corner of a signalized intersection along one of the major gateways to Downtown Asheville.
- Great visibility on a 4-lane road with 15,500 VPD and 174 FT of road frontage.
- Immediate proximity to McCormick Baseball Field, Mission Hospital and the booming South Slope District of Asheville.
- Zoned CBD and located in an Opportunity Zone.
Executive Summary
Strategically located on the corner of a signalized intersection along one of the major gateways to Downtown Asheville, this rare find is in immediate proximity to McCormick Baseball Field, Mission Hospital and the booming South Slope District of Asheville. Great visibility on a 4-lane road with 15,500 VPD and 174 FT of road frontage. 4,717 SF freestanding building on 0.18+/- acres with a loading dock, 2 roll-up doors, tall ceilings (11 FT - 14.5 FT) and concrete flooring. Zoned CBD and located in an Opportunity Zone. Currently used as a distillery, the property is equipped with a brewing room, 2 bars, plenty of storage areas and office space. Known as Asheville’s unofficial “Brewery District”, there are 10+ breweries within a few blocks of the site including Wicked Weed Funkatorium, Burial Beer Co., Green Man, Hi-Wire & more. Named one of the Top 50 Small Cities to Start a Business (WalletHub.com, 2023), Asheville is a year-round destination with a bustling economy. Please do not disturb the owner. All showings will be listing agent accompanied and must take place either Monday (anytime), Tuesday - Friday (9am - 3:00pm). Please email listing agent for all showing requests.
*** Seller is now offering a $10,000 Buyer Agent Bonus for an accepted offer by 7/18/2024 ***
View More Info: https://singlepointmedia.hd.pics/251-Biltmore-Ave
*** Seller is now offering a $10,000 Buyer Agent Bonus for an accepted offer by 7/18/2024 ***
View More Info: https://singlepointmedia.hd.pics/251-Biltmore-Ave
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,717 SF
Building Class
B
Year Built
1949
Price
$1,290,000
Price Per SF
$273
Tenancy
Single
Building Height
1 Story
Building FAR
0.60
Lot Size
0.18 AC
Opportunity Zone
Yes
Zoning
CBD - Central Business District. Please see attachments.
Frontage
Amenities
- Corner Lot
- Signage
- Signalized Intersection
- Storage Space
Walk Score ®
Very Walkable (76)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 9648-47-1240-00000 | Improvements Assessment | $198,700 |
| Land Assessment | $313,600 | Total Assessment | $512,300 |
PROPERTY TAXES
Parcel Number
9648-47-1240-00000
Land Assessment
$313,600
Improvements Assessment
$198,700
Total Assessment
$512,300
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251 Biltmore Ave
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