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410 Depot St

0.66 Acres of Commercial Land Offered at $700,000 in Asheville, NC 28801

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EXECUTIVE SUMMARY

Incredible development opportunity in Asheville's thriving River Arts District, adjacent to the mixed use project known as Glenn Rock Depot which has 82 apartments and over 25,000 sqft of retail space. Suitable for commercial or mixed use. Zoning allows for a 21,500 SF footprint, up to 4 floors, so appx 86,000 SF building. 410 Depot would make for a fabulous addition to the upcoming mixed use development projects such as, RAD Lofts/159 Riverside which will consist of over 350 residential units. Directly adjacent to the French Broad River East Bank Corridor Greenway, which winds through the RAD offering river views and beautiful nature spaces. The Depot Street Corridor boasts a multitude of art galleries, coffee houses, restaurants, bars, and boutique shops. A small portion of the property is in the flood plain - see brochure for details. Neighboring property with different owner may be assembled to the entire parcel - contact agent for details.

410 Depot Street, Asheville, North Carolina 28801 (3)_compressed

PROPERTY FACTS

Price	$700,000	Property Subtype	Commercial
Sale Type	Investment	Total Lot Size	0.66 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Land

Price	$700,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Total Lot Size	0.66 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 LOT AVAILABLE

Lot 1

Price	$700,000	Lot Size	0.66 AC
Price Per AC	$1,060,606.06

Price	$700,000
Price Per AC	$1,060,606.06
Lot Size	0.66 AC

Level land in the RAD. Suitable for commercial/mixed use. Zoning allows for 21,500 sq ft footprint, up to 4 floors, appx 86,000 SF building. Will subdivide appx 50ft of frontage appx.3 acres for $399k. Small portion of the property is in flood plain.