498-506 Merrimon Ave
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498-506 Merrimon Ave
0.31 Acres of Commercial Land Offered at $885,240 in Asheville, NC 28804
Executive Summary
A one of a kind, 4 parcel, redevelopment opportunity prominently sited on high traffic Merimon 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 Merimon 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.
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 Merimon 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 Facts
| Price | $885,240 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.31 AC |
| Price | $885,240 |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.31 AC |
1 Lot Available
Lot
| Price | $885,240 | Lot Size | 0.31 AC |
| Price Per AC | $2,855,613 |
| Price | $885,240 |
| Price Per AC | $2,855,613 |
| Lot Size | 0.31 AC |
Corner, flood plain, infill lot
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PROPERTY TAXES
| Parcel Number | 9649-38-6063-00000 | Improvements Assessment | $0 |
| Land Assessment | $21,000 | Total Assessment | $21,000 |
PROPERTY TAXES
Parcel Number
9649-38-6063-00000
Land Assessment
$21,000
Improvements Assessment
$0
Total Assessment
$21,000
zoning
| Zoning Code | CB1 (Commercial retail.) |
| CB1 (Commercial retail.) |
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498-506 Merrimon Ave
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