502-506 Merrimon Avenue, Asheville, NC 28804

$486,441

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List Price
$486,441
MLS#
4372614
Status
ACTIVE
Property Type
Commercial Sale
Days on Market
100
Lot Size
5,662
Lot Size Area
0.13
County
Buncombe

Property Description

A One of a kind redevelopment opportunity, prominently sited on high traffic Merrimon road. This 2 parcel grouping sits at the gateway to UNC Asheville, on the corner of Chatham Road, with walkability to downtown Asheville, and is prime for new vision. Can be acquired as part of a larger offering including the two adjacent Merrimon fronting properties, if desired. 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.

Additional Information

Water
City
Sewer
Public Sewer
Exterior Construction
Brick Partial
Driveway
Paved
Lot Description
Corner Lot, Flood Plain/Bottom Land, Infill Lot
Zoning
CBI
Special Conditions
None

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of NAI Allen Tate Beverly-Hanks Commercial. knelson@naibeverly-hanks.com

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