$600,000
About this home
A unique opportunity in the heart of downtown Asheville. Located at 21 Pearl Street and zoned CBD, this property offers exceptional flexibility for an investor, business owner, or owner-user looking to establish a presence downtown. The existing home is particularly well suited for conversion to professional office space, with a layout that naturally accommodates multiple private offices, meeting space, and a welcoming reception or lobby area. The property also offers the potential to explore redevelopment or alternative uses permitted within Asheville’s flexible CBD zoning, subject to applicable City requirements. Adding to its investment appeal, 21 Pearl Street is located within a designated Opportunity Zone, which may provide tax advantages for qualifying investments. With its downtown location, existing structure, CBD zoning, and Opportunity Zone designation, the property presents a compelling opportunity for office, investment, redevelopment, or a variety of other potential uses. Adjacent lot also available for sale. See MLS 4229402.
Property details
- MLS
- Canopy MLS
- MLS #
- CAR4429386
- Property type
- N/A
- Subdivision
- N/A
- Status
- Active
- Days on market
- N/A
- On market date
- September 29, 2026
- Stories
- 1
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- N/A
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 407
- Student:teacher ratio
- 14.0:1
- District
- Asheville City Schools
- Enrollment
- 623
- Student:teacher ratio
- 11.5:1
- District
- Asheville City Schools
- Enrollment
- 1,135
- Student:teacher ratio
- 13.2:1
- District
- Asheville City Schools
Walkability
Blended score for Asheville's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Asheville, from live MLS data.
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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 26 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.