$599,000
About this home
Exceptional redevelopment opportunity in one of Asheville's most strategic growth corridors. Located along a primary connector between Downtown Asheville, the River Arts District, and West Asheville, this property benefits from outstanding visibility, accessibility, and proximity to ongoing investment and redevelopment. The surrounding area offers an ideal mix of residential neighborhoods, commercial activity, and destination businesses. Within walking distance of breweries, restaurants, hotels, offices, and retail establishments, the location provides excellent vehicle and pedestrian traffic. The existing structure offers immediate utility, while the site's HR-7 zoning allows for a wide range of residential and commercial development opportunities. Architectural plans and pricing for a proposed 12-unit condominium project are available with an acceptable offer and executed confidentiality agreement. Phase I and Phase II Environmental Site Assessments have been completed, providing valuable due diligence for prospective buyers and developers. An adjacent parcel may also be available for purchase, creating additional flexibility and potential for a larger assemblage opportunity. Property listed under commercial MLS# 4394153 and land MLS# 4398540
Property details
- MLS #
- CAR4398540
- Property type
- Lot
- Subdivision
- N/A
- Status
- Active
- Days on market
- 5
- On market date
- June 24, 2026
- Stories
- N/A
- Garage spaces
- N/A
- Lot size
- N/A
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 258
- Student:teacher ratio
- 10.8:1
- 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
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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 29, 2026.
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.