131 McDowell ST Active

Asheville,NC 28801

$ 2600000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Unimproved Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4203788

Year Built 1974

Lot Size 2.250 Acres

Property Description

Outstanding redevelopment opportunity - 2.254 acres located in the heart of Asheville's medical district adjacent the Mission Hospital campus! Prime site perfect for high density apartments, assisted living, medical center offices, or affordable housing. INST zoning accommodates 60 units per acre with no height standards excepting portions of the site located in the "transition area". Redevelopment opportunities include potential adaptive reuse of the existing buildings for office conversion, general business, facility/construction offices with laydown yard or demo, in whole or part, for alternative mid-rise development. 2.38% annual population growth forecast (ESRI) from 2024 to 2029! Do not enter buildings, demo estimate on file, agent must accompany all showings.

Location

State NC

County Buncombe

Zoning INST

Interior

Heating Central,Other - See Remarks

Cooling Central Air,Other - See Remarks

Flooring Carpet,Tile

Inclusions Building,Land

Exterior

Utilities Available Cable Connected,Electricity Connected,Gas,Phone Connected,Other - See Remarks

View City

Roof Type Composition

Building

Lot Description Cleared,Hilly,Sloped,Wooded,Views

Dwelling Type Site Built

Foundation Crawl Space

Sewer Public Sewer

Water City

Structure Type Hard Stucco,Stone Veneer,Wood

New Construction false

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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