$2,600,000
For Sale

131 McDowell Street

Asheville, NC 28801
Browse 26 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

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.

  • Property Details
      • Utility FeaturesCable Connected, Electricity Connected, Gas, Phone Connected, Other - See Remarks
      • Parking FeaturesDriveway, Parking Lot, Parking Space(s), Other - See Remarks
      • Lot FeaturesCleared, Hilly, Sloped, Wooded, Views
      • Lot DescriptionCleared, Hilly, Sloped, Wooded, Views
      • CoolingCentral Air, Other - See Remarks
      • Cooling FeaturesCentral Air, Other - See Remarks
      • Property SubtypeUnimproved Commercial
      • Parcel Number9648-34-5490-00000
      • Sewer InformationPublic Sewer
      • FoundationCrawl Space
      • RoofComposition
      • Original List Price$2,600,000
      • Parking TypeDriveway
      • Property TypePurchase
      • CountyBuncombe
      • MLS #4203788
      • Cost2600000
      • MLS #4203788
      • ViewCity
      • Year Built1974
      • Utility SourceCity
      • Days on Market (Cumulative)26

Location

Eric MannReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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