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.
MLS # | 4203788 |
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Listing Type | For Sale |
Style | Commercial |
Sub-Type | Resale |
Status | Active |
Year | 1974 |
Days On Site | 203 |
Listing Provided By | NAI Allen Tate Beverly-Hanks Commercial | Mark Morris |
Acreage | 2.25 |
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Property View | City |
Cooling | Central Air, Other - See Remarks |
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Heating | Central, Other - See Remarks |
Roof | Composition |
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Construction Materials | Hard Stucco, Stone Veneer, Wood |
Foundation Details | Crawl Space |
Lot Features | Cleared, Hilly, Sloped, Wooded, Views |
Parking Features | Driveway, Parking Lot, Parking Space(s), Other - See Remarks |
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Utilities | Cable Connected, Electricity Connected, Gas, Phone Connected, Other - See Remarks |
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List Aor | Land of The Sky Association of Realtors |
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State | NC |
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County | Buncombe |
City | Asheville |
Zip Code | 28801 |
Area | Buncombe |
Listing VS Median (in 28801) | |
Price: $2,600,000 low | high Med: $750,000 On site: 203 low | high Med: 90.000000 |