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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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210 , 212 & 230 Merrimon Ave , Asheville, NC 28801
$3,290,000
Est. Payment: $7,311.11/mo
0 Bed
0 Bath
19103 Sqft
Status: Active | Days on site: 363
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R01098 - 548508495
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House Description

Exceptional commercial development opportunity on Merrimon Avenue (US 25) featuring an assemblage totaling 1.66 acres with approximately 300 feet of road frontage. Lots are Zoned CBI and RS8, offering a versatile mix of commercial, residential and mixed-use development potential. The site includes five existing buildings with short term leases, providing immediate rental income. Positioned in the heart of a high-traffic, primary commuter corridor, and surrounded by national retailers including Trader Joe’s, Whole Foods, and Harris Teeter, this site ensures excellent visibility and strong consumer appeal. Signalized access to Merrimon Avenue via a 35+/- foot wide curb cut on Hillside Street, and multiple curb cuts on Merrimon Avenue provide ease of ingress/egress. Strategically located less than 1 mile from Downtown Asheville, I-240 and I-26, and just 3 miles from I-40, the property offers seamless connectivity across Asheville and beyond. This rare opportunity presents investors and developers with a phenomenal chance to activate an underdeveloped site on one of Asheville’s most sought-after thoroughfares.

Highlights

Listed by Jessica Auge , 706-255-9363 Likewise Commercial Real Estate , 828-222-3685.

Property Type

Commercial Sale

Lot/Acreage
1.66

Year Built

1910

County

Buncombe

Listing ID

4300210

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air,Window Unit(s)
Fireplaces:
Basement:Unfinished
Water:City

Exterior Features

Lot:Level
Zoning:CBI
Sewer:Public Sewer
Parking Features:Parking Space(s)
Principal Interest
$7,311
Taxes
$2,097

Home Price

$3,290,000

Loan Details

30 yrs
%

Down Payment

20%
$658,000
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Monthly Price:
$7,311.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,311.11 $2,097.38 $0.00 $9,408.49
Yearly $87,733.33 $25,168.50 $0.00 $112,901.83
Total $2,632,000.00 $755,055.00 $0.00 $3,387,055.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Asheville, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.