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      498B-506 Merrimon AvenueAsheville, NC 28804MLS Number CAR3787335

      • Price: $2,999,000The price has recently decreased
      • Est. Mortgage of $/month
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.09% last updated on 2021-10-21

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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      498B-506 Merrimon Avenue Asheville NC 28804498B-506 Merrimon Avenue Asheville NC 28804
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      • $2,999,000List Price
      • 1.11Acreage
      Prime corner property on a metro's major artery in Asheville's core area. This offering includes Merrimon Ave between W.T. Weaver Blvd and Chatham Ave, and both corners are signalized. This is an assemblage of 6 parcels being sold as one offering. Traffic Count at Merrimon and Weaver Blvd is ~21,535 vpd. Existing improvements have no value in this redevelopment site. Possibles uses: retail, big box, office, mixed use of commercial, student housing, and multi-family. See Attachments for specifics on each parcel in this Assemblage. Annual Asking lease rate for new office/retail on Merrimon Ave range from $24-$43 NNN•
      Listed by Karl Nelson and Susanne Woosley of NAI Beverly-Hanks

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      Basic Information

      • ForeclosureN
      • List Price$2,999,000
      • MLS NumberCAR3787335
      • MLS StatusActive

      Utilities

      • Sewer Public Sewer

      Other

      • View Count6

      School Information

      • Elementary SchoolAsheville City
      • High SchoolAsheville
      • Junior HighAsheville

      Property

      • Acreage1.11
      • Lot DescriptionCorner Lot
      • Water Source Public
      • Zoning Description CB1

      Basic Information

      Location

      • Building Number498B-506
      • CountyBuncombe
      • Directions Hwy 240 to North on US 25 aka Merrimon Ave to corner of Merrimon and Chatham.
      • StateNC
      • StreetMerrimon Avenue
      • Zip28804

      Broker Reciprocity © 2021 by the Canopy MLS. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The IDX data is deemed reliable but is not guaranteed by MLS GRID and may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS.  Based on information submitted to the MLS GRID as of October 24, 2021 1:53 PM EDT . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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