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Downtown Asheville Development Opportunity
For Sale
$4,495,000

7 Orchard St, Asheville, NC 28801

One-plus-acre site suitable for mixed-use, multi-family, retail, office.

Property SizeContact for details
Lot Size1.00 Acre
Days on Market498

Property Features for 7 Orchard St

General Information

Standard status Active
Lot size 1.00 Acre
Listing Agency: G/M Property Group
Listed By: Keaton Edwards · License #277099
Source: Exprealty
Added: Apr 7, 2025 Changed: Aug 8 Last Checked: Aug 8 at 1:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of G/M Property Group

Investment Insights

Based on property information with market context.

This is a prime downtown development opportunity located in the heart of Asheville, North Carolina, fronting I-240. The one-plus-acre site is positioned for new development and can accommodate various projects. Potential uses include mixed-use spaces, multi-family homes, as well as retail and office space.

Key Highlights

  • Prime downtown location in the heart of Asheville.
  • Frontage on I‑240.
  • One‑plus‑acre site.

Property Analytics

Current Use

Cartner & Cartner Law ... Law Firm Investors Title Insurance ... Title Company Berkshire Hathaway HomeServices ... Real Estate Agency Curated Housing Collection ... Real Estate Agency FedEx Drop Box Postal Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Butcher Locksmith HVAC Service Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,601
Businesses Nearby

Demographics for 28801, NC

15,148
Population
8,490
Households
1.8
Avg Household Size
39
Median Age
53%
College-Educated
93%
High-School Grad
5.1 sq mi
ZIP Area
2,970
Density / Sq Mi
$51,125
Median Household Income
$38,829
Median Earnings
$1,130
Median Rent
$481,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - One-plus-acre site suitable for mixed-use, multi-family, retail, office.
Where is this commercial land located?
The property is located at 7 Orchard St Asheville, NC.
What is the asking price?
The asking price for this property is $4,495,000.
What are key features of this property?
This property features: Prime downtown location in the heart of Asheville.; Frontage on I‑240.; One‑plus‑acre site.
More about this property
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