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Downtown Asheville Development Opportunity
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21 Pearl St, Asheville, NC 28801

Prime land in Asheville's Downtown City District.

Property Size1,121 SF
Price / SF$887.60
Days on Market1433

Property Features for 21 Pearl St

General Information

Standard status Active
Size 1,121 SF
Property subtype Office
Zoning CBD

Building Details

Year Built 1905
Stories 1
Listing Agency: NAI Beverly-Hanks
Listed By: Edward Delaney · License #NC 281072
Source: Crexi
Added: Sep 21, 2022 Changed: Aug 8 Last Checked: Aug 8 at 4:05AM

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 NAI Beverly-Hanks

Investment Insights

Based on property information with market context.

This property presents an opportunity for developers, investors, and visionaries in Asheville's Downtown City District. Situated within the Central Business District (CBD) zone and located in an Opportunity Zone, the property offers potential for a landmark project. It is suited for capitalizing on the demand for residential and commercial spaces in downtown Asheville. The property consists of two parcels of land, identified as PIN#964819545800000 and 964819546200000, with a size of 1121 square feet.

Key Highlights

  • Prime property in Asheville's Downtown City District (CBD)
  • Located within a designated Opportunity Zone
  • Zoned CBD, allowing for diverse development possibilities

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Pet Grooming Service Butcher Tanning Salon Clothing & Fashion Store

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

4,641
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 - Prime land in Asheville's Downtown City District.
Where is this commercial land located?
The property is located at 21 Pearl St Asheville, NC.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Prime property in Asheville's Downtown City District (CBD); Located within a designated Opportunity Zone; Zoned CBD, allowing for diverse development possibilities
(828) 210-3940 Call to check price and availability
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