Building Details

Building Size 1,918 SF

Year Built 1918

Buildings 1

Stories 2

Listing Agency: NAI Beverly-Hanks Show Phone

Listed By: Terry Peterson Show Phone

Source: Blackstreaminternational

Added: Jul 29 Changed: Aug 8 Last Checked: Aug 9 at 5:19AM

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Investment Insights

Based on property information with market context.

This two-story office building contains 2,500 square feet and is identified as requiring a complete remodel. Constructed in 1918, the property occupies .34 acres at 278 Merrimon Avenue in Asheville, North Carolina.

Key Highlights

• 2,500 square feet of office space
• Two‑story office building
• Complete remodel opportunity

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Locksmith Storage Facility Daycare Center Plumbing Service

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

Lease Details

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

5,260

Businesses Nearby

Explore this area Business Placement

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

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Questions? Ask Rey

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What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - Two-story office property offering a defined redevelopment opportunity along Merrimon Avenue.

Where is this office building located?

The property is located at 278 Merrimon Avenue Asheville, NC.

What is the asking price?

The asking price for this property is $499,000.

What are key features of this property?

This property features: 2,500 square feet of office space; Two‑story office building; Complete remodel opportunity