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Commercial Land with Existing Building

498-506 Merrimon Avenue, Asheville, NC 28804

For Sale
New
$699,000

Four parcels include a masonry structure and address Merrimon Avenue.

Property SizeContact for details
Days on Market6

Property Features for 498-506 Merrimon Avenue

General Information

Standard status Active
Property subtype Land
Listing Agency: NAI ALLEN TATE BEVERLY-HANKS COMMERCIAL
Listed By: Karl Nelson, CCIM · License #NC #291784
Source: Naiglobal
Added: Nov 4 Last Checked: Nov 8 at 2:34AM

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 ALLEN TATE BEVERLY-HANKS COMMERCIAL

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The offering combines four commercial land parcels with an existing two-story masonry building dating to the early 1900s. The structure may be considered for adaptive reuse as part of a future plan, subject to buyer verification.

The site has more than 145 feet of frontage on Merrimon Avenue. UNC Asheville is identified as a nearby campus, and downtown Asheville is described as walkable from the property.

Key Highlights

  • Four parcels with more than 145 feet of Merrimon Avenue frontage
  • Existing two‑story masonry building dating to the early 1900s
  • UNC Asheville nearby; downtown Asheville is described as walkable

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Plumbing Service Furniture & Home Goods Barber Shop Grocery & Convenience Store (Bike/Boat/Book/etc) 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

774
Businesses Nearby

Demographics for 28804, NC

23,964
Population
11,716
Households
2
Avg Household Size
44
Median Age
60%
College-Educated
93%
High-School Grad
28.7 sq mi
ZIP Area
835
Density / Sq Mi
$79,709
Median Household Income
$37,169
Median Earnings
$1,399
Median Rent
$528,500
Median Home Value

Market

Properties on Market for Commercial land in Asheville

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - Four parcels include a masonry structure and address Merrimon Avenue.
Where is this commercial land located?
The property is located at 498-506 Merrimon Avenue Asheville, NC.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Four parcels with more than 145 feet of Merrimon Avenue frontage; Existing two‑story masonry building dating to the early 1900s; UNC Asheville nearby; downtown Asheville is described as walkable
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