Biltmore Village Redevelopment
For Sale
$2,250,000
9 Reed St, Asheville, NC 28803
Redevelopment opportunity near historic Biltmore Village District.
Property Size45,000 SF
Lot Size2.34 Acres
Price / SF$50
Days on Market198
Property Features for 9 Reed St
General Information
Standard status
Active
Size
45,000 SF
Lot size
2.34 Acres
Listing Agency:
Century 21 Connected
(828) 450-2826
Listed By:
Chris Smith · License #279674
(828) 450-2826
Source:
Exprealty
Added: Jan 26
Changed: Aug 11
Last Checked: Aug 11 at 10:04AM
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 Century 21 Connected
Investment Insights
Based on property information with market context.
This industrial property presents a redevelopment opportunity near the historic Biltmore Village District. The 2.34-acre property, though currently in a state of disrepair, offers potential for hospitality or mixed-use redevelopment under the 50% rule, with an approximately 45,000 square foot building footprint. The property is located adjacent to the Biltmore Village District, but not within it. The site is located in a floodplain/floodway. Surface parking to minimize ground penetration and rise-above parking with engineered columns are potential options to maximize the horizontal plane. The location is suitable for retail, hospitality, and lifestyle businesses, with walkable access to amenities in Biltmore Village.
Key Highlights
- Prime redevelopment opportunity in Biltmore Village, outside the historic district.
- Large ~45,000 SF building footprint on 2.34 acres.
- Zoned for hospitality (blue zone) or select mix‑use redevelopment.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,411
Businesses Nearby
Explore this area
Business Placement
Demographics for 28803, NC
34,108
Population
18,322
Households
1.9
Avg Household Size
43
Median Age
50%
College-Educated
93%
High-School Grad
38.4 sq mi
ZIP Area
888
Density / Sq Mi
$70,638
Median Household Income
$41,057
Median Earnings
$1,455
Median Rent
$408,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Redevelopment opportunity near historic Biltmore Village District.
Where is this commercial land located?
The property is located at 9 Reed St Asheville, NC.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Prime redevelopment opportunity in Biltmore Village, outside the historic district.; Large ~45,000 SF building footprint on 2.34 acres.; Zoned for hospitality (blue zone) or select mix‑use redevelopment.
