141 Merrimon AveAsheville, NC 28801

For Sale
$1,995,000

Prime North Asheville location, high visibility.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional mixed-use investment opportunity encompasses two historic Craftsman-style buildings at 141 & 143 Merrimon Avenue in Asheville, North Carolina. Boasting a combined 5,415 square feet, these two-story structures, built in 1915 and renovated in 2006, sit on a 0.35-acre corner lot at the gateway to the Chestnut Hill Historic District. The property benefits from high visibility on Merrimon Avenue (US Hwy 25), a major thoroughfare with 19,500 vehicles passing daily, and enjoys a prominent location directly across from Trader Joe's and Harris Teeter. Offering 180 feet of frontage, the buildings feature attractive period details, including hardwood floors and covered porches, and include 12 shared off-street parking spaces. The Community Business II (CBII) zoning permits a wide range of business and residential uses, making this an ideal owner-user opportunity, allowing for simultaneous occupancy and investment potential. The buildings are separately parceled (APN: 9649-43-1659/9649-43-1755). Conveniently located just 0.4 miles from Downtown Asheville and I-240 Exit 5A, and approximately 14.7 miles from Asheville Regional Airport (AVL), this property presents a rare chance to acquire a significant commercial asset in a thriving Asheville neighborhood. The asking price is $1,995,000. Twenty-four-hour notice is required for showings.

Highlights

  • High-visibility corner lot on Merrimon Avenue (US Hwy 24).
  • Historic Craftsman building at the entrance to Chestnut Hill.
  • Investment and owner-occupancy opportunity.
  • High traffic count: 19,500 vehicles daily.
  • Excellent location across from Trader Joe's, Harris Teeter, and Chick-fil-A.
  • 12-space shared parking lot.

Property Details for 141 Merrimon Ave

Property type
Other retail properties, Individual retail properties
Square Feet
5,415 SF
Class
B
Year Built/Renovated
1915/2006
Buildings
2
Stories
2
Lot Size (sq. ft)
15,246 SF
Units
2

Location Insight

City
Asheville
County
Buncombe
State
North Carolina
Latitude
35.604204724603
Longitude
-82.553203453208
141 Merrimon Ave, Asheville, North Carolina
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141 Merrimon Ave
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