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502 Merrimon Ave Asheville, NC 28804

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For Sale
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Prime Merrimon Ave. redevelopment site.

Property Features for 502 Merrimon Ave

General Information

Property type
Land
Lot Size
5,663 SF

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Listing Contact
Karl Nelson, Ccim
Karl Nelson, Ccim

Listing Agent: Karl Nelson, Ccim

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 0.13-acre commercial land parcel, located at 502 & 506 Merrimon Avenue in Asheville, North Carolina (APN: 9649-38-6076, 9649-38-6063, Zip Code: 28804), presents a unique redevelopment opportunity. Situated on a high-traffic section of Merrimon Avenue, at the gateway to UNC Asheville and the corner of Chatham Road, this property boasts excellent walkability to downtown Asheville. The site is zoned CB1 and offers potential for a mixed-use development project. The property includes two parcels and comprises an early 1900s two-story masonry building which may be suitable for adaptive reuse, though verification by the buyer is recommended. This offering can be acquired independently or as part of a larger purchase encompassing adjacent Merrimon Avenue properties. The asking price for this prime Asheville location is $621,740. This is an ideal investment for developers seeking a high-visibility location with significant potential for future growth and return.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Asheville
County
Buncombe
State
North Carolina
Longitude
-82.554899216731
Latitude
35.616153635489

FAQs

What type of property is this?
Land - Prime Merrimon Ave. redevelopment site.
Where is this land located?
The property is located at 502 Merrimon Ave Asheville, NC.
What is the asking price?
The asking price for this property is $621,740.
What are key features of this property?
This property features: $621,740 asking price for 0.13 acres of commercial land.; Located at 502 & 506 Merrimon Ave, Asheville, NC 28804.; APN: 9649-38-6076, 9649-38-6063; zoned CB1.
(828) 713-0927 Call to check price and availability
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