131 McDowell Street
131 McDowell Street
Asheville, NC 28801
$2,600,000
- Lot Size: 2.25 Acres
Description
Outstanding redevelopment opportunity - 2.254 acres located in the heart of Asheville's medical district adjacent the Mission Hospital campus! Prime site perfect for high density apartments, assisted living, medical center offices, or affordable housing. INST zoning accommodates 60 units per acre with no height standards excepting portions of the site located in the "transition area". Redevelopment opportunities include potential adaptive reuse of the existing buildings for office conversion, general business, facility/construction offices with laydown yard or demo, in whole or part, for alternative mid-rise development. 2.38% annual population growth forecast (ESRI) from 2024 to 2029! Do not enter buildings, demo estimate on file, agent must accompany all showings.
Property Summary
| Property Type: | Commercial Sale | Property Subtype : | Unimproved Commercial |
| Year Built : | 1974 | Construction Type : | Site Built |
| Lot Size : | 2.25 Acres |
Property Features
- Cleared
- Hilly
- Sloped
- Wooded
- Views
Views
- City
More Information
- Construction : Hard Stucco, Stone Veneer, Wood
- Roof : Composition
- Parking : Driveway, Parking Lot, Parking Space(s), Other - See Remarks
- Heating : Central, Other - See Remarks
- Cooling : Central Air, Other - See Remarks
- Water Source : City
- Road : Publicly Maintained Road
- Listing Terms : Cash, Conventional
- Possible Use : Commercial, Multi-Family, Residential, Subdevelopment, Other - See Remarks
Based on information submitted to the MLS GRID as of 02-22-2025 07:13:05 UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.