Description
Outstanding redevelopment opportunity ~ 2.254 acs located in the heart of Asheville’s medical district adjacent the Mission Hospital campus! Great location for high density apartments, assisted living or medical center development! INST zoning accommodates 60 units ac under an affordable concept with no height standards excepting portions of the site located outside the “transition area” (ask agent re: potential land swaps). Buildings on site are deemed to have no contributory value. Do not enter buildings (demo estimate is available upon request). Ask agent re: interior condition; do not go inside the building. This offering is “as is- where is”. Agent must accompany.
Address
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Address: 131 Mc Dowell Street, Asheville, North Carolina 28801
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City: Asheville
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State/county: NC
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Zip/Postal Code: 28801
Details
Updated on June 26, 2026 at 6:54 pm-
Property ID 4397986
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Price $2,600,000
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Year Built 1974
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Property Type Unimproved Commercial, Commercial Sale
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Property Status Active, For Sale
Additional details
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Listing Terms Cash, Conventional
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Roof Composition
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Utilities Cable Connected, Electricity Connected, Natural Gas, Phone Connected, Other - See Remarks
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Sewer Public Sewer
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Cooling Central Air, Other - See Remarks
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Heating Central, Other - See Remarks
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Flooring Carpet, Tile, Other - See Remarks
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County Buncombe
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Property Type Commercial Sale
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Parking Driveway, Parking Lot, Parking Space(s), Other - See Remarks
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Waterfront None
Features
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
Contact Information
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