About 131 Mcdowell Street
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.
Features of 131 Mcdowell Street
| MLS® # | 4203788 |
|---|---|
| Price | $2,600,000 |
| Bathrooms | 0.00 |
| Acres | 2.25 |
| Year Built | 1974 |
| Type | Commercial Sale |
| Sub-Type | Unimproved Commercial |
| Status | Active |
Community Information
| Address | 131 Mcdowell Street |
|---|---|
| City | Asheville |
| County | Buncombe |
| State | NC |
| Zip Code | 28801 |
Amenities
| Utilities | Cable Connected, Electricity Connected, Gas, Phone Connected, Other - See Remarks |
|---|---|
| Garages | Driveway, Parking Lot, Parking Space(s), Other - See Remarks |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central, Other - See Remarks |
|---|---|
| Cooling | Central Air, Other - See Remarks |
| Fireplace | No |
| Has Basement | No |
Exterior
| Lot Description | Cleared, Hilly, Sloped, Wooded, Views |
|---|---|
| Roof | Composition |
| Construction | Hard Stucco, Stone Veneer, Wood |
Additional Information
| Date Listed | November 27th, 2024 |
|---|---|
| Days on Market | 57 |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | NAI Allen Tate Beverly-Hanks Commercial |
|---|