319 Merrimon Avenue Asheville, NC $ 1,775,000
319 Merrimon Avenue
$ 1,775,000
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319 Merrimon Avenue

Asheville, NC, 28801
$ 1,775,000
Baths0.0

Monthly Estimate*

$ 12,399

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Studio

Commercial Property for sale in Asheville, NC

for $1,775,000. This building was built in 1925 on a lot size of 0.4.

Give your business the opportunity of 18,500 views per day. This highly sought-after retail location is on a large 0.40+/- acre lot with incredible visibility and a monumental signage opportunity on bustling Merrimon Ave. The property is well-positioned at the corner with a new pedestrian crosswalk, 119 FT of road frontage and daily traffic count of 18,500. Formerly Moore’s Bakery, the building is a unique find with architectural integrity and features internal drains and the possibility of being subdivided into 2-3 units for additional income. The structure features 5,610 SF, generous ceiling height, city water/sewer, natural gas and onsite parking with possibility to reconfigure for more spaces. CBI zoning allows for a variety of commercial uses including restaurant, brewery, office, showroom, business & more! Subject neighborhood is one of the highest densities of high-income households in the area. Easy access & less than 5 minutes to UNCA (0.9 miles), Downtown Asheville & I-240.

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Commercial Contingent

Price

$ 1,775,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Free Standing Store

Lot Size

0.4

Year Built

1925

Town/City

Asheville

County/Region

Buncombe

MLS | Web ID

4132459

Features
General
Sewer Public Sewer
Heating Central Natural Gas
Cooling Central Air Other - See Remarks
Utilities Cable Connected Electricity Connected Gas Phone Connected
Roof Shingle Flat Steel Other - See Remarks
Zoning CB1
Construction Materials Block Metal Wood
Year Built 1925
Property SubType Free Standing Store
Elevation 2000
Accessibility Two or More Access Exits Exterior Curb Cuts Mobility Friendly Flooring
County Buncombe
New Construction N
Property Type Commercial Sale
Possible Use Commercial
City Asheville
Street Name Merrimon
Standard Status Active Under Contract
Construction Type Site Built
Restrictions Building Use Other - See Remarks
Tax Assessed Value 750900
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Interior
Flooring Carpet Terrazzo Tile Other - See Remarks
Street Suffix Avenue
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Exterior
Water Source City
Inclusions Building Land Other
Lot Size Area 0.4
Foundation Details Slab Other - See Remarks
Number of Buildings 1
Road Surface Type Paved
Other Parking Potential for 24 Parking Spots (plus ADA) if HVAC is Relocated to Roof.
Lot Size Units Acres
Road Frontage Type 4 Lane Highway City Street Interstate 1 mile or Less
Road Responsibility Publicly Maintained Road
Road Frontage 119
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Internal Only
Street Number 1 319
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* Excluded Features
List By
Carla & Company Real Estate Services

Broker

Affordability Calculator

$12,399
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,399
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
294628 Elementary School
294724 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/23/2024$1,775,000 Listed Price

Map


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319 Merrimon Avenue, Asheville, NC, 28801 is a Commercial Property for sale at $1,775,000 with a lot size of 0.4. 319 Merrimon Avenue is a studio with 0.0 baths and was built in 1925. The property's zip code is 28801 which is in Asheville, NC