21 Pearl Street Asheville, NC $ 850,000
21 Pearl Street
$ 850,000
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21 Pearl Street

Asheville, NC, 28801
$ 850,000
Bedrooms-- Baths1.0 Sq 1,378

Monthly Estimate*

$ 5,871

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Commercial Property for sale in Asheville, NC

for $850,000 with 1 full bath. This 1,378 square foot building was built in 1905 on a lot size of 0.32.

A rare development opportunity in the heart of downtown Asheville. Located at 21 Pearl Street and zoned CBD, this property offers exceptional flexibility for an investor, developer, or owner-user looking to establish a presence in one of Asheville’s most desirable and dynamic areas. The property includes an existing home along with a second parcel, offering significant future development potential. The home’s layout lends itself particularly well to professional office use, with multiple rooms that could function as private offices, meeting spaces, and a welcoming reception or lobby area. This creates the opportunity to utilize the existing structure immediately while exploring the longer-term potential of the property. Adding to its investment appeal, 21 Pearl Street is located within a designated Opportunity Zone, which may provide meaningful tax advantages for qualifying investments and redevelopment projects. Combined with CBD zoning and its downtown location, the property presents a wide range of possibilities for commercial, residential, mixed-use, or other development opportunities, subject to applicable City of Asheville requirements. Whether envisioned as an owner-occupied office, an income-producing property, a redevelopment site, or a combination of immediate use and future development, 21 Pearl Street offers a compelling opportunity to invest in downtown Asheville.

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Commercial Active

Price

$ 850,000

Full Bath

1

Property Type

Commercial

Taxes

$ 0

Style

N/A

Lot Size

0.32

Year Built

1905

Town/City

Asheville

County/Region

Buncombe

MLS | Web ID

4429402

Features
General
Sewer Public Sewer
Zoning CBD
Patio/Porch Features Deck
Year Built 1905
Property Subtype N/A
Parcel Number 964819545800000
Additional Parcels Description 964819546200000
County Buncombe
New Construction N
Property Type Commercial Sale
HOA N
Directions From I-240 take the Downtown Asheville/Patton Avenue exit. Turn left onto Patton Avenue then right onto Pearl Street. 21 Pearl Street will be the first home on the right after The Patton complex.
City Asheville
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Standard Status Active
Construction Type Site Built
Restrictions Other - See Remarks
Tax Assessed Value 343100
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Exterior
Water Source City
Inclusions Building
Lot Size Area 0.32
Foundation Details Crawl Space
Building Area Total 1378
Road Surface Type Paved
Road Responsibility Publicly Maintained Road
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Interior
Basement (Y/N) N
Below Grade Finished Area 0
Total Baths 1
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Internal Only
Street Number 1 21
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* Excluded Features
List By
Abode Realty

Broker

Affordability Calculator

$5,871
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,871
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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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Nearby
294628 Elementary School
294724 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/29/2026$850,000 Listed Price

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21 Pearl Street, Asheville, NC, 28801 is a Commercial Property for sale at $850,000 with 1,378 sqft and a lot size of 0.32. 21 Pearl Street has 1.0 baths and was built in 1905. The property's zip code is 28801 which is in Asheville, NC