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Investment Highlights

  • 1.11-acre assemblage with 145 feet of frontage on high-traffic Merrimon Avenue (21,000 VPD).
  • Zoned CBI; ideal for mixed-use development, retail, student housing, or multi-family.
  • Surrounded by dining, retail, and residential neighborhoods; walkable to UNC Asheville.
  • Strategic gateway location near UNC Asheville and within one mile of downtown Asheville.
  • Quick access to I-40, I-26, and NC-240 for regional connectivity.
  • Three proposed redevelopment schemes ranging from 30 to 120 residential units with structured parking.

Executive Summary

A one of a kind, 6 parcel redevelopment opportunity prominently sited on high traffic Merrimon Ave, with frontage
extending all the way up to Chatham Road . This assemblage sits at the gateway to UNC Asheville, with walkability to
downtown Asheville, and is prime for new vision. These 6 parcels make up over 1.1 acres total, with more than 145 ft of
high visibility Merrimon Ave frontage. An ideal opportunity for a mixed-use redevelopment, or new retail. Call listing
brokers for more information

Property Facts

Price £1,602,870
Sale Condition Redevelopment Project
Sale Type Investment
Status Active
Number of Properties 6
Individually For Sale 0
Total Land Area 0.41 ac

Properties

Property Name / Address Property Type Size Individual Price
4 Chatham, Asheville, NC 28804 Land 0.41 ac -
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  • Listing ID: 40231410

  • Date on Market: 21/04/2026

  • Last Updated:

  • Address: 99999 Merrimon Avenue, Asheville, NC

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