Property Details - 484-506 Merrimon Avenue, Asheville 28804
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County Subdivision
Buncombe
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MLS # Price BR BA Sqft Acres Year Built $/Finished Sqft
3373218 $3,999,000 24,980 1.45 99 $160.00

Area Statistics (All listings < 5 mile)
# Avg Price Min Price Max Price Avg Sqft Avg Acres $/Finished Sqft
35 $661,572 $142,500 $3,999,000 2,363 0.27 $278.15

Prime corner property on a metro’s major artery in Asheville's core area. This offering includes Merrimon Ave between W.T. Weaver Blvd and Chatham Ave, and both corners are signalized. This is an assemblage of 8 parcels and is being sold as one offering. Traffic Count at Merrimon and Weaver Blvd is ~21,000 vpd. Existing improvements have no value in this redevelopment site. Possibles uses: retail, big box, office, mixed use of commercial, student housing, and multi-family. See Attachments for specifics on each parcel in this Assemblage. Annual Asking lease rate for new office/retail on Merrimon Ave range from $24-$43 NNN

Type Description
AccessInterstate 1 mi or less, State Highway
Business TypeUnimproved Commercial
Docs On FileAerial Photo, Brochure
StreetAvenue
Suitable UseCommercial, Multi-Family
Listing provided by: NAI Beverly-Hanks     


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