$1,775,000
Accepting Backup Offers

319 Merrimon Avenue

Asheville, NC 28801
Browse 44 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

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.

  • Interior Details
      • CoolingCentral Air, Other - See Remarks
      • Cooling FeaturesCentral Air, Other - See Remarks
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1925
    • Material information
      • RoofShingle, Flat, Steel, Other - See Remarks
      • FoundationSlab, Other - See Remarks
  • Utilities / Energy Details
      • Utility FeaturesCable Connected, Electricity Connected, Gas, Phone Connected
      • Sewer InformationPublic Sewer
      • Utility SourceCity
  • Community and Neighborhood Details
      • CountyBuncombe
      • ZoningCB1
  • Financial Details
      • Original List Price$1,775,000
      • Days on Market (Cumulative)701
      • Buying Agency Compensation3
  • Other
      • MLS #4132459

Location

Hudson Advantage RealtyReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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