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68 Carter StreetAsheville, NC 28801Price: $3,250,000

  • Price: $3,250,000
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Federal 30-year interest rate: 2.94% last updated on May 13, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
CAR3713272
  • $3,250,000List Price
  • 1.25Acreage
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Extremely rare opportunity to purchase 1.25 acres in Downtown Asheville. This property is not only in the Central Business District, but also has lot dimensions ideal for vertical development. This property falls within the recently passed hotel district overlay and is located within the portion designated as District A for large hotels. The proximity to surrounding downtown businesses also makes this ideal for other approved redevelopment projects (zoned CBD). Parcel has frontage on both Carter St. as well as N. Ann St. With minimal vertical development the property would take in substantial long-range mountain views. Additional notes: Street lights are leased from Duke Energy. Appraisal was done in 2019 prior to land improvements, the appraisal gave a post improvement value of $3.8mm which did not include business income, only land and FF&E. Buyer responsible for checking latest city zoning and development ordinances.

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Listed by Jim Davis of NAI Beverly-Hanks

Broker Reciprocity © 2021 by the Canopy MLS. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The IDX data is deemed reliable but is not guaranteed by MLS GRID and may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS.  Based on information submitted to the MLS GRID as of May 16, 2021 8:53 PM EDT . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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