87 Merrimon Avenue NAsheville, NC 28804Price: $1,525,000

This 2.89-acre infill development site sits along Asheville's sought-after Merrimon Avenue corridor, positioned between Downtown and North Asheville with strong visibility, access, and growth fundamentals. Flexible commercial zoning supports multiple high-value strategies - multifamily, mixed-use, hospitality, retail, or residential - letting developers tailor a project to market demand while preserving optionality. Located on a primary north-south artery with established surrounding demographics, the site benefits from consistent demand drivers and proximity to employment, retail, and lifestyle amenities. Utilities and access are already in place, reducing development complexity and supporting phased or flexible site planning. With large commercially zoned infill parcels increasingly scarce in this corridor, the offering stands out for groups seeking scale, frontage, and flexibility with multiple exit strategies. Buyer to verify zoning, permitted uses, utilities, acreage, and feasibility with Buncombe County and the City of Asheville; information deemed reliable but not guaranteed.