131 Mcdowell Street

Asheville, NC 28801

About this property

Outstanding redevelopment opportunity - 2.254 acres located in the heart of Asheville's medical district adjacent the Mission Hospital campus! Prime site perfect for high density apartments, assisted living, medical center offices, or affordable housing. INST zoning accommodates 60 units per acre with no height standards excepting portions of the site located in the "transition area". Redevelopment opportunities include potential adaptive reuse of the existing buildings for office conversion, general business, facility/construction offices with laydown yard or demo, in whole or part, for alternative mid-rise development. 2.38% annual population growth forecast (ESRI) from 2024 to 2029! Do not enter buildings, demo estimate on file, agent must accompany all showings.

About this property

Outstanding redevelopment opportunity - 2.254 acres located in the heart of Asheville's medical district adjacent the Mission Hospital campus! Prime site perfect for high density apartments, assisted living, medical center offices, or affordable housing. INST zoning accommodates 60 units per acre with no height standards excepting portions of the site located in the "transition area". Redevelopment opportunities include potential adaptive reuse of the existing buildings for office conversion, general business, facility/construction offices with laydown yard or demo, in whole or part, for alternative mid-rise development. 2.38% annual population growth forecast (ESRI) from 2024 to 2029! Do not enter buildings, demo estimate on file, agent must accompany all showings.

Features and Additional Information

Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$2,600,000 Active
0 SQFT

Presented By Coldwell Banker Sea Coast Advantage NB

Agent Image
Get in touch today! Phone: 1-252-638-3500
Brokerage
NAI Allen Tate Beverly-Hanks Commercial
1-828-210-3940
Listed By Mark Morris
Brokerage: NAI Allen Tate Beverly-Hanks Commercial

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Coldwell Banker Sea Coast Advantage NB

Real Estate Links Our Domains