68 Carter Street Asheville, NC
$ 3,250,000
Property Attributes
  • ML#3713272
  • TypeContingent
  • CountyBUNCOMBE
  • CityAsheville
  • AreaBuncombe County
  • Zip28801
  • StyleCommercial
  • Price$ 3,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.25 Acres
Listing Provided Courtesy Of:
NAI Beverly-Hanks
Data Source:
Canopy MLS
Property Description

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.

Price History
3/1/2021 Listed $3,250,000

General Features

Car Hoasubjectto None
Possible Use Commercial, Multi-Family, Private Estate, Recreational/2nd House, Residential, Subdevelopment, Other
Property SubType Commercial
Property Type Commercial Sale
Restrictions Other - See Media/Remarks
Secondary Sub-Type Special Purchase
Standard Status Active Under Contract
Structure Type Other
Zoning Description CBD

Exterior Features

Lot Size Area 1.25


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 28801

AVG $720K
AVG 115
AVG 73
Data Provided by Walkscore ® not using MLS data

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