Active

131 Mcdowell Street

Asheville, NC 28801

Active 33 days on market Listing ID CAR 305211404

$2,600,000

Est. $14,946/mo — See my rate

$1,155,556/acre

2.25 acres · $1,155,556/acre

2.25 Acres

Zoning —

Unimproved Commercial

Listed Jun 24, 2026 Updated Jun 26, 2026

Land Essentials

PowerUnknownWaterCitySewerPublicTopographyCleared, Hilly, Sloped, Wooded, Views

Location

Address: 131 Mcdowell Street
City: Asheville, NC 28801

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About This Home

Outstanding redevelopment opportunity ~ 2.254 acs located in the heart of Asheville’s medical district adjacent the Mission Hospital campus! Great location for high density apartments, assisted living or medical center development!

INST zoning accommodates 60 units ac under an affordable concept with no height standards excepting portions of the site located outside the “transition area” (ask agent re: potential land swaps). Buildings on site are deemed to have no contributory value. Do not enter buildings (demo estimate is available upon request).

Ask agent re: interior condition; do not go inside the building. This offering is "as is- where is". Agent must accompany.

Property history

Jun 24, 2026

Listed for sale $2,600,000 Active

33 days on market
Dec 22, 2015

Sold $2,175,000 Closed

Listed $2,500,000 · Aug 2, 2015 142 days on market
Aug 2, 2015

Previously listed $2,500,000 Closed

Property Details

Interior Details

Heating: Central
Other - See Remarks
Flooring: Carpet
Tile
Other - See Remarks
Inclusions: Building
Land
Sqftmaximumlease: 0.00
Sqftminimumlease: 0.00
Sqftavailablemaximum: 14744
Sqftavailableminimum: 14744

Dwelling And Structure

Accessibility Features: See Remarks

Square Footage And Levels

Below Grade Finished Area: 0

Parking And Garage

Parking Features: Driveway
Parking Lot
Parking Space(s)
Other - See Remarks

Exterior Features

Roof: Composition
Construction Materials: Hard Stucco
Stone Veneer
Wood

Lot And Land

Lot Features: Cleared
Hilly
Sloped
Wooded
Views
Lot Size Acres: 2.25
Lot Size Units: Acres
Other Structures: Other - See Remarks

Basement And Foundation

Basement: Exterior Entry
Other
Foundation Details: Basement

Waterfront And View

View: City
Waterfront Features: None

Utilities

Sewer: Public Sewer
Utilities: Cable Connected
Electricity Connected
Natural Gas
Phone Connected
Other - See Remarks
Water Source: City

Financial Information

Citytaxespaidto: Asheville

Zoning And Restrictions

Zoningspecification: I N S T

Listed by Mark Morris (828-674-4350) · NAI Beverly-Hanks (828-210-3940)

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