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Active

502 506 Merrimon Avenue

Asheville, NC 28804

Active 97 days on market Listing ID CAR 300570270

$486,441

Est. $2,796/mo See my rate

$3,741,854/acre

.13 acres · $3,741,854/acre

.13 Acres
Zoning —
Unimproved Commercial
Listed Apr 21, 2026 Updated Apr 21, 2026

Land Essentials

PowerUnknownWaterCitySewerPublicTopographyCorner Lot, Flood Plain/Bottom Land, Infill Lot

Location

Address
502 506 Merrimon Avenue
City
Asheville, NC 28804
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About This Home

A One of a kind redevelopment opportunity, prominently sited on high traffic Merrimon road. This 2 parcel grouping sits at the gateway to UNC Asheville, on the corner of Chatham Road, with walkability to downtown Asheville, and is prime for new vision. Can be acquired as part of a larger offering including the two adjacent Merrimon fronting properties, if desired.

Ideal opportunity for a mixed-use redevelopment project. Existing early 1900s two story masonry building may have potential for adaptive reuse and incorporation into new master plan, buyer to verify.

Property Details

Interior Details

Inclusions
  • Building
  • Land
Sqftmaximumlease
0.00
Sqftminimumlease
0.00
Sqftavailablemaximum
0
Sqftavailableminimum
0

Square Footage And Levels

Below Grade Finished Area
0

Exterior Features

Construction Materials
  • Brick Partial

Lot And Land

Lot Features
  • Corner Lot
  • Flood Plain/Bottom Land
  • Infill Lot
Lot Size Acres
0.13
Lot Size Units
Acres
Other Structures
  • Other - See Remarks

Utilities

Sewer
  • Public Sewer
Water Source
  • City

Financial Information

Citytaxespaidto
Asheville

Zoning And Restrictions

Zoningspecification
C B I

Listed by Karl Nelson (828-713-0927) · NAI Allen Tate Beverly-Hanks Commercial (828-210-3940)

Canopy MLS

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