131 McDowell Street
$2,600,000
131 McDowell Street
Asheville, NC 28801
Property Type
Commercial Sale
Year Built
1974
Lot Size
2.25 acres
Garage

About This Property

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 Details

Interior

Stories
2

Exterior & Lot

Lot Size
2.25 acres
Year Built
1974

Location

County
Buncombe
ZIP Code
28801

Financial

Listing Terms
Cash, Conventional

Utilities

Utilities
Cable Connected, Electricity Connected, Natural Gas, Phone Connected, Other - See Remarks
Sewer
Public Sewer

Schools

Appliances

None

Heating

Central, Other - See Remarks

Cooling

Central Air, Other - See Remarks

Lot Features

Cleared, Hilly, Sloped, Wooded, Views

Location

Listing Information

MLS #
CAR4397986
Listing Agent
Mark Morris
Listing Office
NAI Beverly-Hanks
Listed Date
Jun 26, 2026
Susan Young
Susan Young
Realtor®, Broker Associate

Contact Susan Young About This Property

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