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131 McDowell Street, Asheville, NC 28801
$2,900,000
131 McDowell Street, Asheville, NC 28801View this property at 131 McDowell Street, Asheville, NC 28801
131 McDowell StreetAshevilleNC28801
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Property Description
Outstanding redevelopment opportunity ~ 2.254 acs 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, or dormitory housing; 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 meaningful contributing value yet may have salvage value. Do not enter buildings (demo estimate is available upon request).
Full Property Details
Full Property Details for 131 McDowell St
General
- Price: $2,900,000
- Status: Active
- Type: Commercial
- MLS ID: 4103059
- Updated: 1/31/2024
- Added to Site: 129 day(s) ago
Interior
- Flooring: Carpet, Tile
Parking
- Parking Features: Driveway, Parking Lot, Parking Space(s), Other - See Remarks
Location
- County: Buncombe
- Driving Directions: From the Biltmore Ave/S Charlotte St intersection in downtown, follow Biltmore Ave to Mission Hospital, then RT onto Hospital Dr for 2 blocks; the site (and entrance) lies catty-corner from the traffic lit intersection of McDowell St & Hospital Dr.
- City Limits: Yes
Heating & Cooling
- Cooling Type: Central Air, Other - See Remarks
- Heating Type: Central, Other - See Remarks
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Cable Connected, Electricity Connected, Gas, Phone Connected, Other - See Remarks
Structural Information
- Construction: Site Built
- Exterior Const.: Hard Stucco, Stone Veneer, Wood
- Roof: Composition
- Minimum Avail: 14,744 Sq. Ft.
- Year Built: 1974
Lot Features
- Street/Road Desc.: Paved
- Elevation (Approx.): 2500
- Lot Features: Cleared, Hilly, Sloped, Wooded, Views
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Restrictions: No Representation, Other - See Remarks
- Inclusions: Building, Land
- Property ID: 9648-34-5490-00000
- Lot Number: 5383/1117
Listed by NAI Allen Tate Beverly-Hanks Commercial
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Schools
Schools serving 131 McDowell St
School District:Asheville City Schools
Rating | Name | Grades | Distance |
---|---|---|---|
60 Ridgelawn Rd, Asheville, NC 28806 | PK-5 | 1.2 mi | |
125 Hill St, Asheville, NC 28801 | K-5 | 1.3 mi | |
241 Merrimon Ave, Asheville, NC 28801 | K-5 | 2 mi | |
211 S French Broad Ave, Asheville, NC 28801 | 6-8 | 0.7 mi | |
419 McDowell St, Asheville, NC 28803 | 9-12 | 0.4 mi | |
419 McDowell St, Asheville, NC 28803 | 9-12 | 0.4 mi | |
98 Sulphur Springs Rd, Asheville, NC 28806 | K-5 | 2.7 mi | |
544 Kimberly Ave, Asheville, NC 28804 | K-5 | 3.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 131 McDowell St
Date
Details
Price
Change
Source
1/31/2024
Listed
$2,900,000
45%
MLS
4/15/2014
Sold
$2,000,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 131 McDowell St
Year
Property Taxes
Change
Tax Assessment
Change
2023
100%
100%
2022
100%
100%
2021
100%
100%
2020
-100%
-100%
2015
$30,252
1%
$2,461,500
—
2014
$29,883
-13%
$2,461,500
-13%
2013
$34,288
—
$2,824,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 131 McDowell St
131 McDowell Street, Asheville, NC 28801 (MLS# 4103059) is a Commercial property. 131 McDowell Street is currently listed for $2,900,000 and was received on January 31, 2024. Want to learn more about 131 McDowell Street? Do you have questions about finding other Commercial real estate for sale in Asheville? You can browse all Asheville real estate or contact a Coldwell Banker agent to request more information.