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$3,000,000
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Property Description
9,629/sf Building on 1.57/ac now available for purchase in downtown Asheville. Currently a medical office with ample parking available. Tenant will stay for 3 +/- years with the current lease with no options. This is a fantastic Investment Opportunity in Downtown Asheville. CAP rate 6.9%.
Full Property Details
Full Property Details for 14 McDowell St
General
- Price: $3,000,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4283707
- Updated: 7/31/2025
- Added to Site: 214 day(s) ago
Location
- County: Buncombe
- City Limits: Yes
Structural Information
- Minimum Avail: 9,629 Sq. Ft.
- Year Built: 1983
Lot Features
- Street/Road Desc.: Paved
- Rcmdd Zoning: OB
Disclosures and Reports
- Inclusions: Building, Land
- Property ID: 9648-35-4981-00000
- Lot Number: 4899-627
Listed by Pulliam Properties, Inc
Get Pre-Approved Today
Schools
Schools serving 14 McDowell St
School District:Asheville City Schools
| Name | Grades | Distance |
|---|---|---|
Asheville High 419 McDowell Street, Asheville, NC 28803 | 9-12 | 0.7 mi |
Hall Fletcher Elementary 60 Ridgelawn Road, Asheville, NC 28806 | K-5 | 1.3 mi |
Claxton Elementary 241 Merrimon Avenue, Asheville, NC 28801 | K-5 | 1.7 mi |
Asheville Middle 211 South French Broad Avenue, Asheville, NC 28801 | 6-8 | 0.4 mi |
School Of Inquiry And Life Science 419 McDowell Street, Asheville, NC 28803 | 9-12 | 0.7 mi |
Isaac Dickson Elementary 125 Hillside Street, Asheville, NC 28801 | K-5 | 1.7 mi |
Vance Elementary, Asheville, NC 98 Sulphur Springs Road, Asheville, NC 28806 | K-5 | 2.7 mi |
Ira B Jones Elementary 544 Kimberly Avenue, Asheville, NC 28804 | K-5 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 14 McDowell St
Date
Details
Price
Change
Source
7/21/2025
Listed
$3,000,000
41.51%
MLS
7/07/2011
Sold
$2,120,000
—
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 14 McDowell St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,684
9%
$1,609,800
—
2023
$16,214
1%
$1,609,800
—
2022
$16,053
—
$1,609,800
—
2021
$16,053
-6%
$1,609,800
2%
2020
$17,074
—
$1,584,000
—
2019
$17,074
—
$1,584,000
—
2018
$17,074
-1%
$1,584,000
—
2017
$17,232
-54%
$1,584,000
-48%
2015
$37,648
1%
$3,063,300
—
2014
$37,188
—
$3,063,300
—
2013
$37,188
—
$3,063,300
—
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 14 McDowell St
14 McDowell Street, Asheville, NC 28801 (MLS# 4283707) is a Commercial property. 14 McDowell Street is currently listed for $3,000,000 and was received on July 21, 2025. Want to learn more about 14 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.

