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502-506 Merrimon Avenue, Asheville, NC 28804
$621,740
502-506 Merrimon Avenue, Asheville, NC 28804View this property at 502-506 Merrimon Avenue, Asheville, NC 28804
502-506 Merrimon AvenueAshevilleNC28804
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Property Description & Video
502-506 Merrimon Avenue, Asheville, NCVideo Tour of 502-506 Merrimon Avenue, Asheville, NC.
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.
Full Property Details
Full Property Details for 502-506 Merrimon Ave
General
- Price: $621,740
- Status: Active
- Type: Commercial
- MLS ID: 4099867
- Updated: 1/18/2024
- Added to Site: 108 day(s) ago
Location
- County: Buncombe
- City Limits: Yes
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Exterior Const.: Brick Partial
Lot Features
- Street/Road Desc.: Paved
- Lot Features: Corner Lot, Flood Plain/Bottom Land, Infill Lot
- Rcmdd Zoning: CBI
Financial Considerations
- Terms: Cash, Exchange
Disclosures and Reports
- Restrictions: No Representation
- Inclusions: Building, Land
- Property ID: 9649-38-6076, 9649-38-6063
- Lot Number: 4551/1306
Listed by NAI Allen Tate Beverly-Hanks Commercial
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Schools
Schools serving 502-506 Merrimon Ave
Rating | Name | Grades | Distance |
---|---|---|---|
241 Merrimon Ave, Asheville, NC 28801 | K-5 | 0.6 mi | |
544 Kimberly Ave, Asheville, NC 28804 | K-5 | 1 mi | |
125 Hill St, Asheville, NC 28801 | K-5 | 1.5 mi | |
211 S French Broad Ave, Asheville, NC 28801 | 6-8 | 2 mi | |
20 Erwin Hills Rd, Asheville, NC 28806 | 7-8 | 4.2 mi | |
51 N Buncombe School Rd, Weaverville, NC 28787 | 7-8 | 6.9 mi | |
175 Bingham Rd Ste 10, Asheville, NC 28806 | 9-12 | 1.7 mi | |
419 McDowell St, Asheville, NC 28803 | 9-12 | 3 mi | |
419 McDowell St, Asheville, NC 28803 | 9-12 | 3 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 502-506 Merrimon Ave
Date
Details
Price
Change
Source
1/11/2024
Listed
$621,740
—
MLS
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 502-506 Merrimon Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,597
1%
$158,600
—
2022
$1,582
—
$158,600
—
2021
$1,582
48%
$158,600
60%
2020
$1,071
-46%
$99,400
-46%
2019
$2,001
—
$185,600
—
2018
$2,001
-1%
$185,600
—
2017
$2,019
66%
$185,600
87%
2015
$1,219
1%
$99,200
—
2014
$1,204
—
$99,200
—
2013
$1,204
—
$99,200
—
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 502-506 Merrimon Ave
502-506 Merrimon Avenue, Asheville, NC 28804 (MLS# 4099867) is a Commercial property. 502-506 Merrimon Avenue is currently listed for $621,740 and was received on January 11, 2024. Want to learn more about 502-506 Merrimon Avenue? 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.