7 Orchard Street, Asheville, NC 28801 - Photo 1

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$4,495,000

For Sale
Active
Commercial

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Property Description

Prime downtown development opportunity fronting I-240 in the heart of Asheville. This one-plus-acre site is positioned for new development that can accommodate various projects, from mixed-use spaces to multi-family homes, as well as retail and office space. ***SEE BROCHURE FOR MORE DETAILS***

Full Property Details

Full Property Details for 7 Orchard St

General

Price: $4,495,000
Status: Active
Type: Commercial
Source: Charlotte_Regional_Realtor_Association
MLS ID: 4243983
Updated: 3/13/2026
Added to Site: 362 day(s) ago

Location

County: Buncombe
Complex: None
Driving Directions: â€” I-240 Charlotte St exit â€” I-240 Merrimon Ave exit â€” Orchard St or Central Ave
City Limits: Yes

Utilities

Sewer: Public Sewer
Water: City
Utility Description: Cable Available

Structural Information

# Buildings: 1
Min Required: 1 Sq. Ft.
Minimum Avail: 14,134 Sq. Ft.
Year Built: 1975

Lot Features

Street/Road Desc.: Paved
Rcmdd Zoning: O2

Disclosures and Reports

Inclusions: Building, Land
Property ID: 9649-52-1360-00000
Lot Number: 3939-330

Listed by G/M Property Group

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Schools

Schools serving 7 Orchard St

School District:Asheville City Schools

Name	Grades	Distance
Claxton Elementary 241 Merrimon Avenue, Asheville, NC 28801	K-5	0.5 mi
Isaac Dickson Elementary 125 Hillside Street, Asheville, NC 28801	K-5	0.6 mi
Asheville High 419 McDowell Street, Asheville, NC 28803	9-12	1.9 mi
Asheville Middle 211 South French Broad Avenue, Asheville, NC 28801	6-8	1.2 mi
School Of Inquiry And Life Science 419 McDowell Street, Asheville, NC 28803	9-12	1.9 mi
Ira B Jones Elementary 544 Kimberly Avenue, Asheville, NC 28804	K-5	2 mi
Hall Fletcher Elementary 60 Ridgelawn Road, Asheville, NC 28806	K-5	2.3 mi
Vance Elementary, Asheville, NC 98 Sulphur Springs Road, Asheville, NC 28806	K-5	3.3 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7 Orchard St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/13/2026

Price Reduced

$4,495,000

-10.01%

MLS

4/07/2025

Listed

$4,995,000

205.5%

MLS

3/01/2005

Sold

$1,635,000

—

Public Record

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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 7 Orchard St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$26,320

$2,396,000

—

2024

$24,753

$2,396,000

—

2023

$24,133

$2,396,000

—

2022

$23,893

—

$2,396,000

—

2021

$23,893

$2,396,000

11%

2020

$23,221

—

$2,154,300

—

2019

$23,221

—

$2,154,300

—

2018

$23,221

-1%

$2,154,300

—

2017

$23,437

12%

$2,154,300

26%

2015

$20,985

$1,707,500

—

2014

$20,729

—

$1,707,500

—

2013

$20,729

—

$1,707,500

—

View All

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 7 Orchard St

7 Orchard Street, Asheville, NC 28801 (MLS# 4243983) is a Commercial property. 7 Orchard Street is currently listed for $4,495,000 and was received on April 07, 2025. Want to learn more about 7 Orchard 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.

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7 Orchard St Asheville, NC 28801