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$975,000

  • For Sale
  • Active
  • Commercial
  • 75 Parking Spaces
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Introducing 71 Thompson St, Asheville, NC, a +/- .93-acre redevelopment opportunity in the heart of Biltmore Village, heavily impacted by hurricane Helene, and ready for new, creative redevelopment vision. This 5-parcel assemblage is located with the River zoning district, as well as the "All" hotel overlay district, making for a unique redevelopment opportunity in a central Biltmore Village location. With over 300 feet of road frontage on Thompson Street, easy access to downtown Asheville, and walking distance to the Biltmore estate, this expansive property offers an exceptional opportunity for investors looking to lead the charge in bringing new life and creative redevelopment into the core of Biltmore Villages post Helene recovery.

Full Property Details for 71 Thompson St

General

  • Price: $975,000
  • Status: Active
  • Type: Commercial
  • Source: Charlotte_Regional_Realtor_Association
  • MLS ID: 4208180
  • Updated: 1/20/2026
  • Added to Site: 428 day(s) ago

Parking

  • Parking Features: Parking Lot, Parking Space(s)

Location

  • County: Buncombe
  • City Limits: Yes

Lot Features

  • Street/Road Desc.: Paved

Financial Considerations

  • Terms: Cash, Construction Perm Loan, Conventional, Exchange

Disclosures and Reports

  • Special Conditions: Undisclosed
  • Restrictions: No Representation
  • Inclusions: Land
  • Property ID: 9648-70-0778-00000
  • Lot Number: 6374-546

Listed by NAI Allen Tate Beverly-Hanks Commercial

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Listing agent

— 71 Thompson St —

  • NAI Allen Tate Beverly-Hanks Commercial

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 71 Thompson St

School District:Buncombe County Schools
NameGradesDistance
Oakley Elementary
753 Fairview Road, Asheville, NC 28803
PK-51.7 mi
A C Reynolds High
One Rocket Drive, Asheville, NC 28803
9-123.9 mi
A C Reynolds Middle
2 Rocket Drive, Asheville, NC 28803
6-84 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 71 Thompson St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/20/2026
Price Reduced
$975,000
-34.78%
MLS
7/15/2025
Price Reduced
$1,495,000
-15.77%
MLS
12/18/2024
Listed
$1,775,000
115.15%
MLS
12/21/2023
Sold
$825,000
—
Public Record
Get Price Alerts and Save Property
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 for 71 Thompson St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$309
-95%
$31,300
-95%
2023
$6,256
1%
$694,300
—
2022
$6,186
—
$694,300
—
2021
$6,186
17%
$694,300
25%
2020
$5,300
—
$553,300
—
2019
$5,300
—
$553,300
—
2018
$5,300
-1%
$553,300
—
2017
$5,355
-4%
$553,300
7%
2016
$5,555
101%
$514,800
101%
2015
$2,764
1%
$256,200
—
2014
$2,726
—
$256,200
—
2013
$2,726
—
$256,200
—
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 for 71 Thompson St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by NAI Allen Tate Beverly-Hanks Commercial

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71 Thompson Street, Asheville, NC 28803 (MLS# 4208180) is a Commercial property. 71 Thompson Street is currently listed for $975,000 and was received on December 18, 2024. Want to learn more about 71 Thompson 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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