Date
Details
Price
Change
Source
2/27/2025
Listed
$3,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$3,600,000
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Property Description
Excuse the Mess, But Don't Miss the Opportunity! Beyond all doubt - Biltmore Village will emerge stronger and more vibrant than it has ever been! Look close - this diamond-in-the-rough industrial property presents the rarest of post Helene redevelopment opportunities: hospitality (blue zone), adjacent historic Biltmore Village District but not in the District, floodplain/floodway yes, ravaged yes, but ready for a fresh start under the 50% rule atop a ~45,000 SF building footprint! Explore surface parking to minimize ground penetration and rise-above parking with engineered columns as means to maximize the 2.34 acre horizontal plane. Railroad theme... possibly - a nod to history and George Vanderbilt's vision that helped build this region and country. Truly a hub for top-tier retail, hospitality, and lifestyle - everything is walkable in Biltmore Village! If you seek excellence, this location undoubtedly calls out for the finest in hospitality or select mix-use redevelopment.
Full Property Details
Full Property Details for 9 Reed St
General
- Price: $3,600,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4227441
- Updated: 4/11/2025
- Added to Site: 325 day(s) ago
Location
- County: Buncombe
- Cross Streets: Brook
- Driving Directions: From downtown Asheville, go South on Biltmore Ave which transitions to Hendersonville Rd just before Biltmore Village; follow Hendersonville Rd to left on Brook St, then left on to Reed St. This site lies behind the exclusive Brook St/Lodge St retail shops. GPS should get you there! Truly a hub for top-tier retail, hospitality, and lifestyle – everything is walkable in Biltmore Village! Join upscale shops, Ruth’s Chris Steakhouse, the Grand Bohemian Autograph (hotel) with recently announced expansion, local breweries and not least, just blocks from the main gate of the iconic Biltmore House!
- City Limits: Yes
Utilities
- Sewer: Public Sewer, Other - See Remarks
- Water: City, Public
- Utility Description: Natural Gas, Other - See Remarks
Structural Information
- Exterior Const.: Other - See Remarks
- Roof: Other - See Remarks
- Year Built: 1921
Lot Features
- Street/Road Desc.: Paved
- Lot Features: Flood Plain/Bottom Land, Level, Paved, River Front, Creek/Stream, Other - See Remarks
Financial Considerations
- Terms: Cash, Other - See Remarks
Disclosures and Reports
- Special Conditions: Undisclosed
- Restrictions: Architectural Review, Building, Height, No Representation, Other - See Remarks
- Inclusions: Building, Land, Other
- Property ID: 9648-70-3204-00000
- Lot Number: 2027/426, 428, 430
Listed by NAI Allen Tate Beverly-Hanks Commercial
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Listing agent
— 9 Reed St —
NAI Allen Tate Beverly-Hanks Commercial
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 9 Reed St
School District:Buncombe County Schools
| Name | Grades | Distance |
|---|---|---|
Oakley Elementary 753 Fairview Road, Asheville, NC 28803 | PK-5 | 1.6 mi |
A C Reynolds High One Rocket Drive, Asheville, NC 28803 | 9-12 | 3.8 mi |
A C Reynolds Middle 2 Rocket Drive, Asheville, NC 28803 | 6-8 | 3.9 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 9 Reed St
Tax History
Tax History for 9 Reed St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,247
-72%
$328,500
-75%
2023
$11,781
1%
$1,307,600
—
2022
$11,651
—
$1,307,600
—
2021
$11,651
189%
$1,307,600
210%
2020
$4,038
—
$421,500
—
2019
$4,038
—
$421,500
—
2018
$4,038
-1%
$421,500
—
2017
$4,080
-10%
$421,500
1%
2016
$4,510
1676%
$418,000
65%
2015
$254
2%
$253,000
—
2014
$250
—
$253,000
—
2013
$250
—
$253,000
—
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 9 Reed St
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9 Reed Street, Asheville, NC 28803 (MLS# 4227441) is a Commercial property. 9 Reed Street is currently listed for $3,600,000 and was received on February 27, 2025. Want to learn more about 9 Reed 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.