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$2,250,000 Just Listed
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Property Description
Exceptional commercial redevelopment opportunity on 2.37 acres in Asheville, just minutes from the entrance to Biltmore Estate, Biltmore Village, downtown Asheville, and Interstate 40. This historic 1921 industrial building offers a blank canvas for adaptive reuse, mixed-use development, office, retail, hospitality, or investment opportunities. Existing features include heavy-duty steel support beams, expansive pour-ready concrete foundations, and exposed historic brickwork, providing character and structural integrity for future redevelopment. Located in a high-demand commercial corridor with excellent accessibility and redevelopment potential, this unique property presents a rare opportunity to create a landmark destination in one of Asheville's most desirable locations.
Full Property Details
Full Property Details for 9 Reed St
General
- Price: $2,250,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4407621
- Updated: 7/31/2026
- Added to Site: 1 day(s) ago
Interior
- Flooring: Concrete
Location
- County: Buncombe
- Driving Directions: GPS is accurate
- City Limits: Yes
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- # Buildings: 1
- Construction: Site Built
- Exterior Const.: Block, Brick Partial
- Roof: Rubber, Steel, Wood Rafters
- Ceiling Height: 15
- # Loading Docks: 1
- Min Required: 28,418 Sq. Ft.
- Minimum Avail: 28,418 Sq. Ft.
- Year Built: 1921
Lot Features
- Street/Road Desc.: Concrete, Dirt, Gravel
- Lot Features: Flood Plain/Bottom Land, Level
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Inclusions: Building
- Property ID: 9648-70-3204-00000
- Lot Number: 2027/430
Listed by Century 21 Connected and CENTURY 21 Connected
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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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 9 Reed St
Date
Details
Price
Change
Source
7/31/2026
Listed
$2,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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
9 Reed Street, Asheville, NC 28803 (MLS# 4407621) is a Commercial property. 9 Reed Street is currently listed for $2,250,000 and was received on July 31, 2026. 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.

