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131 McDowell St

14,744 SF 100% Leased Office Building Asheville, NC 28801 £2,054,026 (£139/SF)

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Investment Highlights

Outstanding redevelopment opportunity located in the heart of Asheville's medical district!

2.38% annual population growth forecast from 2024 to 2029!

Executive Summary

Outstanding redevelopment opportunity - 2.254 acres located in the heart of Asheville's medical district adjacent the Mission Hospital campus! Prime site perfect for high density apartments, assisted living, medical center offices, or affordable housing. INST zoning accommodates 60 units per acre with no height standards excepting portions of the site located in the "transition area". Redevelopment opportunities include potential adaptive reuse of the existing buildings for office conversion, general business, facility/construction offices with laydown yard or demo, in whole or part, for alternative mid-rise development. 2.38% annual population growth forecast (ESRI) from 2024 to 2029! Do not enter buildings, demo estimate on file, agent must accompany all showings.

_ NAI - Brochure _P_