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EXECUTIVE SUMMARY
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***
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Property Size
14,134 sq ft
Costar Property Class
C
Year Built
1975
Price
£3,698,048
Price per sq ft
£261.64
Tenancy
Multiple
Number of Floors
2
Plot ratio
0.30
Total Plot Size
1.09 ac
Use Class
O2 - Office
Parking
60 Spaces (4.25 Spaces per 1,000 sq ft Leased)
Frontage
118 ft on Orchard St
AMENITIES
- Freeway Visibility
- Drive Thru
Walk Score®
Easily Walkable (89)
Bike Score®
Good for cycling (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 9649-52-1360-00000 | Improvements Assessment | £912,629 |
| Land Assessment | £861,249 | Total Assessment | £1,773,879 |
PROPERTY TAXES
Parcel Number
9649-52-1360-00000
Land Assessment
£861,249
Improvements Assessment
£912,629
Total Assessment
£1,773,879
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7 Orchard St
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