71 Thompson St
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71 Thompson St
0.93 Acres of Commercial Land Offered at £1,412,048 in Asheville, NC 28803
Executive Summary
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.
Property Facts
| Price | £1,412,048 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| Sale Conditions | Development Sale | Total Lot Size | 0.93 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land |
| Price | £1,412,048 |
| Sale Type | Investment |
| Sale Conditions | Development Sale |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.93 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | £1,412,048 | Lot Size | 0.93 AC |
| Price Per AC | £1,518,331 |
| Price | £1,412,048 |
| Price Per AC | £1,518,331 |
| Lot Size | 0.93 AC |
Existing building to be demolished and site to be graded by owner prior to sale.
Description
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.
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £527,430 | |
| Land Assessment | £141,682 | Total Assessment | £669,112 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£141,682
Improvements Assessment
£527,430
Total Assessment
£669,112
zoning
| Zoning Code | RIVER |
| RIVER |
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71 Thompson St
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