181 Merrimon Avenue, Asheville, NC 28801

$899,000

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Listing courtesy of Appalachian Realty Associates. gray@appalachianrealty.com

List Price
$899,000
MLS#
4198938
Status
ACTIVE
Days on Market
631
Property Type
Commercial Sale
Distressed Property
Yes
Year Built
1907
Price Change
▼ $99,000 1784074633
Lot Size
17,859
Lot Size Area
0.41000000000000003
County
Buncombe
Special Conditions
Subject to Lease
Waterfront Features
None

Property Description

INVESTMENT OPPORTUNITY near downtown Asheville! Commercially zoned four-plex walking distance to downtown, Trader Joes, Harris Teeter and several great restaurants. Given its tremendous street exposure on a large .41 acre lot and plenty of off street parking, this property could be converted to commercial use. There are two studio apartments, one large bedroom apartment with private balcony and a two-bedroom/two-bath apartment with private patio and bonus room. All units have their own electric meter and run off the same natural gas boiler.

Additional Information

Equipment
Dishwasher, Electric Range, Refrigerator
Foundation
Basement, Pillar/Post/Pier
Heating
Hot Water, Natural Gas
Water
City
Sewer
Public Sewer
Exterior Construction
Cedar Shake
Roof
Architectural Shingle
Parking
Driveway, Parking Space(s)
Driveway
Paved
Zoning
CBI

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

“ Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”

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