North Carolina
Asheville
9 Reed Street

$3,600,000

9 Reed Street, Asheville, NC 28803

Commercial Property
Built in 1921
2.37acre lot
—— car garage
$——/sqft
Listed 3 months ago

Property Description

Excuse the Mess, But Don’t Miss the Opportunity! Beyond all doubt - Biltmore Village will emerge stronger and more vibrant than it has ever been! Look close - this diamond-in-the-rough industrial property presents the rarest of post Helene redevelopment opportunities: hospitality (blue zone), adjacent historic Biltmore Village District but not in the District, floodplain/floodway yes, ravaged yes, but ready for a fresh start under the 50% rule atop a ~45,000 SF building footprint! Explore surface parking to minimize ground penetration and rise-above parking with engineered columns as means to maximize the 2.34 acre horizontal plane. Railroad theme... possibly - a nod to history and George Vanderbilt’s vision that helped build this region and country. Truly a hub for top-tier retail, hospitality, and lifestyle – everything is walkable in Biltmore Village! If you seek excellence, this location undoubtedly calls out for the finest in hospitality or select mix-use redevelopment.

Listing Status:: Active
Listing Office:: NAI Allen Tate Beverly-Hanks Commercial : 828-210-3940
MLS ID:: 4227441

Roofing: Other - See Remarks
General: Crawl SpaceOther - See Remarks

This listing courtesy of NAI Allen Tate Beverly-Hanks Commercial

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Oakley Elementary School

753 Fairview Rd, Asheville, NC, 28803

Grades KG-5

1.57 miles away

Reynolds Middle School

2 Rocket Dr, Asheville, NC, 28803

Grades 6-8

3.74 miles away

Middle College

340 Victoria Rd, Asheville, NC, 28801

Grades 11-12

0.92 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.