131 McDowell Street, Asheville, NC 28801

Property Description

Outstanding redevelopment opportunity ~ 2.254 acs located in the heart of Asheville’s medical district adjacent the Mission Hospital campus! Great location for high density apartments, assisted living or medical center development! INST zoning accommodates 60 units ac under an affordable concept with no height standards excepting portions of the site located outside the “transition area” (ask agent re: potential land swaps). Buildings on site are deemed to have no contributory value. Do not enter buildings (demo estimate is available upon request). Ask agent re: interior condition; do not go inside the building. This offering is "as is- where is". Agent must accompany.

Listing Status:

Active

Data Last Updated:

November 13, 2026 at 7:15AM

Listing Office:

NAI Beverly-Hanks : 828-210-3940

MLS ID:

4397986

Interior

• Appliances: None
• Basement: Exterior EntryOther
• Flooring: CarpetTileOther - See Remarks
• A/C: Central AirOther - See Remarks
• Heating: CentralOther - See Remarks

Exterior

• General: Other - See Remarks
• Parking: DrivewayParking LotParking Space(s)Other - See Remarks

Construction

• Roofing: Composition
• General: Basement

Location

• Road/Access: 4 Lane HighwayCity StreetHighwayUnimproved
• Originating MLS: carolina
• County: Buncombe

Lot

• Zoning: INST9648-34-5490-00000
• View: City
• Restrictions: Zoning

Utilities

• Utilities: Cable ConnectedElectricity ConnectedNatural GasPhone ConnectedOther - See Remarks
• Water: City
• Sewer: Public Sewer

Financial

• Source: carolina