North West AshevilleNorth Carolina
Less than 15 minutes to downtown Asheville, this area is located in an ideal location of Asheville – much of it without the city taxes!
Head over to the newly completed Silver-Line Park in Woodfin! The park includes a section of greenway, train station and platform for the Craggy Rail Line, playground, pavilion, picnic area, river access, boat ramp and more.
You also have close proximity to the Grove Park Inn and neighborhood, a beautifully historic area centered by the Inn. Enjoy a cocktail in the best sunset location in the city and enjoy dinner at one of their several 5 star restaurants.
In the other direction, enjoy an art stroll in the River Arts District, stopping at any of the many breweries in the area or have lunch at the Asheville staple, 12 Bones BBQ.
A discerning investor will be impressed by this opportunity to add almost 7 acres of gorgeous mountain property with 5 separate parcels and 3 large residences to their portfolio. So many advantages to this hands-off, low-maintenance investment. Ideal location, NNN lease, expansive French Broad River and Mountain Views, high-end single-family residences, future value add potential, 2 possible build sites on additional PINS. Find all of this in an incredible Asheville location just a short drive to the heart of downtown. Tax advantages; in an opportunity zone. A reputable long-term NNN tenant is in place with options through May 2033. Tenants express interest in discussing the option to renew with the new landlord. This sober living investment is safe and stable with the potential for future growth. Expand your horizons and land in the bosom of the blue ridge mountains for your next dream investment. Up the road from Silverline Park. Cap Rate: 6.39%. Inspection report available.
Homes for Sale in North West Asheville
99999 Reynolds Mountain Boulevard
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|8 acres of Commercially Zoned Property in Woodfin NC. MSD Sewer line is available along the paved city street that borders the property site located within the Woodfin Water District service area. The property has 180 views of the mountains and Asheville, located a block off Merrimon Ave and close to an I-26 interchange.Just 10 minutes from Asheville or Weaverville. The current owner had the property designed, graded, and approved for a 50-lot small home community, complete with roads and stormwater systems in place. Covid delayed plans and now it would need to go before a conditional use zoning for re-approval with the town of Woodfin. Plans are available from the seller. This property offers much potential for commercial, retail, and a variety of service businesses under Woodfin's CS zoning. Could be an ideal spot for multifamily apartments as the property is adjacent to R-10 zoning on three sides.
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| Listing courtesy of: EXP Realty LLC Asheville - firstname.lastname@example.org
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Data updated February 22, 2024.