A unique opportunity in the heart of downtown Asheville. Located at 21 Pearl Street and zoned CBD, this property offers exceptional flexibility for an investor, business owner, or owner-user looking to establish a presence downtown. The existing home is particularly well suited for conversion to professional office space, with a layout that naturally accommodates multiple private offices, meeting space, and a welcoming reception or lobby area. The property also offers the potential to explore redevelopment or alternative uses permitted within Asheville's flexible CBD zoning, subject to applicable City requirements. Adding to its investment appeal, 21 Pearl Street is located within a designated Opportunity Zone, which may provide tax advantages for qualifying investments. With its downtown location, existing structure, CBD zoning, and Opportunity Zone designation, the property presents a compelling opportunity for office, investment, redevelopment, or a variety of other potential uses. Adjacent lot also available for sale. See MLS 4229402.
| MLS # | 4429386 |
|---|---|
| Listing Type | For Sale |
| Style | N/a |
| Sub-Type | Resale |
| Status | Active |
| Year | 1905 |
| Days On Site | 32 |
| Listing Provided By | Abode Realty | Ryan McCullough |
| Bath(s) | 1 |
|---|---|
| SQ Feet | 1,378 |
| Story(s) | 1 |
| Building(s) | 1 |
| Zoning | CBD |
| Acreage | 0.16 |
| Foundation Details | Crawl Space |
|---|
| List Aor | Land of The Sky Association of Realtors |
|---|
| Property | 252500 |
|---|
| State | NC |
|---|---|
| County | Buncombe |
| City | Asheville |
| Zip Code | 28801 |
| Area | Buncombe |
| Listing VS Median (in 28801) | |
Price: $600,000 low | high Med: $739,000 sqft: 1,378 low | high Med: 1,038 $ / sqft: $435 low | high Med: $712 On site: 32 low | high Med: 144 | |
| State | NC |
|---|---|
| County | Buncombe |
| City | Asheville |
| Zip Code | 28801 |
| Area | Buncombe |
| Listing VS Median (in 28801) | |
Price: $600,000 low | high Med: $739,000 sqft: 1,378 low | high Med: 1,038 $ / sqft: $435 low | high Med: $712 On site: 32 low | high Med: 144 | |