$1,100,000
For Sale

2236 US 70 Highway

Swannanoa, NC 28778
Browse 19 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

+/- acre property nearby two recent (60, 95 units) multifamily developments in Swannanoa, NC. Property is located 15-20 minutes from downtown Asheville. This potential affordable housing development site is located outside the city limits of Asheville. Sewer line runs along small stream in front of the two houses. No value placed on houses. Houses have month to month tenants according to the owner. Property is +/- 1 mile from I-40 (AADT of +/- 50,000) and +/- 10 minutes from the VA hospital, the Blue Ridge Parkway and John B Lewis soccer fields. This section of US 70 has AADT of +/- 11,000.
Please note that the property has a sewer easement along Franklin Rd.

  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1940
  • Community and Neighborhood Details
      • CountyBuncombe
      • ZoningCS
  • Financial Details
      • Original List Price$1,100,000
      • Days on Market (Cumulative)252
  • Other
      • MLS #4010058

Location

Matt GallinaReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
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