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Cash investor wanted for joint venture. 3 miles to I 40, I 240, Blue Ridge Parkway & Asheville Ideal for three to six large multi-family/commercial buildings with lower and upper parking (Needs County approval). Public water, Public sewer (97,500 gallons per day allocation for 250,000 sf of commercial and 800 bedrooms), gas, electric, cable phone available on prime corner location at the top of the mountain (Minehole Gap) (over 20,000 cars per day), double access curb cut on 5 lane Hwy 74A, with long range views. Currently zoned R-LD. Buyer would need to appeal for commercial or multifamily "conditional use". Approved for commercial use by Buncombe County Planning Board but not by the commissioners. 6 acres usable with three plateaus, 4 acres steep backdrop for community space. Total of 1800 feet of road frontage (900 feet on Hwy 74A, 600 feet on Cedar Mountain Road and 300 feet owned on Atherton). Previously under contract for $1,100,000 for assisted living facility.
Listed by Allen Helmick of Cool Mountain Realty

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