Property Details
21 Pearl Street
Asheville
$850,000
MLS Number: 4429402
Status: Active
Description
A rare development opportunity in the heart of downtown Asheville. Located at 21 Pearl Street and zoned CBD, this property offers exceptional flexibility for an investor, developer, or owner-user looking to establish a presence in one of Asheville’s most desirable and dynamic areas. The property includes an existing home along with a second parcel, offering significant future development potential. The home’s layout lends itself particularly well to professional office use, with multiple rooms that could function as private offices, meeting spaces, and a welcoming reception or lobby area. This creates the opportunity to utilize the existing structure immediately while exploring the longer-term potential of the property. Adding to its investment appeal, 21 Pearl Street is located within a designated Opportunity Zone, which may provide meaningful tax advantages for qualifying investments and redevelopment projects. Combined with CBD zoning and its downtown location, the property presents a wide range of possibilities for commercial, residential, mixed-use, or other development opportunities, subject to applicable City of Asheville requirements. Whether envisioned as an owner-occupied office, an income-producing property, a redevelopment site, or a combination of immediate use and future development, 21 Pearl Street offers a compelling opportunity to invest in downtown Asheville.
Location |
|
|---|---|
| Address | 21 Pearl Street Asheville |
| County | Buncombe |
Overview |
|
| Bedrooms | 0 |
| Full Bathrooms | 0 |
| Half Bathrooms | 0 |
| Lot Size | 0.32 acres |
| Year Built | 1905 |
General |
|
| List Price | $850,000 |
| MLS Number | 4429402 |
| Status | Active |
| Office | Abode Realty |
Schools |
|
| Elementary | |
| Middle | |
| High | |
Features |
|
| Type | N/A |
| Water/Sewer | City |
Listings courtesy of Canopy MLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 11/07/26 4:34 am EST.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2020 Canopy Multiple Listing Services, Inc. All rights reserved.
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