Land Suitable for Office or Medical

5 Frederick Street, Asheville, NC 28801

Property Information

  • For Sale $1,050,000
  • Property Type VacantLand
  • Lot Size 0.91 Acre
  • Date Updated Apr 24, 2026

Description

.91 Acres located in the Mission Hospital hospital district. Parcel is located in an Opportunity Zone and seated on the main road corridor connecting downtown Asheville to Biltmore Village.Prime ±0.91-acre development site located in the Mission Hospital District. Positioned on the main corridor connecting Downtown Asheville to Biltmore Village. Located within an Opportunity Zone and zoned Office/Business District, allowing a wide range of office, medical, residential, and supporting commercial uses. Highly visible location with strong connectivity and long-term investment potential.

Highlights

  • Office/Business District zoning allows office, medical, multifamily, retail, daycare, fitness, and research uses
  • Opportunity Zone with tax-advantaged investment potential
  • Strategic location between Downtown Asheville and Biltmore Village
  • Strong development site in a rapidly growing medical district

Contacts

Austin Tyler, SIOR

Dewey Property Advisors

Location

Located at 5 Frederick Street, Asheville, NC 28801, this property is part of the Lee Walker Heights neighborhood and Asheville market.

Contact Listing Broker
Austin Tyler, SIOR

Dewey Property Advisors

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