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Listing provided courtesy of NAI Allen Tate Beverly-Hanks CommercialMLS# 4208180MLS ProviderContact Information: [email protected]
  • 558 days on site
  • 0 views

Introducing 71 Thompson St, Asheville, NC, a +/- .93-acre redevelopment opportunity in the heart of Biltmore Village, heavily impacted by hurricane Helene, and ready for new, creative redevelopment vision. This 5-parcel assemblage is located with the River zoning district, as well as the All hotel overlay district, making for a unique redevelopment opportunity in a central Biltmore Village location. With over 300 feet of road frontage on Thompson Street, easy access to downtown Asheville, and walking distance to the Biltmore estate, this expansive property offers an exceptional opportunity for investors looking to lead the charge in bringing new life and creative redevelopment into the core of Biltmore Villages post Helene recovery.

Source: Canopy MLS, MLS#: 4208180

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  • Property Type
    Commercial Sale

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  • Median Age
    42
  • Population Density
    882
  • College Educated
    59%
  • Estimated Median Income
    $55,658
  • Estimated Total Home Owners
    7,407
  • Estimated Total Renters
    7,459
  • Owner / Renter Divide
    50% / 50%
  • Estimated Average Household Size
    2
  • Total Population
    34,126
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 71 Thompson Street

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
1/20/2026Source: Canopy MLS Price Reduction
$975,000 -34.8%
7/31/2025Source: Canopy MLS Price Reduction
$1,495,000 -15.8%
12/18/2024Source: Canopy MLS Added to Database
December 18, 2024