303 Gashes Creek Road, Asheville, NC 28803

$1,360,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,360,000
Status
ACTIVE
MLS#
4340387
Parcel Size
1.65
Days on Market
229

Property Description

Click "Documents" to see the hotel and office site conceptuals. Recent bank appraisal that supports asking price is available upon request. Great location for hospitality, medical office, or industrial distribution. Located in Buncombe County and not Asheville, so no Asheville restrictions on Hotel construction applies. Construction ready site with paved and striped parking in place for a hotel, office building, medical, gas station or convenience store. Over 30,000 cars on US 74A and right at the interchange with I-40. Right next to the Tunnel Road commercial core on one side and the Blue Ridge Parkway on the other. Previously approved for 30K office building or 68K sf of hotel through Buncombe County Planning and Zoning. Improvements include: parking, retaining walls, graded building site, underground fiber optic, sprinkler system, water supply, sewer and all utilities to site.

Additional Information

County
Buncombe
Restrictions
Height
Acreage Features
Open Lot
Sewer/Septic
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Dewey Property Advisors. greg.palombi@deweypa.com

“The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Real Estate Company nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Carolina Multiple Listing Services, Inc.”