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0 Swannanoa River Road , Asheville, NC 28803

$6,289,400
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MLS#4308729
STATUSActive PROPERTY TYPECommercial - Business
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Property Description

Look Close! This 10.063 acres across seven parcels held under multiple entity ownerships offers the potential for acquisition and redevelopment for multifamily use? affordable, work force, market rate, LIHTC? you decide. Singularly, each ownership segment presents challenges relative to: FEMA's 50% rule, slope, floodplain and floodway ordinances. Combined, with calculated thought, the door to opportunity is opened for multifamily redevelopment by shifting proposed buildout to the middle of all the conjoined land & taking advantage of the UP, RM8 & RIV zoning (or conditional use rezoning) blending all land tracts under a single use concept! Combined, some development hurdles are potentially mitigated. Resources, grants and low interest loans are potentially available to make this post disaster land opp the rising phoenix! Buyer to conduct all due diligence; by appointment only, buildings occupied? do NOT ride on property; agent must accompany!

0 Swannanoa River Road | MLS# 4308729

This commercial property located at 0 Swannanoa River Road , Asheville, NC 28803 is currently listed for sale with an asking price of $6,289,400. Search Asheville real estate on ericm.lakenormanrealty.com today.

Property Features

Property Type: Commercial - Business
Fenced: Yes
Lot Size: 10.06 Acres

Feature Descriptions

Days on Site: 160
Flood Plain: Yes
Lot: Flood Fringe Area, Flood Plain/Bottom Land, Green Area, Hilly, River Front, Rolling Slope, Sloped, Steep Slope, Wooded, Views
Other Structures: Outbuilding, Shed(s), Workshop, Other - See Remarks
Parcel#: 9648-71-3307-00000
Parking: Driveway, Other - See Remarks
Sewer: Public Sewer, Other - See Remarks
Special View Info: City, Long Range, Mountain(s)
Utilities: Electricity Connected, Other - See Remarks
Water: City, Public, Other - See Remarks

Listed By / Shown By

Listed By

Agency Name: NAI Allen Tate Beverly-Hanks Commercial
Agency Contact: markmorris@naibeverly-hanks.com

Shown By

Agent Name: Eric McCauley
Agent Phone: (704) 754-3796
Agency Title: Lake Norman Realty

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Mooresville Sales 522 River Highway
Mailing PO Box 5656
Mooresville, NC 28117
Eric McCauley
(704) 754-3796
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/13/2026. The listing information on this page last changed on 03/13/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 03/13/2026 4:53:32 AM EST) or Canopy MLS (last updated Fri 03/13/2026 12:27:39 AM EST) or Triad MLS (last updated Thu 03/12/2026 11:40:20 PM EST). Real estate listings held by brokerage firms other than Lake Norman Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

Based on information submitted to the MLS GRID. 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. Properties may or may not be listed by the office/agent presenting the information.” Displays of minimal information (e.g. “thumbnails”, text messages, “tweets,” etc., of two hundred (200) characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. For audio delivery of listing content, all required disclosures must be subsequently delivered electronically to the registered consumer performing the property search or linked to through the devices application.

Listings courtesy of Canopy MLS as distributed by MLS GRID.

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