This bank owned +/-1.446 acre commercial site provides a unique development opportunity along the highly traveled Tunnel Rd., in Asheville, NC. This currently vacant land on the east side of Tunnel Road is zoned HB - Highway Business District and has over 180 feet of frontage. Based on the slope of the property, a total of +/-1.2 acres of the lot is usable. All necessary services and utilities are available to the site. This portion of the property is suitable for hotel, restaurant, retail or service commercial development. MINIMUM BID ONLY: $599,000 - Bid deadline is October 11th 2012 at 5pm EDT.For more property information, auction details and to register to bid, visit www.FRE.com/129D5.Nestled in the Blue Ridge Mountains and the Great Smoky Mountains, the Asheville area attracts newcomers for its astounding quality of life, low crime rate and welcoming entrepreneurial environment. Known for its culinary delights, history, architecture, natural settings and as a Mecca for adventure lovers, Asheville has something for everyone.The Asheville area is ideal for business with its accessibility to major cities. Charlotte, NC, is an hour and a half away and Atlanta, GA, is a little over four hours from Asheville. Interstates 40, 26 and 240 crisscross the area. Asheville Regional Airport is the largest airport in Western North Carolina and offers direct flights to many major cities.
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