HILLIARD AVE. MLS# Karnes/CPE: Loopnet:

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1 Downtown Ashevlle Land FOR SALE or JOINT VENTURE on Prme Corner Zoned CBD (828) WhtneyCRE.com 357 Hllard Avenue, Ashevlle, NC Corner Lot at Hllard and Clngman Avenues s Surrounded by Sold Infrastructure and Constructon of New Bulds, Makng t Ideal for a Varety of Development Projects VOLVO DEALERSHIP RESIDENTIAL CLINGMAN AVE Lst Prce: $725, Acres UNDER DEVELOPMENT EXISTING MULTI-FAMILY/ MIXED-USE NEW MULTI- FAMILY UNDER DEVELOPMENT Central locaton between downtown and Rver Arts Dstrct Corner locaton provdes great vsblty and development flexblty Surrounded by new mult-famly development Walk to downtown and Rver Arts Dstrct 800 feet to I-26/I-240 East & West on-ramps CITY PARK AREA MLS# Karnes/CPE: Loopnet: Whtney Commercal Real Austn Estate Walker Servces CCIM, SIOR WhtneyCRE.com The Ashevlle Regon s Only Full-Servce awalker@whtneycre.com Commercal Real Estate Frm

2 OVERVIEW 357 Hllard Avenue s zoned CBD and s located at the corner of Clngman Avenue and Hllard Avenue on the west sde of Ashevlle s dense central busness dstrct. Ths ntersecton s just off the major access ponts to I-240/I-26 both East and West, as well as servng as a gateway from downtown to the Rver Arts Dstrct and the French Broad Rver. Surrounded by establshed busnesses, newer projects lke mult-famly, and a cty parks and recreaton area, ths corner locaton provdes the perfect buld opportunty n downtown Ashevlle, NC. Whether developed by one entty, or entered nto as a jont venture, the locaton s sold, and has water/sewer, electrc, and natural gas on-ste or contguous to the ste. Just off a major bus-route (Patton Ave.), and pedestran-frendly for both downtown and the Rver Arts Dstrct, 357 Hllard s many, many permtted uses make ths an deal spot to add to the productve growth of Ashevlle s downtown. SUMMARY BEST USES: MIXED-USE / RESIDENTIAL ACRES: AC LOT SHAPE: CORNER, IRREGULAR MUNICIPALITY: ASHEVILLE LOT SIZE: 130 x 200 x 135 x 173 COUNTY: BUNCOMBE ROAD FRONT: 337 ZONING: CBD TAXES (2016): $2,783 LOCATION: CENTRAL TRAFFIC COUNT: 12,000 TYPE: LAND DEED BOOK: 5141 WATER/SEWER: PUBLIC, CONTIGUOUS DEED PAGE: 1952 GAS: PUBLIC, CONTIGUOUS PIN #: ELECTRIC: PUBLIC, CONTIGUOUS Hunter Volvo The Orange Peel Ashevlle Area Chamber of Commerce Lenor-Rhyne Unversty, Ashevlle Campus YWCA of Ashevlle Appalachan Sustanable Agrculture Project Aston Park/Ashevlle Parks Mantenance Consoldated Electrcal Dstrbuton Mountan Housng Opportuntes Buncombe County Health & Human Servces Gral Movehouse Unted Way of Ashevlle & Buncombe County Federal Courthouse Ashevlle Ctzen Tmes The Rver Arts Dstrct Ashevlle, NC photo by James Harrson SOME NEIGHBORING ASHEVILLE / CBD BUSINESSES & ENTITIES Grove Arcade Battery Park Book Exchange Baslca of St. Lawrence Boy Scouts of Amerca Ashevlle Transt System Employment Securty Dvson Carolna Stoneworks The Grey Eagle Ferguson Plumbng YWCA of Ashevlle Self-Help Buldng Aloft Ashevlle Hotel Indgo Hyatt Place Haywood Park Hotel Grove Park Inn The Wndsor Hotel Crowne Plaza US Cellular Center Dana Wortham Theater Ashevlle Brewng Company H-Wre Brewng Ben s Tuneup Twn Leaf Brewng Funkatorum Catawba Brewng Buxton Hall Barbeque Bural Beer Ashevlle Art Museum Grovewood Gallery Blue Spral 1 Gallery A hub of busness, ndustry, entrepreneurshp, arts, crafts and food, Ashevlle, NC has long been referred to as Pars of The South. Tucked nto the Western North Carolna mountans, the Greater Ashevlle Metropoltan Statstcal Area represents over 420,000 people across four countes. Downtown Ashevlle has preserved much of ts archtecture, resultng n offce, retal and lfestyle experences that blend modern busness and lvng wth nods to hstory. Wth all the day and evenng amentes one could want wthn walkng dstance, downtown Ashevlle has grown and evolved wth the needs of ts ctzens. INFRASTRUCTURE, TRANSPORTATION & ACCESS Electrcal Servce Duke Energy Progress servce avalable Water/Sewer Servce Cty of Ashevlle and MSD servce avalable. Gas Servce PSNC servce at street. Interstate Access Approxmately 800 feet to on-ramps to: I-240 East, West; I-26 East, West. I-26 East connects to I-40 West on-ramp n approxmately 4.3 mles. I-240 East connects to I-40 East and West on-ramps at approxmately 5.1 mles. Clockwse from top left: Dagonal vew from Chcken Hll/south corner; Vew drvng south from Patton Avenue; Close-up of corner of the lot; Vew comng from the west on Hllard Avenue along the south edge of the property Austn Walker CCIM, SIOR awalker@whtneycre.com 357 Hllard Avenue, Ashevlle NC Whtney Commercal Real Estate Servces WhtneyCRE.com The Ashevlle Regon s Only Full-Servce Commercal Real Estate Frm

3 CONCEPTUAL IDEAS FOR MIXED-USE* These concepts show some of the potental for mxed-use retal or mult-famly lvng on ths sgnalzed ntersecton. *These drawngs are conceptual only, and do not represent what has been enttled on the property. Buyer shall obtan all enttlements pursuant to any local, natonal and ndustry ordnances for any potental project. 4 Austn Walker CCIM, SIOR awalker@whtneycre.com ON RAMP ON RAMPS HAYWOOD ST. PATTON AVENUE NUE 357 Downtown Ashevlle 357 Hllard Avenue, Ashevlle NC Aeral vew of 357 Hllard Avenue, at the ntersecton of Hllard & Clngman Avenues, and less than 1/3 mle to freeway on-ramps. S. FRENCH BROAD AVE. ASHLAND AVE. Grove Park Montford Fve Ponts Town Mtn CHARLOTTE ST Basllca of St. Lawrence Chamber of Commerce US Cellular Center 4C Pack Square Park BB & T Grove Arcade Crowne Plaza South Slope PATTON AVENUE French 357 Whtney Commercal Real Estate Servces WhtneyCRE.com The Ashevlle Regon s Only Full-Servce Commercal Real Estate Frm NUE Broad BILTMORE AVENUE Rver South French Broad Rver Arts Dstrct West Ashevlle Ideally located n the downtown Ashevlle central busness dstrct, 357 Hllard Avenue s n close proxmty to all amentes sutable for a mxed-use project.

4 The Greater Ashevlle MSA* and Regon CLINGMAN AVE Ths ste has the advantage of not only locaton, but also the plannng flexblty that comes wth occupyng a corner. CLINGMAN 130 AVE Austn Walker CCIM, SIOR awalker@whtneycre.com 357 Hllard Avenue, Ashevlle NC Lot lnes and measurements for 357 Hllard Avenue * The Ashevlle Metropoltan Statstcal Area s comprsed of four countes at the ntersecton of I-40 and I-26 n Western North Carolna MADISON Marshall Weavervlle Black Mountan BUNCOMBE HAYWOOD Ashevlle Waynesvlle ASHEVILLE REGIONAL AIRPORT HENDERSON Hendersonvlle Brevard Buncombe County: 250,000 Haywood County: 60,000 Henderson County: 110,000 Madson County: 21,000 TOTAL MSA Populaton: 441,000 Populaton, Housng and Wages Populaton Summary 2015 Total Populaton: 443,890 Projected 2019 Populaton: 468,146 Household Summary 2015 Households: 179, Average Household Sze: 2.28 Housng Unt Summary 2015 Housng Unts: 210,445 Owner Occuped Housng Unts: 57.3% Average Famly Income 2015: $73,638 Average Weekly Wages 2016, Q3: $862 Medan Home Value (2013) 2015: $209,800 Per Capta Income 2015: $44,077 Medan Age 2015: Employed Pop , Unemployment Rate 4.6% Mlls Rver Flat Rock Rental Informaton Medan Gross Rents 2015: US Medan: $959 NC Medan: $827 Ashevlle Medan: $777 Rental Vacancy Rates 2015: US: 5.85% North Carolna: 7.02% Ashevlle 5.49% Atlanta Knoxvlle Ashevlle pop. wthn 3-mles: 52,400 Ashevlle pop. wthn 5-mles: 98,400 Ashevlle pop. wthn 10-mles: 204,500 State 2 BDR Medan Ashevlle Waynesvlle Hendersonvlle Athens Greenvlle Whtney Commercal Real Estate Servces WhtneyCRE.com The Ashevlle Regon s Only Full-Servce Commercal Real Estate Frm Charlotte Columba 2010 Total Households: 214,000 Ashevlle housng, Owner: 67.6% Ashevlle housng, Renter: 32.4% Industry Establshments & Employment Sector Establshments Employment GOV T INDUSTRIES 13, ,543 Federal 81 5,469 State 70 8,868 Local ,878 PRIVATE INDUSTRIES 12, ,329 Goods-producng 2,088 47,946 Nat l resources/mnng 110 2,255 Constructon 1,405 12,780 Manufacturng ,911 SERVICE-PROVIDING 10, ,383 Trade, transportaton & utltes 2,664 56,978 Informaton 215 3,008 Fnancal actvtes 1,318 9,570 Professonal and Busness servces 2,529 30,114 Educaton and Health servces 1,491 56,991 Lesure & Hosptalty 1,401 44,405 Other servces 1,175 9,316 Sources: U.S. Census Bureau, ESRI, ProxmtyOne, Apartment Lst, Department of Numbers, Cty Data

5 PATTON AVE French Broad Rver NUE 4C Downtown Ashevlle 357 Hllard Ave DIRECTIONS ASHEVILLE REGIONAL AIRPORT HENDERSONVILLE From the East: I-240 to Ext (Patton Avenue). Frst lght (Volvo Dealershp on corner) turn rght on Clngman Avenue. Property s on your left at corner of Clngman and Hllard Avenues. From the West: I-240 to Ext 4C (Montford Ave). Left on Montford, Rght on Haywood Street. Cross Patton Ave ntersecton (Volvo Dealershp across ntersecton), automatcally becomes Clngman Avenue. Property s on your left at corner of Clngman and Hllard Avenues. FOR FURTHER INFORMATION, CONTACT: Austn Walker CCIM, SIOR awalker@whtneycre.com 0.66 Acres for Development 357 Hllard Avenue Ashevlle NC Austn Walker CCIM, SIOR awalker@whtneycre.com (828) WhtneyCRE.com Brokerage Property Management Constructon 1100 Rdgefeld Blvd, Sute 100, Ashevlle, North Carolna Hllard Avenue, Ashevlle NC Brokerage and Property Management Lcensed as Whtney Commercal Real Estate, LLC General Contractng Lcensed as Whtney Constructon & Development, Inc. Informaton contaned heren s beleved to be accurate but s not warranted as to accuracy and may change or be updated wthout notce. Seller or landlord makes no representaton as to the envronmental condton of the property and recommends Purchaser s or Tenant s personal nvestgaton.