Downtown Commercial

MLS Number CAR4215209

• Commercial
• Property SubType OFFICE
• Square Feet 25,215
• Acreage 0.78

This downtown Asheville space consists of 6 parcels including the Former Bank Building at 11 Church St. This is a 3 level bank including a 1st Floor that is 8,725/sf, a 2nd Floor that is 8,725/sf and basement space that is 7,765/sf for a total of 25,215/sf building. With all 6 parcels, there is 0.78/ac directly in downtown Asheville. There are some parcels that are strictly parking lots, one is a walkway, but all are included in this sale. Call the broker for parcel options, which are available for consideration. There is a drive-thru at the main location.

Listed by Rusty Pulliam of Pulliam Properties,Inc

MLS Number CAR3849830

• Commercial
• Property SubType OFFICE
• Square Feet 52,505
• Acreage 0.52

Downtown Asheville, NC Redevelopment Opportunity. 11 N. Market St has been home to the Van Winkle Law Firm since 1987 following a certified historic tax credit rehabilitation. It was constructed as the Western Carolina Automobile Company by John Lange, who also developed the Langren Hotel in downtown Asheville and the Glen Rock Hotel in the River Arts District. Due to the scarcity of comparable downtown Asheville parcels available at any given point in time, there is a generational opportunity to redevelop this office building with a long, rich history along with two ideally located corner parcels. 3 parcels. 52,505 sf building to redevelop, 2 additional parcels each 0.14 acres. Located in small hotel overlay district

Listed by Jeremy Goldstein and John Menkes of G/M Property Group

MLS Number CAR4215560

• Commercial
• Property SubType RETAIL
• Square Feet 22,615
• Acreage 0.16

The historic Miles Building, constructed in 1903 and once home to the Asheville Men's Club, offers a unique and storied past (though not on the National Register, facilitating easier redevelopment). Located at the signalized corner of Haywood and College Streets, this prime property boasts frontage on four major downtown streets, with a generous 260 feet of ground-floor street frontage. The building's three stories feature sophisticated office spaces on the second and third floors, while the ground floor is home to lively retail establishments. The stunning Art Deco design and architectural details have been impeccably preserved. Situated within the CBD zoning district and designated as part of the "Small Hotel Overlay," this property presents tremendous income potential with below market rents, and exciting redevelopment opportunities. Asheville, a top international travel destination attracting 20 million visitors annually, draws affluent tourists seeking luxury experiences.

Listed by Jason Burk of Whitney Commercial Real Estate

MLS Number CAR4208298

• Commercial
• Property SubType SPECIAL PURPOSE
• Square Feet 11,885
• Acreage 0.07

Historic character and modern luxury in Downtown Asheville. Located steps from Pack Square Park, this 11,885 SF mixed-use property underwent an 2023 renovation, earning a Griffin Award. Exposed brick and 1917 finishes define the facade, inviting patrons to enjoy the 3,000-SF restaurant on the main floor; or the 3,000-SF lower level bar-both 100% leased. A private entrance leads to 5,040 total SF of upper-floor suites, including two beautifully appointed 2BD/2BA apartments on the second floor; and a 3BD/3.5BA top level penthouse. Each offers spacious layouts and gorgeous city views. The penthouse features 25' ceilings, and a staircase that leads to a mezzanine with the only private rooftop overlooking Pack Square Park, where mountain views blend with art-deco structures. Suites and penthouse are offered fully furnished. With unbeatable location, award-winning design, and impeccable updates, 122 College Street is a must-see. SEE BROCHURE FOR MORE DETAILS.

Listed by James Harrison of Whitney Commercial Real Estate

MLS Number CAR4162655

• Commercial
• Property SubType HOTEL/MOTEL
• Square Feet 10,690
• Acreage 1.08

Excellent rare opportunity to purchase over an acre in Downtown Asheville. The property is in the Central Business District and also within the Hotel Overlay District. Just a few blocks from the Asheville Civic Center (Harrah's Cherokee); plus very near to I-240 with an approx. 85,000 daily traffic count. Property has long range mountain views. Two story building (10,600 sqft) currently used as Asheville Elks Lodge. Buyer is responsible for verifying current city zoning and development ordinances.

Listed by Rick Tisdale of Allen Tate/Beverly-Hanks Asheville-Downtown

MLS Number CAR4177223

• Commercial
• Property SubType RETAIL
• Square Feet 9,792
• Acreage 0.08

Prime investment opportunity w/ the meticulously updated 1910 historic Leader Building. In the heart of vibrant downtown Asheville, this iconic property combines historical significance w/ mixed-use commercial appeal. Every detail has been thoughtfully updated, from the beautifully preserved architectural elements to the energy efficient systems throughout the building. The main & lower levels are occupied by well-established tenants with a long-term lease. The upper level features a spacious and elegant 3,741 SF 3 bedroom, 3.5 bath apartment. Designed with expansive living areas with high ceilings, abundant natural light, a mountain view, and high-end kitchen, this residence provides a perfect blend of character & modern comfort, plus plenty of storage room. This property presents a rare opportunity to own a piece of Asheville’s history while benefiting with an income stream. Financials available for review upon request. See attachment for additional feature descriptions.

Listed by Burns Aldridge of Hurley & Associates Real Estate

MLS Number CAR4190063

• Commercial
• Property SubType FOOD/BEVERAGE
• Square Feet 6,617
• Acreage 0.07

3-story building in downtown Asheville. Former Mayfel's restaurant is now available. This includes the restaurant, basement for storage, sidewalk dining area, rear outside dining area, and 1581/sf of upstairs office space with 2 separate entrances. Mayfel's is a classic long standing restaurant in the heart of downtown Asheville. It includes 2518/sf including 840/sf Basement and 1678/sf on the 1st floor, with a 2nd floor office suite available is 1581/sf previously a real estate office. The front covered patio measures 50x10. The rear courtyard seats another 20, with an outdoor bar as well. All restaurant equipment conveys to the Tenant with a rider that all equipment conveys back to the landlord at the end of the term. Restaurant was renovated in 2022. New HVAC units installed in July of 2024 by the landlord. Space is ideal for a chef driven restaurant, casual restaurant/bar, commissary kitchen or event space.

Listed by Curtis Williams of Pulliam Properties,Inc

MLS Number CAR4139191

• Commercial
• Property SubType OFFICE
• Square Feet 13,400
• Acreage 0.11

Stunning, 3-level concrete & steel, ~13,400 SF mixed-use building with two sidewalk level access points located in the fabulously vibrant, highly walkable Grove Arcade downtown district among Asheville's finest hotels, eateries and craft retailers! This multi, or easily convertible single use property gem, is located immediately across the street from the historic Grove Arcade, Cambria hotel, public parking garage & ~200' walk to the Federal building! Tenant mix includes: 2 retailers on Battery Park, 1 retailer on Wall Street, 1 - 2nd floor luxury apartment w/ steel balcony overlooking Wall St and one 3rd floor conjoined, compartmentalized live/work unit! See today!

Listed by Mark Morris of NAI Allen Tate Beverly-Hanks Commercial

MLS Number CAR4235765

• Commercial
• Property SubType RETAIL
• Square Feet 5,968
• Acreage 0.05

Incredible location in the heart of vibrant, downtown Asheville! This 5,968 SF property has flexible CBD zoning and runs the full block between Broadway St and Carolina Lane. 20 FT of road frontage on Broadway St and 9,000 VPD. Street level retail space for owner-user or prime investment property. Current ceilings are nearly 9' on the first floor with room between floors to go much higher. Upper level could serve a variety of purposes - large open space with high ceilings, newer floor-to-ceiling windows, and historic details like exposed brick walls, original pressed tin ceilings, and original wood floors. A full unfinished basement, perfect for storage or renovation for alternate use. Property is listed on the National Register of Historic Places, priced competitively, unrestricted with leases, and ready for your creative vision!

Listed by Abigail Farrow of Likewise Commercial Real Estate

MLS Number CAR4166329

• Commercial
• Property SubType OFFICE
• Square Feet 6,564

Passive investment opportunity in downtown Asheville! This fully-leased condo portfolio is located in the heart of the thriving South Slope, and boasts abundant parking, secure and zero grade entry, and strong monument sign visibility on Asheland Avenue and Grove Street. Attractive long-term leases include the State of NC (Mountain Area Workforce Development Board), and the non-profit Buncombe County Partnership for Children. Condos 102A, 104, and 105 are offered together at a 7.78% capitalization rate on blended and stabilized net rent. Contact List Agents for additional information about this clean investment sale opportunity! Suites 104/105 Virtual Tour: https://youriguide.com/suite_105_53_asheland_ave_asheville_nc/ Suite 102A Virtual Tour: https://youriguide.com/suite_102a_53_asheland_ave_asheville_nc/ Associated PINs: 9648297342C002A, 9648297342C0104, 9648297342C0105

Listed by Chris Gragtmans and Scott Mirkin of Keller Williams Professionals

MLS Number CAR4242585

• Commercial
• Property SubType FOOD/BEVERAGE
• Square Feet 3,225
• Acreage 0.04

Welcome to a well-established location in Asheville's vibrant downtown district! Inside the building, bars and restaurant areas have a stylish layout complementing Asheville's local culture, steps away from nearby shops and live music venues. The space comes with necessary fixtures and equipment for bar and restaurant operations, making it a turn-key option for new owners. There are 2 Parklets outside of the property on 116 N. Lexington Street that will allow for outdoor dining. There are two entrances to the building, one on Broadway Street and on N. Lexington Street. 116 N. Lexington is the primary access to the building for both downstairs and upstairs venues. Broadway Street entrance only accesses the upstairs Bar and Restaurant. The paid parking lot across the street on N. Lexington Street plus street parking on the block provide ample access to the building. There is a tenant with a lease until June 30th, 2028.

Listed by Joe Butzer and Monica Rousseau of Realty ONE Group Pivot Hendersonville

MLS Number CAR4136384

• Commercial
• Square Feet 999
• Acreage 0.27

CBD in NW side of Downtown. . This vacant commercial lot is located in the heart of downtown Asheville, NC. With a prime location at 28801, this lot offers endless possibilities for any business looking to establish a presence in this vibrant and growing community or residential development opportunities. The lot is surrounded by a variety of shops, restaurants, and other local businesses, making it an ideal spot for a new Residential development opportunities. Whether you're looking to open a retail store, a restaurant, or any other type of commercial endeavor this lot is a prime location, with easy access to major roads and public transportation, this lot is easily accessible to customers and employees alike. Don't miss this opportunity to be a part of the thriving downtown Asheville community! Property is also available for long term lease .

Listed by Karen Gleason of Keller Williams Professionals