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124 College St 24,000 SF 75% Leased Office Building Asheville, NC 28801 $4,900,000 ($204.17/SF)
Executive Summary
Old school brickhouse at 124 College St downtown Asheville, formally Old Blanton School has approximately 24,000 Sq ft under roof. All four levels are approximately 6000 Sq ft. All four levels are heated and cooled with the sprinkler system. The main and lower level, formerly Room 9 Nightclub, is now vacant and offers a blank canvas for any vision. The second floor is leased to Sola Salon, generating stable revenue. The top (third) floor is also vacant and brimming with possibilities for creative or business opportunities. Third floor has potential for residential development.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
24,000 SF
Building Class
C
Year Built/Renovated
1912/1965
Price
$4,900,000
Price Per SF
$204.17
Percent Leased
75%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
6,000 SF
Building FAR
3.94
Lot Size
0.14 AC
Zoning
CBD - Central Business District
Amenities
- Security System
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Julieta Fumberg Studio LLC
- Retailer
- -
-
$9.99
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Julieta Fumberg Studio LLC | Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Public Remarks The top floor of 124 College Street is now available for lease, offering immediate income potential in a prime downtown Asheville location. This well-positioned asset sits steps from Pack Square and features elevator access, abundant natural light, and strong visibility. In addition to leasing the top floor, ownership is open to selling the entire building ( See ML #4319033), presenting a rare opportunity to acquire a stabilized, income-producing property in the heart of Asheville’s thriving central business district.
| Space | Size | Space Use | Condition | Available |
| 3rd Floor | 6,000 SF | Office | - | Now |
3rd Floor
| Size |
| 6,000 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
3rd Floor
| Size | 6,000 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
Public Remarks The top floor of 124 College Street is now available for lease, offering immediate income potential in a prime downtown Asheville location. This well-positioned asset sits steps from Pack Square and features elevator access, abundant natural light, and strong visibility. In addition to leasing the top floor, ownership is open to selling the entire building ( See ML #4319033), presenting a rare opportunity to acquire a stabilized, income-producing property in the heart of Asheville’s thriving central business district.
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Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (76)
Property Taxes
| Parcel Number | 9649-40-7763-00000 | Improvements Assessment | $2,922,400 |
| Land Assessment | $852,600 | Total Assessment | $3,775,000 |
Property Taxes
Parcel Number
9649-40-7763-00000
Land Assessment
$852,600
Improvements Assessment
$2,922,400
Total Assessment
$3,775,000
1 of 55
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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124 College St
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