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124 College St 24,000 SF Vacant Office Building Asheville, NC 28801 $4,900,000 ($204.17/SF)
Executive Summary
Formally Old Blanton School, the building’s infrastructure has been thoughtfully updated while preserving its historic charm. All four floors—each approximately 6,000 SF—are fully heated, cooled, and serviced by a complete sprinkler system, ensuring operational efficiency and compliance. A centrally located elevator provides access to all floors, supporting accessibility and multi-tenant use.
The main and lower level, formerly Room 9 Nightclub, is now vacant and offers a blank canvas for any vision.The second floor is currently leased to Sola Salon, providing stable, established income within the property. The top (third) floor is also vacant and brimming with possibilities from creative office/retail to residential space. The basement has been newly renovated, featuring freshly stained concrete floors, creating a clean, modern, and versatile space ideal for retail, studio, entertainment, or creative uses.
With large window lines, generous ceiling heights, and durable brick construction, the building offers adaptable floor plans well-suited for office, retail, hospitality, wellness, or redevelopment visions. Its historic build quality and modern mechanical systems create a rare blend of charm and functionality. Don't miss this opportunity in an unmatched location on the edge of Pack Square in the heart of Downtown Asheville.
Prime downtown Asheville location in the central business district along College Street, adjacent to Pack Square Park in the heart of Downtown Asheville.
Property Facts
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
- -
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$9.99
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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
- Build-Out
- Available
The first and third floors of 124 College Street are now available for lease, offering immediate income potential in a prime downtown Asheville location. The first floor, formerly known as Club Room 9, the space is fully heated and cooled and equipped with a sprinkler system. It also includes restrooms, providing a turn-key opportunity for a variety of uses. Ideally situated next to Twisted Laurel and Miyako House, the property benefits from strong neighboring businesses and steady foot traffic. With convenient access from both College Street and Lawyers Walk, the layout has potential professional use-such as an attorney's office or other office users seeking flexible space, with the added advantage of basement storage. Ownership is also open to selling the entire building.
The first and third floors of 124 College Street are now available for lease, offering immediate income potential in a prime downtown Asheville location. The third floor is vacant office space that could be repurposed for creative loft, retail use, or professional office. Ideally situated next to Twisted Laurel and Miyako House, the property benefits from strong neighboring businesses and steady foot traffic. With convenient access from both College Street and Lawyers Walk, the layout has potential professional use-such as an attorney's office or other office users seeking flexible space, with the added advantage of basement storage. Ownership is also open to selling the entire building.
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 10,136 SF | Office/Retail | - | Now |
| 3rd Floor | 6,000 SF | Office | - | Now |
1st Floor
| Size |
| 10,136 SF |
| Space Use |
| Office/Retail |
| Build-Out |
| - |
| Available |
| Now |
3rd Floor
| Size |
| 6,000 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1st Floor
| Size | 10,136 SF |
| Space Use | Office/Retail |
| Build-Out | - |
| Available | Now |
The first and third floors of 124 College Street are now available for lease, offering immediate income potential in a prime downtown Asheville location. The first floor, formerly known as Club Room 9, the space is fully heated and cooled and equipped with a sprinkler system. It also includes restrooms, providing a turn-key opportunity for a variety of uses. Ideally situated next to Twisted Laurel and Miyako House, the property benefits from strong neighboring businesses and steady foot traffic. With convenient access from both College Street and Lawyers Walk, the layout has potential professional use-such as an attorney's office or other office users seeking flexible space, with the added advantage of basement storage. Ownership is also open to selling the entire building.
3rd Floor
| Size | 6,000 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
The first and third floors of 124 College Street are now available for lease, offering immediate income potential in a prime downtown Asheville location. The third floor is vacant office space that could be repurposed for creative loft, retail use, or professional office. Ideally situated next to Twisted Laurel and Miyako House, the property benefits from strong neighboring businesses and steady foot traffic. With convenient access from both College Street and Lawyers Walk, the layout has potential professional use-such as an attorney's office or other office users seeking flexible space, with the added advantage of basement storage. Ownership is also open to selling the entire building.
Property Taxes
| Parcel Number | 9649-40-7763-00000 | Improvements Assessment | $2,922,400 |
| Land Assessment | $852,600 | Total Assessment | $3,775,000 |
Property Taxes
Contact the Sale Advisor
124 College St