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HIGHLIGHTS
- Modernized exterior and refreshed interior finishes positioned to support a range of retail, studio, gallery, office, or flex concepts.
- Prime South Slope location surrounded by breweries, restaurants, boutiques, and high-growth residential density.
- Central downtown positioning with strong nearby household incomes and favorable demographics supporting a wide customer base.
- Convenient on-site parking with direct access off Biltmore Avenue improving customer visibility and accessibility.
- Open floor plans in both buildings providing adaptable layouts for experiential retail or creative office users.
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 257 | 2,250 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $56,250 /YR $4,688 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste Street Level | 1,800 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $45,000 /YR $3,750 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste Upper Level | 1,800 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $45,000 /YR $3,750 /MO | Triple Net (NNN) |
1st Floor, Ste 257
Former production brewhouse with infrastructure including floor drains, ventilation, 3-phase power, 2 loading docks (8x7 and 8x13), and 1 ADA restroom
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 5,850 SF of adjacent space
1st Floor, Ste Street Level
Former bar/taproom with infrastructure including floor drain, hardwood floors, exposed beam ceilings, plenty of natural light, and 2 ADA restrooms
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Drinking Establishment
- Located in-line with other retail
- Can be combined with additional space(s) for up to 5,850 SF of adjacent space
1st Floor, Ste Upper Level
Renovated warm shell with new windows and rear office/storage room. 11 foot ceiling height, 2 entrances, and 1 ADA restroom
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 5,850 SF of adjacent space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 5,850 SF | Gross Leasable Area | 5,850 SF |
| Property Type | Retail | Year Built | 1963 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 3.42/1,000 SF |
| Total Space Available | 5,850 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 5,850 SF |
| Year Built | 1963 |
| Parking Ratio | 3.42/1,000 SF |
ABOUT THE PROPERTY
Downtown Asheville space available for lease. Suitable for a variety of uses including studio, retail, gallery, office or flex/warehouse. This is a prime retail or office opportunity in Asheville’s growing South Slope. This offering includes two buildings totaling up to 5,850 SF, with suites ranging from 1,800 SF to 3,600 SF. Each space features an open floor plan with a modernized exterior and tasteful interior finishes designed to complement any business concept.
NEARBY MAJOR RETAILERS
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255-257 Short Coxe Ave
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