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Investment Highlights

  • Prime location on a high-traffic downtown Asheville retail street in the historic Jenkins Building
  • High quality interior finishes throughout
  • Two dedicated interior parking spaces with rear alley roll-up access
  • Excellent visibility, abundant natural light, and flexible, well designed layout
  • Includes 1,234 SF lower-level storage space
  • Available for owner-user or tenant starting January 6, 2027

Executive Summary

This one checks all the boxes. Positioned on one of downtown Asheville’s busiest retail streets in the historic Jenkins Building, this retail/office condo has great visibility, natural light, a thoughtful, flexible layout, high quality finishes, and parking. Generous storage (1,234 SF storage room on lower level) and two dedicated interior parking spaces (accessed via a roll-up garage door from the rear alley) make this condo a practical choice for an array of businesses. This premier location benefits from consistent pedestrian traffic and year-round tourism, benefiting from hospitality neighbors including The Windsor Boutique Hotel, Kimpton Hotel Arras, and AC Hotel Asheville Downtown. Space available for owner occupant or new tenant from January 6, 2027. 24-hour notice required for all showings. Listing Agent accompany only. Please do not disturb the tenant. Current lease expires 01/05/27.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 120
  • 3,870 SF
  • Retail
  • $975,000 ($251.94/SF)
  • -
Sale Type Investment or Owner User
No. Parking Spaces 2
APN/Parcel ID 9649403827C0120, 9649403827C00B2, 9649403827C00G4
Description
This one checks all the boxes. Positioned on one of downtown Asheville’s busiest retail streets in the historic Jenkins Building, this retail/office condo has great visibility, natural light, a thoughtful, flexible layout, high quality finishes, and parking. Generous storage (1,234 SF storage room on lower level) and two dedicated interior parking spaces (accessed via a roll-up garage door from the rear alley) make this condo a practical choice for an array of businesses. This premier location benefits from consistent pedestrian traffic and year-round tourism, benefiting from hospitality neighbors including The Windsor Boutique Hotel, Kimpton Hotel Arras, and AC Hotel Asheville Downtown. Space available for owner occupant or new tenant from January 6, 2027.
Sale Notes
This one checks all the boxes. Positioned on one of downtown Asheville’s busiest retail streets in the historic Jenkins Building, this retail/office condo has great visibility, natural light, a thoughtful, flexible layout, high quality finishes, and parking. Generous storage (1,234 SF storage room on lower level) and two dedicated interior parking spaces (accessed via a roll-up garage door from the rear alley) make this condo a practical choice for an array of businesses. This premier location benefits from consistent pedestrian traffic and year-round tourism, benefiting from hospitality neighbors including The Windsor Boutique Hotel, Kimpton Hotel Arras, and AC Hotel Asheville Downtown. Space available for owner occupant or new tenant from January 6, 2027.
Unit Unit Size Condo Use Price NOI
Unit 120 3,870 SF Retail $975,000 ($251.94/SF) -

Unit 120

Unit Size
3,870 SF
Condo Use
Retail
Price
$975,000 ($251.94/SF)
NOI
-

Unit 120

Unit Size 3,870 SF
Condo Use Retail
Price $975,000 ($251.94/SF)
NOI -
Sale Type Investment or Owner User
No. Parking Spaces 2
APN/Parcel ID 9649403827C0120, 9649403827C00B2, 9649403827C00G4
Description
This one checks all the boxes. Positioned on one of downtown Asheville’s busiest retail streets in the historic Jenkins Building, this retail/office condo has great visibility, natural light, a thoughtful, flexible layout, high quality finishes, and parking. Generous storage (1,234 SF storage room on lower level) and two dedicated interior parking spaces (accessed via a roll-up garage door from the rear alley) make this condo a practical choice for an array of businesses. This premier location benefits from consistent pedestrian traffic and year-round tourism, benefiting from hospitality neighbors including The Windsor Boutique Hotel, Kimpton Hotel Arras, and AC Hotel Asheville Downtown. Space available for owner occupant or new tenant from January 6, 2027.</li></ul>
Sale Notes
This one checks all the boxes. Positioned on one of downtown Asheville’s busiest retail streets in the historic Jenkins Building, this retail/office condo has great visibility, natural light, a thoughtful, flexible layout, high quality finishes, and parking. Generous storage (1,234 SF storage room on lower level) and two dedicated interior parking spaces (accessed via a roll-up garage door from the rear alley) make this condo a practical choice for an array of businesses. This premier location benefits from consistent pedestrian traffic and year-round tourism, benefiting from hospitality neighbors including The Windsor Boutique Hotel, Kimpton Hotel Arras, and AC Hotel Asheville Downtown. Space available for owner occupant or new tenant from January 6, 2027.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 17,321 SF
Property Type Retail (Condo)
Property Subtype
Storefront Retail/Residential
  • General Retail Storefront
  • OfficeLoft Creative Space
Building Class B
Floors 3
Typical Floor Size 5,773 SF
Year Built 1912
Lot Size 0.11 AC
Zoning CBD

Amenities

  • 24 Hour Access
  • Signage
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
Very walkable
80/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100

Nearby Major Retailers

Bank of America
TD Bank
First Bank NC
Five Guys
iLoveKickboxing
Trader Joe's
Harris Teeter
First Citizens Bank
Starbucks
Club Pilates
  • Listing ID: 40322236

  • Date on Market: 4/28/2026

  • Last Updated:

  • Address: 32 Broadway St, Asheville, NC 28801

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