Two-Story CBD Office
For Lease
$24 SF/Yr NNN
168 Patton Avenue, Asheville, NC 28801
Commercial Lease, Asheville, NC
Space SizeContact for details
Lot Size0.02 Acres
Days on Market500
Property Features for 168 Patton Avenue
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning
CBD
Zoning description
CBD
Parking
40
Parking features
Parking Lot
Lot features
Corner Lot
View
City
Standard status
Active
APN
964829188400000
Lot size
0.02 Acres
Taxes and HOA fees
Tax Description
964829188400000
Legal Description
964829188400000
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1971
Building materials
Brick Partial, Block
Listing Agency:
Tessier Associates
(828) 254-9842
Listed By:
Stoner Giltz · License #4290430
(828) 338-9240
Added: May 20, 2025
Changed: Aug 31
Last Checked: Oct 1 at 8:06AM
MLS# 4260684
Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-story office property provides a combination of open-plan space and individual offices within a brick-and-block building constructed in 1971. Central heating and central air conditioning support the interior, while a parking lot serves the property. The building is positioned on a lighted corner near the gateway to downtown Asheville and directly beside the Federal Building. Its CBD zoning and existing office configuration support professional office use, including the law-office setting identified for the property. The site encompasses 0.02 acres and includes public sewer service and cable availability. The lease structure is NNN, and property tours require 24-hour advance notice.
Key Highlights
- Two‑story office building with open‑plan and individual office areas
- CBD zoning supports central business district office use
- Directly adjacent to the Federal Building
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
4,641
Businesses Nearby
Explore this area
Business Placement
Demographics for 28801, NC
15,148
Population
8,490
Households
1.8
Avg Household Size
39
Median Age
53%
College-Educated
93%
High-School Grad
5.1 sq mi
ZIP Area
2,970
Density / Sq Mi
$51,125
Median Household Income
$38,829
Median Earnings
$1,130
Median Rent
$481,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Asheville, NC
$21.5 /SF/Yr
Avg Asking Price
$18–$24 /SF/Yr
Price Range
7,001 SF
Avg Space Size
This space is priced 12% above the average of $21.5 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - CBD-zoned property offers open-plan space alongside individual office layouts.
Where is this office building located?
The property is located at 168 Patton Avenue Asheville, NC.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Two‑story office building with open‑plan and individual office areas; CBD zoning supports central business district office use; Directly adjacent to the Federal Building
