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Office Building with Basement
For Lease
$24 SF/Yr NNN

175 Patton Avenue, Asheville, NC 28801

Commercial Lease, Asheville, NC

Space SizeContact for details
Lot Size0.08 Acres
Days on Market171

Property Features for 175 Patton Avenue

General Information

Property type Commercial Lease
Property subtype Other
Zoning CBD
Zoning description CBD
Rooms Basement
Parking features Parking Lot
Basement Storage Space
Directions Head toward College St At the traffic circle, continue straight to stay on College St Continue onto Patton Ave Destination is on the right
Standard status Active
APN 9648-29-0998-00000
Lot size 0.08 Acres

Taxes and HOA fees

Tax Description DEED DATE: 2023-12-04 DEED: 6369-767 SUBDIV: BLOCK: LOT: SECTION: PLAT: 0000-0000
Legal Description DEED DATE: 2023-12-04 DEED: 6369-767 SUBDIV: BLOCK: LOT: SECTION: PLAT: 0000-0000

Building Details

Year built 1928
Listing Agency: Tessier Associates
Listed By: Stoner Giltz · License #4290430
Added: Apr 14 Changed: Aug 31 Last Checked: Oct 1 at 8:06AM
MLS# 4366220

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 office property at 175 Patton Avenue occupies a 0.08-acre site and was built in 1928. The building includes basement space and is being offered primarily as a whole, with potential availability for larger sections. Its prior use as the Echo Mountain Recording building adds a distinct creative-commercial history to the asset.

Located in downtown Asheville along Patton Avenue, the property sits within a commercially active corridor surrounded by restaurants, retail, galleries, and offices. Nearby parking options supplement the on-site parking lot. Lease terms are NNN, with tenants responsible for utilities, and the CBD zoning supports its placement within the downtown commercial setting.

Key Highlights

  • Office property at 175 Patton Avenue in Asheville, NC 28801
  • 0.08‑acre site with a 1928 building
  • Basement space included

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Locksmith Tanning Salon Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,641
Businesses Nearby

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
View Realmo Analytics

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - CBD-zoned commercial space in downtown Asheville with NNN lease terms and on-site parking lot access.
Where is this office building located?
The property is located at 175 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: Office property at 175 Patton Avenue in Asheville, NC 28801; 0.08‑acre site with a 1928 building; Basement space included
More about this property
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