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Retail Space with Basement Storage
For Lease
$16 SF/Yr

124 College Street, Asheville, NC 28801

Lease opportunity spanning the first and third floors with climate control, restrooms, and sprinkler protection.

Space Size6,000 SF - 10,136 SF
Days on Market21

Property Features for 124 College Street

General Information

Standard status Active
Size 6,000 SF - 10,136 SF
Property subtype Retail
Lease Term NNN

Space & Availability

Floor 1 & 3
Space Use Office
Available From Immediate

Additional Details

Sprinkler System Yes

Amenities

Full Heated and Cooled
Restrooms
Storage in Basement

Building Details

Building Size 10,136 SF
Year Built 1912

Spaces For Lease

at 124 College Street Contact us

Entire 1st Floor - Unit 100 $16/SF/Yr

Size
10,136 SF
Type
Street Retail
Term
Negotiable
Contact us

Entire 3rd Floor - Unit 300 $16/SF/Yr

Size
6,000 SF
Type
Creative/Loft
Term
Negotiable
Contact us
Listing Agency: Dewey Property Advisors
Listed By: Jay Lurie · License #NC #192865
Source: Deweypa
Added: Aug 9 Changed: Aug 29 Last Checked: Aug 29 at 5:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dewey Property Advisors

Investment Insights

Based on property information with market context.

Units 100 and 300 at 124 College Street offer lease availability across the building’s first and third floors. The space is fully heated and cooled, with restrooms and a sprinkler system in place. Basement storage provides additional functional area for retail or office occupancy.

Constructed in 1912, the property is located in downtown Asheville, North Carolina, at 124 College Street. The available spaces combine separated floor locations with existing building infrastructure suited to commercial use.

Key Highlights

  • Units 100 and 300 available across the first and third floors
  • Full heating and cooling in place
  • Sprinkler system installed

Property Analytics

Current Use

Room Nine Nightclub The Color Lab Hair Salon Cutting Edge Hair ... Hair Salon Holiday Grooms Hair Salon Erin Johnston - Cutting ... Hair Salon

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Butcher Locksmith Tanning Salon HVAC Service

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
Sprinkler system
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,196
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

Market

Lease Benchmarks for Asheville, NC

$25.82 /SF/Yr
Avg Asking Price
$18–$38 /SF/Yr
Price Range
7,619 SF
Avg Space Size

This space is priced 38% below the average of $25.82 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Lease opportunity spanning the first and third floors with climate control, restrooms, and sprinkler protection.
Where is this retail space located?
The property is located at 124 College Street Asheville, NC.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Units 100 and 300 available across the first and third floors; Full heating and cooling in place; Sprinkler system installed
More about this property
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