Restaurant Space with
For Lease
$28.25 SF/Yr NNN
2nd-floor-48 College Street, Asheville, NC 28801
Restaurant and bar suites include lower-level kitchen, walk-in, and dry storage areas.
Space Size3,130 SF
Days on Market23
Property Features for 2nd-floor-48 College Street
General Information
Standard status
Active
Size
3,130 SF
Net Rentable
3,130 SF
Lease Type
NNN
Space & Availability
Available Space
3,130 SF
Contiguous Space
3,130 SF
Divisible
Yes
Floor
1 + 2 + Lower Level
Lease Terms
Lease Rate
$28.25 /SF/YR
Monthly Rent
$7,368
Rent per SF/Year
$28.25
Restaurant
Equipment Included
Yes
Second-Generation Restaurant
Yes
Walk-In Cooler/Freezer
Yes
Building Details
Stories
2
Listing Agency:
Whitney Commercial Real Estate
(828) 665-9085
Listed By:
Austin Walker · License #227527
(828) 713-0777
Source:
Exprealty
Added: Oct 8
Changed: Oct 28
Last Checked: Oct 28 at 3:07PM
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 Whitney Commercial Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The two-story restaurant property is available as a 3,130 SF space or in separate first- and second-floor suites. The 1,730 SF first floor is configured for restaurant use, while the 1,400 SF second floor is arranged as a bar. Both offerings include access to a lower-level walk-in, prep kitchen, and dry storage areas. The space is offered on an NNN basis.
At 48 College Street in downtown Asheville, the property is steps from historic Pack Square. Rankin and Wall Street parking decks are across the street.
At 48 College Street in downtown Asheville, the property is steps from historic Pack Square. Rankin and Wall Street parking decks are across the street.
Key Highlights
- Available as a 3,130 SF full space or separate 1,730 SF and 1,400 SF floor suites
- First floor configured for restaurant use; second floor arranged as a bar
- Lower‑level walk‑in, prep kitchen, and dry storage areas
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
339
Businesses Nearby
36k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Leisure 48%
Shops & Services 47%
Home Improvements & Furnishings 4%
AMC River Hills 10
Leisure
17,299 visits/mo
0.5 miles
Citgo
Shops & Services
15,089 visits/mo
0.4 miles
Ferguson
Home Improvements & Furnishings
1,446 visits/mo
0.4 miles
SmartStop Self Storage
Shops & Services
1,010 visits/mo
0.4 miles
Prime Storage
Shops & Services
836 visits/mo
0.5 miles
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
$21.66 /SF/Yr
Avg Asking Price
$9.26–$35 /SF/Yr
Price Range
4,657 SF
Avg Space Size
This space is priced 30% above the average of $21.66 /SF/Yr.
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant and bar suites include lower-level kitchen, walk-in, and dry storage areas.
Where is this conventional restaurant located?
The property is located at 2nd-floor-48 College Street Asheville, NC.
What is the lease rate?
The lease rate is $28.25 SF/Yr.
What are key features of this property?
This property features: Available as a 3,130 SF full space or separate 1,730 SF and 1,400 SF floor suites; First floor configured for restaurant use; second floor arranged as a bar; Lower‑level walk‑in, prep kitchen, and dry storage areas
