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Office Suite with Exposed Brick
For Lease
$22 SF/Yr

402-18 S Pack Sq, Asheville, NC 28801

Full-service leasing covers utilities, janitorial service, maintenance, and property management.

Space SizeContact for details
Days on Market11

Property Features for 402-18 S Pack Sq

General Information

Standard status Active
Lease Type Full Service

Space & Availability

Space Use Office
Condition Turnkey
Available From Immediate

Amenities

incredible views
abundant natural light
on-site private parking garage

Building Details

Construction Renaissance Palazzo
Listing Agency: Whitney Commercial Real Estate
Listed By: Austin Walker · License #227527
Source: Exprealty
Added: Sep 21 Changed: Sep 29 Last Checked: Sep 30 at 1:30PM

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

Investment Insights

Based on property information with market context.

Office Suite 402 in the Commerce Building features exposed brick and windows facing a rear courtyard. The property was designed by Richard Sharp Smith in the Renaissance Palazzo style and originally served as the Central Bank and Trust Company. Recent work across the building group includes refreshed office and common-area paint and carpeting, updated restrooms, and lobby improvements.

The building sits on Jackson Row in downtown Asheville, at Pack Square, with restaurants, coffee shops, and retail nearby. An on-site private parking garage serves the property. The full-service lease structure includes utilities, janitorial service, repairs and maintenance, and property management.

Key Highlights

  • Suite 402 has exposed brick walls and windows overlooking a rear courtyard
  • On‑site private parking garage
  • Full‑service lease covers utilities, janitorial service, repairs and maintenance, and property management

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility 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

NNN (Triple Net)
Lease Type
$3.30 /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

$23.06 /SF/Yr
Avg Asking Price
$16–$35 /SF/Yr
Price Range
4,352 SF
Avg Space Size

This space is priced 5% below the average of $23.06 /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 units - Full-service leasing covers utilities, janitorial service, maintenance, and property management.
Where is this office units located?
The property is located at 402-18 S Pack Sq Asheville, NC.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Suite 402 has exposed brick walls and windows overlooking a rear courtyard; On‑site private parking garage; Full‑service lease covers utilities, janitorial service, repairs and maintenance, and property management
More about this property
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