Restaurant Space with
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For Sale
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48 College Street 1st Floor, Asheville, NC 28801
Separate floors accommodate restaurant and bar operations, with a lower-level prep kitchen and dry storage.
Property Size1,925 SF
Price / SF$1.42
Days on Market7
Property Features for 48 College Street 1st Floor
General Information
Standard status
Active
Size
1,925 SF
Property subtype
Food/Beverage
Amenities
Additional parcels description:, Parcel Number: 9649308574, Assessed Value: $2.022e+06, Zoning: CBD
Listing ID: CAR4433020, Standard Status: Active, MLS Status: Active, Property Subtype: Food/Beverage
Other Parking: Street, Garages
Storage Space
Built in 1925, Living area: 3130, 1 building
County/Parish: Buncombe
Road Responsibility: Publicly Maintained Road, Road Surface: Paved
Building Details
Building Size
1,925 SF
Year Built
1925
Stories
2
Listing Agency:
Whitney Commercial Real Estate
(828) 665-9085
Listed By:
Austin Walker · License #227527
(828) 713-0777
Source:
Blackstreaminternational
Added: Oct 8
Changed: Oct 13
Last Checked: Oct 12 at 7:16PM
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.
At 48 College Street, this 3,130-square-foot restaurant property spans two stories, with a restaurant on the first floor and a bar above. A lower level contains a walk-in, prep kitchen, and dry storage. The space is also offered in separate first- and second-floor configurations of 1,730 and 1,400 square feet, respectively.
The property is in downtown Asheville, steps from Pack Square. Rankin and Wall Street parking decks are across the street. Built in 1925, the building offers distinct dining, bar, kitchen, and storage areas within the overall restaurant layout.
The property is in downtown Asheville, steps from Pack Square. Rankin and Wall Street parking decks are across the street. Built in 1925, the building offers distinct dining, bar, kitchen, and storage areas within the overall restaurant layout.
Key Highlights
- 3,130‑square‑foot, two‑story restaurant and bar property
- First‑floor space: 1,730 square feet; second‑floor space: 1,400 square feet
- Lower‑level walk‑in, prep kitchen, and dry storage
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
5,310
Businesses Nearby
138k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 37%
Shops & Services 26%
Groceries 15%
Office Supplies 8%
Whole Foods Market
Groceries
20,347 visits/mo
0.4 miles
Shell
Shops & Services
20,324 visits/mo
0.3 miles
Staples
Office Supplies
11,125 visits/mo
0.4 miles
State Employees Credit Union
Shops & Services
9,288 visits/mo
0.4 miles
Cambria Hotel Downtown Asheville
Hotels & Casinos
8,998 visits/mo
0.1 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
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Separate floors accommodate restaurant and bar operations, with a lower-level prep kitchen and dry storage.
Where is this conventional restaurant located?
The property is located at 48 College Street 1st Floor Asheville, NC.
What are key features of this property?
This property features: 3,130‑square‑foot, two‑story restaurant and bar property; First‑floor space: 1,730 square feet; second‑floor space: 1,400 square feet; Lower‑level walk‑in, prep kitchen, and dry storage
