Building Details

Year Built 1928

Listing Agency: Asheville Realty Group

Listed By: Paula Cooper Show Phone

Source: Highperformancerea

Added: Apr 11 Changed: Sep 3 Last Checked: Sep 7 at 12:36PM

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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 Asheville Realty Group

Investment Insights

Based on property information with market context.

Located in the central business district of downtown Asheville, this commercial space is situated at the corner of College and Lexington, above Tops for Shoes. The property is suitable for either office or retail use.

Key Highlights

• Downtown central business district location
• Corner lot (College and Lexington)
• Above Tops for Shoes

Property Analytics

Property Profile

Current Use

Bizamajig LLC (Bike/Boat/Book/etc) Store Holman Law, PLLC Law Firm Gifted and Growing, Gordon ... Counselor Mountain High Media Marketing & Advertising Osada Construction Construction Company

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

5,310

Businesses Nearby

Explore this area Business Placement

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

$22.84 /SF/Yr

Avg Asking Price

$16–$54.17 /SF/Yr

Price Range

3,710 SF

Avg Space Size

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office units located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Located in downtown Asheville, ideal for office or retail.

Where is this office units located?

The property is located at 56 College St Unit 303 Asheville, NC.

What is the lease rate?

The lease rate is $1,865/Mo.

What are key features of this property?

This property features: Downtown central business district location; Corner lot (College and Lexington); Above Tops for Shoes