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Student Housing with Retail Parking
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850 Blowing Rock Road, Boone, NC 28607

200-unit, 560-bed student housing complex with two retail spaces available and 62 parking spaces dedicated to retailers.

Property Size12,908 SF
Days on Market50

Property Features for 850 Blowing Rock Road

General Information

Standard status Active
Size 12,908 SF
Total Parking Spaces 62
Property subtype Retail/Office
Lease Term NNN

Additional Details

Multifamily Units 200

Building Details

Building Size 12,908 SF
Year Built 2016

Properties For Sale

at 850 Blowing Rock Road Contact us

Standard at Boone - Space B

Size
2,411 SF
Type
Mixed-Use Retail
Term
Negotiable
Contact us

Standard at Boone - Space C

Size
5,761 SF
Type
Mixed-Use Retail
Term
Negotiable
Contact us
Listing Agency: Appalachian Commercial Real Estate
Listed By: James Milner, CCIM · License #255106
Source: Appalachiancre
Added: Jun 24 Changed: Aug 8 Last Checked: Aug 12 at 3:47AM

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 Appalachian Commercial Real Estate

Investment Insights

Based on property information with market context.

The Standard At Boone is a 200-unit, 560-bed student housing complex that includes four retail spaces, with two currently available for lease. The property provides dedicated parking for retail users, with access to 62 parking spaces reserved for retailers within the overall complex.

The complex is located on Blowing Rock Road, approximately 300 yards south of Appalachian State University, home of the Mountaineers. Its proximity to campus helps define a built-in day-to-day customer base for the on-site retail components.

For tenants, buyers, and operators, the offering combines student housing scale with discrete retail space availability inside one integrated property. The presence of dedicated retailer parking supports straightforward customer access for the two available retail suites, while the remaining retail spaces provide an established framework within the overall community. This is a single-project opportunity to align retail operations with an active residential population at a purpose-built student housing development.

Key Highlights

  • 2016‑built 200‑unit, 560‑bed student housing complex
  • Located about 300 yards south of Appalachian State University
  • Includes four retail spaces, with two currently available for lease

Property Analytics

Current Use

The Standard at Boone Student Housing Center Milan Laser Hair ... Skin Care Clinic

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Daycare Center Kitchen & Bath Showroom Barber Shop Restaurant

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

200
Residential units

Location Intelligence

Trade Area within ½ mile

929
Businesses Nearby

Demographics for 28607, NC

35,495
Population
16,726
Households
2.1
Avg Household Size
27
Median Age
54%
College-Educated
92%
High-School Grad
101.7 sq mi
ZIP Area
349
Density / Sq Mi
$44,132
Median Household Income
$13,485
Median Earnings
$1,081
Median Rent
$339,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 200-unit, 560-bed student housing complex with two retail spaces available and 62 parking spaces dedicated to retailers.
Where is this apartment building located?
The property is located at 850 Blowing Rock Road Boone, NC.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: 2016‑built 200‑unit, 560‑bed student housing complex; Located about 300 yards south of Appalachian State University; Includes four retail spaces, with two currently available for lease
More about this property
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