Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    1 Pack Sq Asheville, NC 28801

    Sponsored
    For Lease
    $30 SF/Yr

    Prime location, modern offices, mountain views

    Lot size:
    140,598 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional seven-story, 140,598 square foot office building, constructed in 1982 and renovated in 2006, presents a unique investment opportunity in the heart of Asheville's Central Business District (CBD). Located on 0.46 acres of land, the property boasts a prestigious address overlooking Pack Square, offering unparalleled visibility and access to Asheville's vibrant downtown amenities. The building features a mix of traditional and creative office spaces, currently offering seven available suites ranging from 170 to 2,466 square feet. High-end finishes, stunning downtown and mountain views, and 24-hour secure access with a staffed lobby during business hours are key features. The third and fourth floors each include a shared kitchenette for tenant convenience. The building's design, attributed to I. M. Pei, is considered an architectural landmark. On-site monthly parking is available (subject to availability). The property's zoning designation is CBD, and its Buncombe County APN is 9649-40-4582. This full-service lease opportunity provides a rare chance to secure a prominent presence in one of Asheville's most desirable locations. Easy access from I-240, Exit 5A, makes this property highly convenient.

    Property Features for 1 Pack Sq

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    140,598 SF
    Total Rate
    351495

    Building Details

    Year Built/Renovated
    1982/2006
    Buildings
    1
    Stories
    7

    Unit(s) available at that property

    Space
    303A
    Size
    210 SF
    Rate per SF
    $47
    Space
    309
    Size
    210 SF
    Rate per SF
    $9,900
    Space
    425
    Size
    179 SF
    Rate per SF
    $53
    Space
    307
    Size
    170 SF
    Rate per SF
    $7,200
    Space
    311
    Size
    170 SF
    Rate per SF
    $7,200
    Space
    303
    Size
    285 SF
    Rate per SF
    $11,100
    Space
    100
    Size
    2,466 SF
    Rate per SF
    $30

    HighLights

    • 140,598 SF multi‑tenant office building in Asheville's CBD.
    • Located on Pack Square, offering prominent visibility and proximity to downtown amenities.
    • Seven‑story building, constructed in 1982 and renovated in 2006, featuring high‑end finishes and mountain views.
    • Multiple suites available, ranging from 170 SF to 2,466 SF.
    • Building amenities include 24‑hour secure access, on‑site parking (availability permitting), and shared kitchenettes on select floors.
    Property Profile Location Intelligence

    Current Use by Public Records

    MBG & Assoc LLC Attorney Asheville by Foot ... Sightseeing Tour Agency TurnKey Vacation Rentals ... Property Management Company Dr. Stephen R. ... Orthopedic Surgeon Woolworth Walk Store

    Suggested Use

    Restaurant Realty agency Dental Office Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Asheville
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.5510844
    Latitude
    35.5955347

    Nearby Similar for Lease

    • $15,000 /Mo
      39,204 SF

      Downtown Asheville Restaurant/Brewery Opportunity

      Turn-key restaurant/brewery in Asheville's South Slope Brewery District.
      101 S Lexington Ave, Asheville, NC 28801
      View Details
    • $8,000 /Mo
      6,098 SF

      Downtown Asheville Office Space Available

      Prime downtown Asheville office space for lease with income potential.
      124 College St, Asheville, NC 28801
      View Details
    • $44,800
      143,748 SF

      Asheville Retail/Office/Medical Space For Lease

      1,600 SF suite ideal for retail, office, or medical use.
      1829 Hendersonville Rd, Asheville, NC 28803
      View Details
    • $3,200 /Mo

      Downtown Asheville Retail Space

      Premier retail space in the heart of downtown Asheville.
      51 College St, Asheville, NC 28801
      View Details
    • New
      $20 SF/Yr
      79,715 SF

      Biltmore Village Commercial Space

      Warm shell space in Biltmore Village with ample parking.
      30 Bryson St, Asheville, NC 28803
      View Details
    • $3,650 /Mo

      Historic Retail Space in Asheville

      Charming retail space in downtown Asheville with high foot traffic.
      6 College St, Asheville, NC 28801
      View Details
    • $2,000 /Mo
      43,560 SF

      Asheville Retail or Office Space

      Retail or office space in high-growth corridor near Asheville.
      15 Possum Trot Rd, Asheville, NC 28806
      View Details
    • $24 SF/Yr
      871 SF

      Asheville Office Building For Lease

      Two-story office building in downtown Asheville, zoned CBD.
      168 Patton Ave, Asheville, NC 28801
      View Details
    • $28 SF/Yr
      6,098 SF

      Downtown Asheville Office and Retail

      Second floor office and lower level retail space for lease.
      60 Biltmore Ave, Asheville, NC 28801
      View Details
    • $25 SF/Yr
      2,246 SF

      Downtown Asheville Retail Space

      Prime retail space in vibrant downtown Asheville location.
      29-33 Page Ave, Asheville, NC 28801
      View Details
    • $14 SF/Yr
      5,694 SF

      Downtown Asheville Historic Office Suite

      Unique 5,694 SF office space in historic Art Deco building.
      14 O'henry Ave, Asheville, NC
      View Details
    • $1,100 /Mo
      686 SF

      New Studio Suites in Asheville

      Brand-new studio suites available for lease in growing arts district.
      76 Glendale Ave, Asheville, NC 28803
      View Details

    FAQs

    What type of property is this?
    Office space - Prime location, modern offices, mountain views
    Where is this office space located?
    The property is located at 1 Pack Sq Asheville, NC.
    What is the lease rate?
    The lease rate is $30-$11,100 SF/Yr.
    What are key features of this property?
    This property features: 140,598 SF multi-tenant office building in Asheville's CBD.; Located on Pack Square, offering prominent visibility and proximity to downtown amenities.; Seven-story building, constructed in 1982 and renovated in 2006, featuring high-end finishes and mountain views.
    Request Owner's contact information
    1 Pack Sq Asheville, NC 28801
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1 Pack Sq
    Asheville, NC 28801
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Pack Sq Asheville, NC 28801
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.