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    14 Pack Sq Asheville, NC 28801

    Sponsored
    For Lease
    $28 SF/Yr

    Historic Downtown Asheville Office Suites

    Lot size:
    31,110 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional six-story office building, originally designed by Richard Sharp Smith in 1909 and extensively renovated in 2022, offers a unique blend of historic charm and modern amenities. Located at 14 S Pack Square in Asheville, NC, this 31,110 square foot building sits on a 0.37-acre lot in the heart of the Central Business District (CBD), zoned accordingly. The building features multiple tenancy options, with one currently available space of 549 square feet. Enjoy a range of office subtypes including executive, traditional, and creative spaces, all boasting 8-10 foot ceilings. Modern upgrades include a new elevator, fresh paint, commercial-grade carpeting and luxury vinyl tile, high-end restrooms, artwork, and updated wayfinding signage. The building offers convenient onsite private parking and boasts stunning views of Pack Square. Tenants benefit from a full-service lease structure encompassing utilities, janitorial services, repairs and maintenance, and property management. This prime location provides unparalleled access to Asheville's vibrant downtown scene, including top-rated restaurants, cafes, and shopping. The Buncombe County property (APN: 9649406331) presents a rare opportunity to secure prestigious office space in a landmark building.

    Property Features for 14 Pack Sq

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    31,110 SF
    Total Rate
    74534.38

    Building Details

    Year Built/Renovated
    1909/2022
    Buildings
    1
    Stories
    6

    Unit(s) available at that property

    Space
    Suite 507
    Size
    549 SF
    Rate per SF
    $28

    HighLights

    • Downtown Asheville location.
    • Recently renovated.
    • On‑site parking garage.
    • Competitive rates include utilities, janitorial, and maintenance.
    • Full‑time on‑site management and maintenance.
    • Convenient I‑240 access to I‑40 and I‑26.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Chocolate Lounge Dessert Shop Leah B. Noel, ... Certified Public Accountant Adrian Etheridge Photography Photographer Newfound Properties, LLC Construction Company Novus Architects Architecture Firm

    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
    -82.550869790951
    Latitude
    35.595108060065

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    FAQs

    What type of property is this?
    Office space - Historic Downtown Asheville Office Suites
    Where is this office space located?
    The property is located at 14 Pack Sq Asheville, NC.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: Downtown Asheville location.; Recently renovated.; On-site parking garage.
    Request Owner's contact information
    14 Pack Sq Asheville, NC 28801
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    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
    14 Pack Sq Asheville, NC 28801
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