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    22 Pack Sq Asheville, NC 28801

    Sponsored
    For Lease
    $25 SF/Yr

    Prestigious Office Suites Available

    Lot size:
    42,316 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This iconic 1924 neo-gothic building, recently renovated in 2022, offers 42,316 square feet of prime office space in downtown Asheville, NC. Located on 0.37 acres in the heart of Pack Square, the property boasts one building with multiple tenancies, including executive, creative, and traditional office spaces. Currently, one 1,543 sq. ft. suite is available. The building features abundant natural light, functional floor plans, and stunning views. Recent renovations include new paint and carpeting in offices and common areas, updated restrooms, a renovated main lobby, new elevators, and stylish additions such as artwork, wayfinding signage, and designer lighting. The building's central location provides easy access to Asheville's best restaurants, shops, and coffee houses. The property is zoned CBD and has a Buncombe County APN of 9649-40-6331. This is a unique opportunity to lease space in one of Asheville's most recognizable and desirable buildings.

    Property Features for 22 Pack Sq

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    42,316 SF
    Total Rate
    90803.08

    Building Details

    Year Built/Renovated
    1924/2022
    Buildings
    1

    Unit(s) available at that property

    Space
    404
    Size
    1,543 SF
    Rate per SF
    $25

    HighLights

    • 42,316 SF of renovated neo‑gothic office space in downtown Asheville, NC.
    • One 1,543 SF suite currently available in a multi‑tenant building on 0.37 acres in Pack Square.
    • On‑site garage parking.
    • Full‑service lease including utilities, janitorial, and maintenance.
    • On‑site property manager and maintenance staff; convenient I‑240 access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Edwards Law Criminal Justice Attorney Byerly Appraisal Services Real Estate Appraiser Paul Fugelsang Psychologist Intellenet Inc Employment Agency Ash Realty Real Estate Agency

    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
    -82.550768928469
    Latitude
    35.595134435646

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    FAQs

    What type of property is this?
    Office space - Prestigious Office Suites Available
    Where is this office space located?
    The property is located at 22 Pack Sq Asheville, NC.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: 42,316 SF of renovated neo-gothic office space in downtown Asheville, NC.; One 1,543 SF suite currently available in a multi-tenant building on 0.37 acres in Pack Square.; On-site garage parking.
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    22 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
    22 Pack Sq Asheville, NC 28801
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