20 Artful Way, Asheville, NC 28801
This stunning Class A, four-story creative office building, completed in 2021, offers 18,728 square feet of versatile space in Asheville's desirable River Arts District submarket. The building features 40 suites, currently offering at least one available space of 215 square feet, perfect for a variety of businesses. Its unique design incorporates a mix of creative office spaces on the second floor, street-level retail and gallery spaces, and 26 studio apartments on the upper two floors, creating a dynamic 24/7 environment. The 0.43-acre lot provides ample space, while the building boasts six parking spaces and elevators for convenient access. The RAD-NT zoning allows for a range of uses, making this property an exceptional investment opportunity. The building's modern design and prime location within the thriving River Arts District ensure high visibility and attract a diverse clientele. This locally-owned and operated building is a testament to the area's artistic and entrepreneurial spirit, offering a unique blend of residential and commercial spaces. The building's innovative design fosters a collaborative and vibrant atmosphere, ideal for businesses seeking a creative and inspiring workspace. The property's multiple tenancy structure provides flexibility for various business needs. This is a rare opportunity to secure space in a highly sought-after location.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.