124 College ST, Asheville, NC 28801
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$ 4,900,000
Est. payment | /mo

6,098 Sqft Lot


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$ 4,900,000
Est. payment | /mo
Save

6,098 Sqft Lot

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4413822

Year Built 1912

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Office

Property Description

Exceptional chance to own a standout property in one of North Carolinas' most sought-after Downtowns. Built in 1913 and rich with Asheville's architectural history, 124 College Street is a distinguished four-story brick house style building totaling ±24,000 square feet on a 50-foot-wide by 120-foot-deep downtown lot.

Formally Old Blanton School, the building's infrastructure has been thoughtfully updated while preserving its historic charm. All four floors—each approximately 6,000 SF—are fully heated, cooled, and serviced by a complete sprinkler system, ensuring operational efficiency and compliance. A centrally located elevator provides access to all floors, supporting accessibility and multi-tenant use.

The main and lower level, formerly Room 9 Nightclub, is now vacant and offers a blank canvas for any vision.The second floor is currently leased to Sola Salon, providing stable, established income within the property. The top (third) floor is also vacant and brimming with possibilities from creative office/retail to residential space. The basement has been newly renovated, featuring freshly stained concrete floors, creating a clean, modern, and versatile space ideal for retail, studio, entertainment, or creative uses.

With large window lines, generous ceiling heights, and durable brick construction, the building offers adaptable floor plans well-suited for office, retail, hospitality, wellness, or redevelopment visions. Its historic build quality and modern mechanical systems create a rare blend of charm and functionality. Don't miss this opportunity in an unmatched location on the edge of Pack Square in the heart of Downtown Asheville.

Location

State NC

County Buncombe

Zoning CBD

Interior

Flooring Wood

Inclusions Building, Land

Exterior

Utilities Available Cable Available

View City

Roof Type Built-Up

Street Surface Paved

Accessibility Elevator

Building

Dwelling Type Site Built

Sewer Public Sewer

Water City

Structure Type Brick Full

New Construction false

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Listed by Jay Lurie • Dewey Property Advisors • lurie.jay@gmail.com

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124 College ST