124 College St - Office/Residential FOR SALE


Asheville, NC 28801- Downtown Asheville
$4,900,000 USD
828-215-9701
124 College St, Asheville, NC for Sale
$4,900,000 USD
Office/Residential - FOR SALE
1/54
null | Request Cap Rate

124 College St
Asheville, NC 28801
Downtown Asheville


HIGHLIGHTS

  • Downtown AVL
  • High Traffic
  • Walking Distance to Shops
  • Public Garage and Street Parking

OVERVIEW

Old school brickhouse at 124 College St downtown Asheville, formally Old Blanton School has approximately 24,000 Sq ft under roof. All four levels are approximately 6000 Sq ft. All four levels are heated and cooled with the sprinkler system. The main and lower level, formerly Room 9 Nightclub, is now vacant and offers a blank canvas for any vision. The second floor is leased to Sola Salon, generating stable revenue. The top (third) floor is also vacant and brimming with possibilities for creative or business opportunities. Third floor has potential for residential development.

FOR SALE DETAILS

PRICE

$4,900,000 USD

PRICE/SF

$204 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

CBD

APN/PARCEL ID

9649-40-7763-00000

ASK ABOUT THIS PROPERTY

Scott CarterThe Real Estate CenterMore Info
828-215-9701

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Scott CarterThe Real Estate CenterMore Info
828-215-9701

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.