48 College

48 College St., Asheville, NC 28801

Property Information

  • For Lease $35.00/SF/YR
  • Property Type Retail - Street Retail
  • Property Size 11,628 SF
  • Lot Size 0.09 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1925
  • Year Renovated 2016
  • Date Updated May 13, 2026

Description

Nestled in the heart of vibrant Downtown Asheville, 48 College offers an array of enticing amenities and nearby attractions for retail tenants. The bustling area is renowned for its eclectic mix of shops, restaurants, and entertainment venues, drawing in a steady stream of locals and tourists alike. Just steps away from the historic Pack Square, tenants can benefit from high foot traffic and a dynamic, energetic atmosphere. The surrounding streets are filled with charming boutiques, art galleries, and popular dining spots, creating a thriving retail destination. With its prime location in this coveted neighborhood, the property presents an exceptional opportunity for tenants to capitalize on the vibrant pulse of Downtown Asheville. Rankin and Wall Street parking decks across the street.This iconic Asheville location offers a turnkey restaurant and bar space For Lease. This is a prime spot in the heart of downtown walking traffic, this 2-story, 3,130 sq ft space features a first-floor restaurant, second-floor bar, and a lower-level walk-in, prep kitchen, and dry storage areas. The property's layout is designed to optimize the customer experience and operational efficiency, making it an ideal choice for a thriving restaurant and bar business. Take advantage of this exceptional opportunity to establish your restaurant in this sought-after location!

Highlights

  • 2-story layout with separate dining and bar areas
  • Historic building provides both stunning curb appeal and walkability
  • Lower-level walk-in and prep kitchen
  • Prime downtown location
  • Turnkey restaurant and bar space

1 Space Available

Bar/Restaurant

Space Type

Street Retail

Lease Rate

$35.00/SF/YR

Total Space

3,130 SF

Divisible Space

3,130 - 3,130 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Turnkey

Yes

Contacts

Austin Walker

Whitney Commercial Real Estate

Location

Located at 48 College St., Asheville, NC 28801, this property is part of the Downtown Asheville neighborhood and Asheville market.

Contact Listing Broker
Austin Walker

Whitney Commercial Real Estate

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