- 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
True
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