Grove Arcade

1 Page Avenue, Asheville, NC 28801

Property Information

  • For Lease $22.00 - $26.00/SF/YR
  • Property Type Retail
  • Property Size 250,000 SF
  • Lot Size 1.55 Acre
  • Parking Spaces Avail. 107
  • Property Tenancy Multi-Tenant
  • Year Built 1927
  • Year Renovated 2003
  • Date Updated May 17, 2026

Description

In 1915 E.W. Grove had completed the Grove Park Inn and understood that a successful city needed a vibrant downtown. He conceived of Grove Arcade as “the most elegant building in America”—and as a new kind of retail center. A century later, retail continues to boom here. The Grove Arcade spans a city block on the west side of Downtown Asheville. It is located directly off of I-240 at the cross streets of Battery Park Drive, Page Avenue & O'Henry St. It anchors an area of downtown that includes a handful of Carolina’s finest restaurants, retailers as well as other Historic structures including The Battery Park Apartments, Haywood Park Hotel, The Flat Iron Building and Wall Street. It is within 300 yds. of five hotels; Hyatt Place, Indigo Hotel, Haywood Park Hotel, Cambria Suites, and Embassy Suites. Asheville benefits from tourism with 11.9 million visitors annually, generating $3.1 billion in economic impact. Known as one of the leading cultural hubs in the US, is also voted as one of the best cities to live in.The Grove Arcade is a nationally well-known, Class-A mixed use retail, restaurant, office, and residential complex located in downtown Asheville. With an average annual (interior) door count of 773,564 visitors, and a walk-Score of 92, it is the most attractive class A office location in Downtown. The site offers abundant foot traffic for retailers (door counts are available), easy accessibility, on-site security and parking, and immediate access to Restaurant Row. Retail and restaurant tenants benefit from the property's marketing team, which continuously promotes tourism to the property through a range of marketing channels and methods. Office tenants enjoy strong signage / wayfinding to direct visitors to their suites, and many property amenities.

Highlights

  • 700,000+ visitors per year
  • Class A Retail Spaces Available! Click on Spaces on the property website for full details.
  • Nearby Public Parking: Metered Street Parking around the building perimeter, Wall Street Garage (232 Spaces), Rankin Garage (262 Spaces), Civic Center Garage (550 Spaces).
  • On-site private parking with security is available for Grove Arcade tenants in either our private underground deck, or surface parking at the Basilica (1 block away).

4 Spaces Available

Unit 116

Space Type

Regional Mall

Lease Rate

$24.00/SF/YR

Total Space

1,400 SF

Divisible Space

700 - 1,400 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Beautiful Retail Space with high ceilings, windows, fronting O'Henry Avenue. Can lease 700 - 1,400 SF, subdividable. TICAM is currently $8.32 / SF / YR.

Unit 118

Space Type

Regional Mall

Lease Rate

$24.00/SF/YR

Total Space

1,210 SF

Divisible Space

1,210 - 1,210 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Gorgeous boutique retail space on O'Henry Avenue. Large double door entry into a spacious open space with high ceilings, great lighting and tall windows in the front. The suite has FIVE sinks and two private restrooms. There is a sink and storage area in the back left of the suite; and two smaller private rooms (could be used as office, storage, or private client area) in the back right! Great on-street parking directly in front of the suite. The suite also has a secondary side door exit (to the right of the main entrance). TICAM is currently $8.32 / SF / YR.

Unit 127-128

Space Type

Regional Mall

Lease Rate

$22.00/SF/YR

Total Space

2,721 SF

Divisible Space

2,721 - 2,721 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Large, corner, open floor plan retail space near the Battery Park entrance of the Grove Arcade, across from the Pinball Museum. TICAM of $8.32 / SF / YR.

Unit 152

Space Type

Restaurant

Lease Rate

$26.00/SF/YR

Total Space

1,975 SF

Divisible Space

1,975 - 1,975 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Highly desirable end cap space currently outfitted as a taproom. TICAM is currently $8.32 / SF / YR.

Contacts

Sam Duncan

Dewey Property Advisors

Location

Located at 1 Page Avenue, Asheville, NC 28801, this property is part of the Downtown Asheville neighborhood and Asheville market.

Contact Listing Broker
Sam Duncan

Dewey Property Advisors

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