124 College Street, Asheville, NC

$4,900,000

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0.14

Acres

About 124 College Street

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.

Features of 124 College Street

MLS® # 4413822
Price $4,900,000
Acres 0.14
Year Built 1912
Type Commercial Sale
Sub-Type Office
Status Active

Community Information

Address 124 College Street
City Asheville
County Buncombe
State NC
Zip Code 28801

Amenities

Utilities Cable Available
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Roof Built-Up
Construction Brick Full

Additional Information

Date Listed September 8th, 2026
Zoning CBD
Foreclosure No
Short Sale No

Listing Details

OfficeDewey Property Advisors

Listing Map

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