124 College Street Asheville, NC 28801 -- MLS# 4413822

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124 College Street
Asheville, NC 28801
FOR
SALE
$4,900,000
Active
1912
Yr. Built
MLS# 4413822
Cumulative Days on Market: 14 · Includes prior listings · Currently listed since 09/08/26 · Data provided by the MLS.

Property Description

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.

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Property Highlights

Property Type
Commercial Sale
Property Sub Type
Office
Year Built
1912

Location

City/Township
Asheville
View
City
County
Buncombe
Zoning
CBD

Property Details

Price
$4,900,000
Property Type
Commercial Sale
Property Sub Type
Office

Interior Features

Interior Features

Flooring
Wood
Accessibility Features
Elevator

Building Details

Construction

Year Built
1912

Materials

Construction Materials
Brick Full
Roof
Built-Up

Terms

Terms

Inclusions
Building, Land
Special Conditions
None
Special Terms
Cash, Conventional

Taxes

Tax

Tax Assessed Value
3775000.00

Heating, Cooling & Utilities

Utilities

Utilities
Cable Available
Sewer
Public Sewer
Water Source
City

Lot

Lot Size
0.14
Road Surface
Paved
Road Frontage
City Street, State Road

Parking

Other Parking
Parking is not available but there is a county parking deck conveniently located in front of the Courthouse on College St, about 500ft from the building.
Listed by Dewey Property Advisors, lurie.jay@gmail.com
Listing Data last updated 09/22/2026 10:40 pm
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Property History

5 days ago
Property information last updated
14 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 14 days (includes prior listings) · Currently listed since September 8, 2026. Data provided by the MLS.

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