Map of Property

48 College

For Lease

48 College St., Asheville, NC 28801

You can currently find 1 retail space(s) available for lease at 48 College. Designated use type for space listed here includes street retail. Current retail listings at this property total 3,130 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at 48 College.

Space Available For Lease 1

Contacts

Austin Walker

Whitney Commercial Real Estate

Property Details

  • 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
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!
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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

Getting around

  • 94/100

    Walk Score ®

  • 54/100

    Transit Score ®

  • 71/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Asheville, NC
  • Neighborhood Downtown Asheville
  • Zip Code 28801
  • Market Asheville

Points of Interest

  • Greenlots

    0.19 miles

  • Shell

    0.37 miles

  • Citgo

    0.54 miles

  • Enmark

    0.75 miles

  • Gas Express

    1.07 miles

  • Exxon

    1.25 miles

  • Sam's Club

    1.58 miles

  • Tesla Supercharger

    5.28 miles

  • EVgo

    7.70 miles

  • Tesla Destination Charger

    7.71 miles

  • Rankin Avenue Garage

    0.04 miles

  • Civic Center Garage

    0.11 miles

  • Sears Alley Public Parking Deck

    0.15 miles

  • Wall Street Garage

    0.18 miles

  • Biltmore Avenue Parking Garage

    0.22 miles

  • Ironwood Parking Garage

    0.48 miles

  • Tempie Avery Montford Community Center Parking

    0.73 miles

  • Parking Garage

    1.61 miles

  • Simpson Parking

    1.77 miles

  • The Lobster Trap

    0.02 miles

  • The Med

    0.03 miles

  • Table Ashville

    0.04 miles

  • Collaboratory

    0.06 miles

  • S&W Artisanal

    0.07 miles

  • Suwanna's Thai Orchid

    0.07 miles

  • Mayfel's

    0.08 miles

  • Isa's Bistro

    0.08 miles

  • Salsa's

    0.08 miles

  • Bomba

    0.08 miles

  • Mast General Store

    0.12 miles

  • French Broad Food Co-op

    0.29 miles

  • Whole Foods Market

    0.46 miles

  • Trader Joe's

    0.54 miles

  • Harris Teeter

    0.58 miles

  • Ingles

    1.02 miles

  • Innsbruck Mall

    1.05 miles

  • Big Lots

    1.06 miles

  • Earth Fare

    1.25 miles

  • Kim's Oriental Food & Gifts

    1.65 miles

48 College St. Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    48 College St. is located in Downtown Asheville, which is home to a total of 13 listing(s). Retail space at 48 College asks $35.00/SF/YR per square foot.

  • The property includes 3,130 square feet of retail space for lease. Of this total, 3,130 square feet are Street Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    48 College St. was last renovated in 2016.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Downtown Asheville is 43. The average household income here is $58,438 per year.

Contact Listing Broker
Austin Walker

Whitney Commercial Real Estate

  1. 1Main information
  2. 2Extra information
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