124 College Street
$4,900,000
124 College Street
Asheville, NC 28801
Property Type
Commercial Sale
Year Built
1912
Lot Size
0.14 acres
Garage

About This Property

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.

Property Details

Interior

Exterior & Lot

Lot Size
0.14 acres
Year Built
1912

Location

County
Buncombe
ZIP Code
28801

Financial

Listing Terms
Cash, Conventional

Utilities

Utilities
Cable Available
Sewer
Public Sewer

Schools

Location

Listing Information

MLS #
CAR4413822
Listing Agent
Jay Lurie
Listing Office
Dewey Property Advisors
Listed Date
Sep 8, 2026
Susan Young
Susan Young
Realtor®, Broker Associate

Contact Susan Young About This Property

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