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$7,250,000
Est. payment /mo
6,969 Sqft Lot
UPDATED:
02/14/2025 06:57 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4215560
Year Built 1903
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Retail
Property Description
The historic Miles Building, constructed in 1903 and once home to the Asheville Men's Club, offers a unique and storied past (though not on the National Register, facilitating easier redevelopment).
Located at the signalized corner of Haywood and College Streets, this prime property boasts frontage on four major downtown streets, with a generous 260 feet of ground-floor street frontage. The building's three stories feature sophisticated office spaces on the second and third floors, while the ground floor is home to lively retail establishments. The stunning Art Deco design and architectural details have been impeccably preserved.
Situated within the CBD zoning district and designated as part of the "Small Hotel Overlay," this property presents tremendous income potential with below market rents, and exciting redevelopment opportunities. Asheville, a top international travel destination attracting 20 million visitors annually, draws affluent tourists seeking luxury experiences.
Located at the signalized corner of Haywood and College Streets, this prime property boasts frontage on four major downtown streets, with a generous 260 feet of ground-floor street frontage. The building's three stories feature sophisticated office spaces on the second and third floors, while the ground floor is home to lively retail establishments. The stunning Art Deco design and architectural details have been impeccably preserved.
Situated within the CBD zoning district and designated as part of the "Small Hotel Overlay," this property presents tremendous income potential with below market rents, and exciting redevelopment opportunities. Asheville, a top international travel destination attracting 20 million visitors annually, draws affluent tourists seeking luxury experiences.
Location
State NC
County Buncombe
Zoning CBD
Rooms
Basement Storage Space
Exterior
View City, Mountain(s)
Street Surface Paved
Building
Dwelling Type Site Built
New Construction false
Others
Senior Community false
Restrictions No Restrictions
Special Listing Condition None
Virtual Tour https://youtu.be/05Jjo4luDR0
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© 2025 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Jason Burk • Whitney Commercial Real Estate • jburk@whitneycre.com
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Dana Sellers
Realtor®/Broker | License ID: 230087
Realtor®/Broker License ID: 230087
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