This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

22-26 College St

4,099 SF Vacant Retail Building Asheville, NC 28801 $3,850,000 ($939/SF)

Investment Highlights

  • Covered Patio
  • New HVAC units installed in July of 2024 by

Executive Summary

3-story building in the heart of downtown Asheville. Mayfel's is a classic long standing restaurant in the heart of downtown Asheville. It includes 2518/sf including 840/sf basement and 1678/sf on the 1st floor, with a 2nd floor office suite available that is 1581/sf. The front covered patio measures 50x10. The rear courtyard seats another 20, with an outdoor bar as well. All restaurant equipment conveys to the Tenant with a rider that all equipment conveys back to the landlord at the end of the term. Restaurant was renovated in 2022. New HVAC units installed in July of 2024 by the landlord. Space is ideal for a chef driven restaurant, casual restaurant/bar, commissary kitchen or event space. Adjacent neighbor restaurants include Tupelo Honey and new hotels such as Restoration Hotel and Kimpton Hotel. This is a great location for a restaurant with either additional income potential or office space for the restaurant.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,099 SF
Building Class
B
Year Built
1898
Price
$3,850,000
Price Per SF
$939
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.05
Lot Size
0.09 AC
Zoning
CBD - CBD
Parking
1 Space (0.24 Spaces per 1,000 SF Leased)
Frontage
65 FT on College St

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 102
  • 2,518 SF
  • Retail
  • In-Line
  • Now

Mayfel's is a classic long standing restaurant in the heart of downtown Asheville. It includes 2518/sf including 840/sf Basement and 1678/sf on the 1st floor, with a 2nd floor office suite available in a separate listing. The front covered patio measures 50x10. The rear courtyard seats another 20, with an outdoor bar as well. All restaurant equipment conveys to the Tenant with a rider that all equipment conveys back to the landlord at the end of the term. Restaurant was renovated in 2022. New HVAC units installed in July of 2024 by the landlord. Space is ideal for a chef driven restaurant, casual restaurant/bar, commissary kitchen or event space. Adjacent neighbor restaurants include Tupelo Honey and new hotels such as Restoration Hotel and Kimpton Hotel.

  • 202
  • 1,581 SF
  • Office
  • -
  • Now

Office space in Downtown Asheville, between the Haywood Park Hotel, Isa's Bistro and Tupelo Honey. This 1,581/sf office space is perfectly suited to walk to restaurants for meals and shopping. There are 2 Entrances, one on College St and one on Wall St in downtown Asheville. Walk-in ready for an office location. No build outs needed. Great location for a business professional, Lawyer's office, Architect, Engineer, Real Estate office, etc... Former Real Estate Office. Space is now vacant.

Space Size Space Use Position Available
102 2,518 SF Retail In-Line Now
202 1,581 SF Office - Now

102

Size
2,518 SF
Space Use
Retail
Position
In-Line
Available
Now

202

Size
1,581 SF
Space Use
Office
Position
-
Available
Now

102

Size 2,518 SF
Space Use Retail
Position In-Line
Available Now

Mayfel's is a classic long standing restaurant in the heart of downtown Asheville. It includes 2518/sf including 840/sf Basement and 1678/sf on the 1st floor, with a 2nd floor office suite available in a separate listing. The front covered patio measures 50x10. The rear courtyard seats another 20, with an outdoor bar as well. All restaurant equipment conveys to the Tenant with a rider that all equipment conveys back to the landlord at the end of the term. Restaurant was renovated in 2022. New HVAC units installed in July of 2024 by the landlord. Space is ideal for a chef driven restaurant, casual restaurant/bar, commissary kitchen or event space. Adjacent neighbor restaurants include Tupelo Honey and new hotels such as Restoration Hotel and Kimpton Hotel.

202

Size 1,581 SF
Space Use Office
Position -
Available Now

Office space in Downtown Asheville, between the Haywood Park Hotel, Isa's Bistro and Tupelo Honey. This 1,581/sf office space is perfectly suited to walk to restaurants for meals and shopping. There are 2 Entrances, one on College St and one on Wall St in downtown Asheville. Walk-in ready for an office location. No build outs needed. Great location for a business professional, Lawyer's office, Architect, Engineer, Real Estate office, etc... Former Real Estate Office. Space is now vacant.

Walk Score ®
Walker's Paradise (94)
Bike Score ®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Wells Fargo Home Mortgage
First Bank NC
First Citizens Bank
Tupelo Honey
PNC Bank
Bank of America
The YMCA
CrossFit
Trader Joe's
Harris Teeter

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 9649-30-4378-C0101
  • 9649-30-4378-C0102
Land Assessment
$0
Improvements Assessment
$1,004,100
Total Assessment
$1,004,100
  • Listing ID: 33446544

  • Date on Market: 10/8/2024

  • Last Updated:

  • Address: 22-26 College St, Asheville, NC 28801

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}