22-26 College St - Storefront Retail/Office FOR SALE


Asheville, NC 28801
$3,850,000 USD
828-684-4344
22-26 College St, Asheville, NC for Sale
$3,850,000 USD
Storefront Retail/Office - FOR SALE
1/15
null | Request Cap Rate

22-26 College St
Asheville, NC 28801


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,850,000 USD

PRICE/SF

$939 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1898

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

CBD

APN/PARCEL ID

9649-30-4378-C0102

ASK ABOUT THIS PROPERTY

Curtis WilliamsPulliam PropertiesMore Info
828-684-4344

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Curtis WilliamsPulliam PropertiesMore Info
828-684-4344

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.