This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$4,065,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
$1 million price reduction!! Seller financing. Stunning 8-unit/14-room short term rental investment opportunity. Situated on coveted Church St, an urban oasis in the heart of thriving downtown Asheville. Turnkey - fully furnished with kitchens and laundry in every unit. All FF&E, website conveys. Awarded the prestigious Griffin Award in 2010 for outstanding historic preservation. Potential to convert to partial owner-user or individual condos. 1895 restored historical elements uniquely blended with modern amenities and style. Fully sprinklered. Elevator serving all floors. A rare downtown Asheville opportunity to purchase an entire building purposely designed for short term rental use. See marketing brochure for details.
Full Property Details
Full Property Details for 18 Church St
General
- Sold For: $4,065,000
- Status: Closed
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4265662
- Added to Site: 265 day(s) ago
Location
- County: Buncombe
- City Limits: Yes
Heating & Cooling
- Cooling Type: Central Air, Heat Pump
- Heating Type: Central, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- # Buildings: 1
- Construction: Site Built
- Basement: Yes
- Basement Desc.: Daylight, Exterior Entry
- Roof: Rubber
- Square Feet: 11,029
- Minimum Avail: 11,029 Sq. Ft.
- Year Built: 1895
Lot Features
- Street/Road Desc.: Paved
- Rcmdd Zoning: CBD
Disclosures and Reports
- Restrictions: No Restrictions, Short Term Rental Allowed
- Inclusions: Building, Business, Equipment, Fixtures
- Property ID: 964930901300000
- Lot Number: 4555/602
Listed by G/M Property Group
Sold by Preferred Properties
Get Pre-Approved Today
Schools
Schools serving 18 Church St
School District:Asheville City Schools
| Name | Grades | Distance |
|---|---|---|
Claxton Elementary 241 Merrimon Avenue, Asheville, NC 28801 | K-5 | 0.9 mi |
Isaac Dickson Elementary 125 Hillside Street, Asheville, NC 28801 | K-5 | 0.9 mi |
Asheville High 419 McDowell Street, Asheville, NC 28803 | 9-12 | 1.5 mi |
Asheville Middle 211 South French Broad Avenue, Asheville, NC 28801 | 6-8 | 0.7 mi |
School Of Inquiry And Life Science 419 McDowell Street, Asheville, NC 28803 | 9-12 | 1.5 mi |
Hall Fletcher Elementary 60 Ridgelawn Road, Asheville, NC 28806 | K-5 | 1.8 mi |
Ira B Jones Elementary 544 Kimberly Avenue, Asheville, NC 28804 | K-5 | 2.5 mi |
Vance Elementary, Asheville, NC 98 Sulphur Springs Road, Asheville, NC 28806 | K-5 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 18 Church St
Date
Details
Price
Change
Source
11/04/2025
Sold
$4,065,000
-17.04%
MLS
9/08/2025
Price Reduced
$4,900,000
-16.95%
MLS
5/30/2025
Listed
$5,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
18 Church Street, Asheville, NC 28801 (MLS# 4265662) is a Commercial property that was sold at $4,065,000 on November 04, 2025. Want to learn more about 18 Church Street? Do you have questions about finding other Commercial real estate for sale in Asheville? You can browse all Asheville real estate or contact a Coldwell Banker agent to request more information.

