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$9,129 Just Listed
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Property Description
This iconic Asheville location offers a turnkey restaurant and bar space For Lease. This is a prime spot in the heart of downtown walking traffic, this 2-story, 3,130 sq ft space features a first-floor restaurant, second-floor bar, and a lower-level walk-in, prep kitchen, and dry storage areas. The property's layout is designed to optimize the customer experience and operational efficiency, making it an ideal choice for a thriving restaurant and bar business. Take advantage of this exceptional opportunity to establish your restaurant in this sought-after location! Nestled in the heart of vibrant Downtown Asheville, 48 College offers an array of enticing amenities and nearby attractions for retail tenants. The bustling area is renowned for its eclectic mix of shops, restaurants, and entertainment venues, drawing in a steady stream of locals and tourists alike. Just steps away from the historic Pack Square, tenants can benefit from high foot traffic and a dynamic, energetic atmosphere. The surrounding streets are filled with charming boutiques, art galleries, and popular dining spots, creating a thriving retail destination. With its prime location in this coveted neighborhood, the property presents an exceptional opportunity for tenants to capitalize on the vibrant pulse of Downtown Asheville. Rankin and Wall Street parking decks across the street.
Full Property Details
Full Property Details for 48 College St
General
- Price: $9,129
- Status: Active
- Type: Commercial Lease
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4354589
- Updated: 3/13/2026
- Added to Site: 5 day(s) ago
Rental Information
- Date Available: 6/1/2026
Location
- County: Buncombe
- Complex: 48 College Street
- City Limits: Yes
Structural Information
- Construction: Site Built
- Basement: Yes
- Basement Desc.: Storage Space
- Min Required: 35 Sq. Ft.
- Minimum Avail: 3,130 Sq. Ft.
- Year Built: 1925
Lot Features
- Street/Road Desc.: Paved
- Rcmdd Zoning: CBD
Disclosures and Reports
- Inclusions: Building
- Property ID: 9649308574
- Lot Number: 2955/0680
Listed by Whitney Commercial Real Estate
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Schools
Schools serving 48 College St
School District:Asheville City Schools
| Name | Grades | Distance |
|---|---|---|
Isaac Dickson Elementary 125 Hillside Street, Asheville, NC 28801 | K-5 | 0.8 mi |
Claxton Elementary 241 Merrimon Avenue, Asheville, NC 28801 | K-5 | 0.9 mi |
Asheville High 419 McDowell Street, Asheville, NC 28803 | 9-12 | 1.6 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 | 1.6 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 | 2.4 mi |
Vance Elementary, Asheville, NC 98 Sulphur Springs Road, Asheville, NC 28806 | K-5 | 3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 48 College St
Date
Details
Price
Change
Source
3/12/2026
Listed
$9,129
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 48 College St
48 College Street, Asheville, NC 28801 (MLS# 4354589) is a Commercial Lease property. 48 College Street is currently listed for $9,129 and was received on March 12, 2026. Want to learn more about 48 College Street? Do you have questions about finding other Commercial Lease real estate for sale in Asheville? You can browse all Asheville real estate or contact a Coldwell Banker agent to request more information.

