• Broker Curtis Williams 8286844344

22-26 College St 4,099 SF Vacant Retail Building Asheville, NC 28801 $3,850,000 ($939.25/SF)

View Photo

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
$939.25
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.05
Lot Size
0.09 AC
Zoning
CBD - CBD
Parking
1 Spaces (0.24 Spaces per 1,000 SF Leased)
Frontage
65’ on College St

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 102
  • 2,518 SF
  • Retail
  • In-Line
  • Now
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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
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VIDEOS
3D TOUR
PHOTOS
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MAP
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22-26 College St, Asheville, NC for sale Interior Photo- Image 1 of 5
Interior dining
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Exterior dining
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Exterior of Building
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Outdoor dining

102

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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.

TRAFFIC

COLLECTION STREET CROSS STREET TRAFFIC VOLUME YEAR Distance
College Street Haywood St, W 5,212 2025 0.04 mi
Patton Avenue Church St, E 6,013 2025 0.05 mi
Patton Ave Church St, E 5,973 2023 0.06 mi
Patton Avenue S Lexington Ave, E 5,157 2025 0.08 mi
Patton Ave S Lexington Ave, E 5,343 2024 0.10 mi
Church St Aston St, S 542 2024 0.12 mi
Patton Avenue Broadway St, E 5,018 2025 0.13 mi
College Street Broadway St, E 5,914 2025 0.14 mi
Church Street Aston St, S 590 2025 0.15 mi
Patton Ave Broadway St, E 4,951 2023 0.15 mi
Walk Score®
Walker's Paradise (94)
Bike Score®
Very Bikeable (71)

NEARBY MAJOR RETAILERS

First Bank NC
First Citizens Bank
PNC Bank
Tupelo Honey
Bank of America
The YMCA
CrossFit
TD Bank
Five Guys
Trader Joe's

PROPERTY TAXES

Parcel Numbers 9649-30-4378-C0101, 9649-30-4378-C0102 Improvements Assessment $1,004,100
Land Assessment $0 Total Assessment $1,004,100

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

MAP

ADDITIONAL PHOTOS

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  • Listing ID: 33446544

  • Date on Market: 10/8/2024

  • Last Updated: 5/29/2025

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