Price $8,000,000
Status Active
Size 34,000 sqft
Lot Size 20,909 sqft
Mixed-Use Redevelopment & Boutique Hospitality Opportunity with Dedicated Parking at 76 College St. Proposed 35-room boutique hotel, cocktail lounge, and ground level retail on both N. Lexington Ave. and Broadway Street. Located in the heart of downtown Asheville, the property sits at the intersection of Broadway Street and the Lexington Avenue retail corridor, two of the city's most active pedestrian streets. Part of the historic Star Block, originally built in the early 1900s, the building is positioned for redevelopment as Zelda Salon, a proposed 35-key boutique hotel that will preserve the property's historic character while introducing suite-style guest rooms, curated hospitality spaces, and ground-level retail along both Broadway and Lexington Avenue. The offering also includes the adjacent 76 College Street parking lot, providing approximately 20 surface parking spaces in a supply-constrained downtown environment. Together, the properties present a rare downtown parking in the center of Asheville's thriving tourism market. opportunity combining existing retail income, boutique hotel redevelopment potential, and dedicated
Property Type(s): Commercial
Year Built 1910 County Buncombe

Additional Details

BASEMENT Dirt Floor, Unfinished, Yes
LOT 0.48 acre(s)
LOT DIMENSIONS 0.48
MLS STATUS Active
PARKING On Street, Parking Lot
SEWER Public Sewer
VIEW Yes
VIEW DESCRIPTION City

Location

 

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Listed with The Real Estate Center
Date last updated: 5/14/26 8:20 AM PDT

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