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$4,850,000

Beds
Unknown
Baths
1.0
sq ft
11,450

122 College Street Unit 201, Asheville, NC 28801

122 College Street Unit 201

Asheville, NC 28801

  • 33 days on market
Historic character and modern luxury in Downtown Asheville. Located steps from Pack Square Park, this 11,885 SF mixed-use property underwent an 2023 renovation, earning a Griffin Award. Exposed brick and 1917 finishes define the facade, inviting patrons to enjoy the 3,000-SF restaurant on the main floor; or the 3,000-SF lower level bar—both 100% leased. A private entrance leads to 5,040 total SF of upper-floor suites, including two beautifully appointed 2BD/2BA apartments on the second floor; and a 3BD/3.5BA top level penthouse. Each offers spacious layouts and gorgeous city views. The penthouse features 25' ceilings, and a staircase that leads to a mezzanine with the only private rooftop overlooking Pack Square Park, where mountain views blend with art-deco structures. Suites and penthouse are offered fully furnished. With unbeatable location, award-winning design, and impeccable updates, 122 College Street is a must-see. SEE BROCHURE FOR MORE DETAILS.

Details

Property type

Condominium

Est. home value

$2,249,424

Lot size

Unknown

Price per sq ft

$424

Year built

1917

Price History

12/19/2024
CanopyMLS

CanopyMLS #4208358

Listed
$4,850,000

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Bank

Loan start date

August 2022

Original loan amount

$650,000

Est. remaining balance

Not provided

Interest rate

5.3%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Sashkin Private Equity Group Llc

Lender

Select Bank & Trust Co

Loan start date

May 2021

Original loan amount

$1,350,000

Est. remaining balance

Not provided

Interest rate

3.18%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Sashkin Private Equity Group Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/22/2025 at 4:45 AM

Listing updated: 01/22/2025 at 12:31 AM

Listed by: James Harrison, Whitney Commercial Real Estate Phone #: (828) 665-9085

MLS: CanopyMLS #4208358

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