Downtown Commercial Office Space for Rent

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Downtown

Renting Commercial Office Space in Downtown

Downtown remains the primary engine of Asheville’s economy, currently benefiting from a "flight to quality" as high-end boutique hotels and "Class A" office spaces lead the recovery. While the 2025 office vacancy rate hovered around 7.67%, the district is seeing a revitalization of the "innovation district" corridors—including Charlotte Street and the South Slope. Commercial interest is high for mixed-use conversions and retail storefronts, driven by a 35% year-over-year increase in direct spending from group travel, making it the most competitive submarket for premium hospitality and dining ventures. (Source: Explore Asheville / NAI Beverly-Hanks 2025 Year-End Report)

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Popular Properties in the Downtown Neighborhood

345 – 3,806 SF

$500 – $3,200 /mo

Coworking General

Downtown Adjacent Office For Lease

1,688 SF

$3,100 /mo

General

Asheland Ave Medical Office

1,858 SF

$2,500 /mo

Medical

59 Haywood Street - For Lease

2,800 SF

$5,100 – $5,600 /mo

Storefront

Coxe Ave. #101

4,535 SF

$9,100 /mo

General

Well-Equipped Downtown Office in Historic Building

1,150 SF

$2,300 /mo

General

Hip Garage Style Building for Lease in Asheville's South Slope Brewing District

1,500 SF

$4,500 /mo

Storefront

Brook Street

4,740 SF

$16,600 /mo

Storefront

Full Service Suites at 1 N Pack Square

170 – 285 SF

$600 – $900 /mo

Coworking

Biltmore Village Retail / Office / Flex Suites For Lease

1,668 – 7,645 SF

$3,500 – $11,500 /mo

General Storefront

34 Granby Street - For Lease

4,000 – 8,840 SF

$9,700 – $21,400 /mo

Medical

River Arts Apartments Retail Space: Now Pre-Leasing!

935 – 5,455 SF

$2,700 – $7,100 /mo

Storefront

Oakley Plaza Office Suite Available

1,586 SF

$2,600 /mo

Coworking

Tunnel Road

4,320 SF

$7,900 /mo

General

N Market St

2,700 SF

$3,500 /mo

Flex

Suite Rates in Downtown

Suite Sizes in Downtown

Neighborhood Comparison

Neighborhood	Average Available SQFT	Average Rate / SQFT PER Month	NUMBER OF AVAILABLE SUITES
Biltmore Village	1,500	$2.13 / SF	125
Downtown	1,500	$2.18 / SF	113
River Arts District	1,600	$1.98 / SF	147
South Asheville	1,900	$2.35 / SF	55
West Asheville	2,000	$1.46 / SF	30

*All data is from sources we deem reliable and is tracked to provide tenants an understanding of market and submarket conditions, however we cannot guarantee accuracy and all data should be confirmed prior to any use in the lease or purchase of real property.