Downtown Retail Space for Rent

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Retail Space

Renting Retail 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 Retail Space in the Downtown Neighborhood

59 Haywood Street - For Lease

2,800 SF

$5,100 – $5,600 /mo

Storefront

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

River Arts Apartments Retail Space: Now Pre-Leasing!

935 – 5,455 SF

$2,700 – $7,100 /mo

Storefront

Retail and Office Lease on Haywood Road

697 SF

$1,500 /mo

General

372 Depot St, Ste. 60

1,342 SF

$2,800 /mo

Restaurant

Asheville Market

1,295 – 3,700 SF

$3,100 – $8,900 /mo

Storefront

Expansive Space near Major Retailers

5,042 SF

$4,800 /mo

Storefront

Retail Suites, Kiosks & Food Court Space for Lease

810 – 12,044 SF

- /mo

Restaurant Storefront

Wall Street

2,100 SF

- /mo

Storefront

All Souls Crescent

2,166 SF

$6,300 /mo

Storefront

All Souls Crescent

1,197 SF

$4,200 /mo

Storefront

Prime Downtown Asheville Retail Spaces

2,246 SF

$4,700 /mo

Storefront

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	1,600	$2.85 / SF	54
Downtown	1,500	$2.87 / SF	50
River Arts District	1,700	$2.83 / SF	56
South Asheville	1,700	$2.78 / SF	37
West Asheville	2,700	$2.24 / 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.