Downtown Asheville Retail

Downtown Asheville

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

Downtown Asheville Rates

Most listings are in the $20's per square foot per year. The Downtown Asheville region is seeing a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 18% decline in rent.

Downtown Asheville Listing Supply

In the last 90 days, 37 listings have come on the market, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,060 sqft. Most buildings in this area are around 3 stories. Most buildings in this area were built in 1972 and are Class A.

Downtown Asheville Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by bike is the most popular way to get to work amongst Downtown Asheville occupants. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.