$5,200,000

The historic Miles Building, constructed in 1903 and once home to the Asheville Men’s Club, offers a unique and storied past (though not on the National Register, facilitating easier redevelopment). Located at the signalized corner of Haywood and College Streets, this prime property boasts frontage on four major downtown streets, with a generous 260 feet of ground-floor street frontage. The building’s three stories feature sophisticated office spaces on the second and third floors, while the ground floor is home to lively retail establishments. The stunning Art Deco design and architectural details have been impeccably preserved. Situated within the CBD zoning district and designated as part of the "Small Hotel Overlay," this property presents tremendous income potential with below market rents, and exciting redevelopment opportunities. Asheville, a top international travel destination attracting 20 million visitors annually, draws affluent tourists seeking luxury experiences.