Property Description

Mixed-Use Redevelopment & Boutique Hospitality Opportunity with Dedicated Parking at76 College St. Proposed 35-room boutique hotel, cocktail lounge, and ground level retail onboth N. Lexington Ave. and Broadway Street.Located in the heart of downtown Asheville, the property sits at the intersection of Broadway Street andthe Lexington Avenue retail corridor, two of the city's most active pedestrian streets. Part of the historicStar Block, originally built in the early 1900s, the building is positioned for redevelopment as Zelda Salon,a proposed 35-key boutique hotel that will preserve the property's historic character while introducingsuite-style guest rooms, curated hospitality spaces, and ground-level retail along both Broadway andLexington Avenue. The offering also includes the adjacent 76 College Street parking lot, providing approximately 20 surfaceparking spaces in a supply-constrained downtown environment. Together, the properties present a raredowntown parking in the center of Asheville's thriving tourism market.opportunity combining existing retail income, boutique hotel redevelopment potential, and dedicated

Property Features