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$4,800,000

Asheville, NC 28801
Listed by Jay Lurie · The Real Estate Center
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1928

About this home

Phil Mechanic Studios offers a rare opportunity to acquire a historic creative workspace building in Asheville’s River Arts District. Located at 109 Roberts Street and spanning more than 20,800 square feet across five floors, the property serves as a long-standing anchor for the district’s arts community. Home to more than 35 artists and creative businesses, the building benefits from strong demand driven by Asheville’s nationally recognized arts and tourism economy. Positioned adjacent to The Radical Hotel and within one of the city’s most active redevelopment corridors, the property offers a distinctive investment within one of the Southeast’s most vibrant creative districts. Located in between The Radical Hotel and The Wedge Studio's. The sale includes the parking lot across the street on the corner.

Property details

MLS #
CAR4366305
Property type
Showroom/Office
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
April 17, 2026
Stories
4
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Isaac Dickson Elementary
0.6 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
407
Student:teacher ratio
14.0:1
District
Asheville City Schools
Middle
Asheville Middle
0.39 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
623
Student:teacher ratio
11.5:1
District
Asheville City Schools
High
Asheville High
1.25 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
1,135
Student:teacher ratio
13.2:1
District
Asheville City Schools

Walkability

Blended score for Asheville's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

93
Highly walkable
out of 100
EPA National Walkability Index
17.7 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores12
Parks20
Schools16
Transit stops20
Pharmacies6

Market position

How this listing compares to current activity in Asheville, from live MLS data.

On the market 0 days -- 127 fewer days than Asheville's current average of 127 days.
For reference, the median list price across 1,242 active listings in Asheville right now is $507,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$29,056/mo
$960,000 down
$3,840,000 loan
Principal & interest$24,906
Property tax (est.)$4,000
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated April 17, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.