Kress Building Condos
The Kress Condominiums are located in the top 4 floors of the historic neoclassical and art-deco style 5-story Kress building in Downtown Asheville. They are conveniently situated in Asheville’s heart center, surrounded by the glorious Blue Ridge Mountains.
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Built in 1928 based on Samuel Henry Kress’s artistic vision, these condominiums occupy the 2nd-5th floor of the building on top of a gallery comprised of work from local artists and a unique home furniture retail space. Mr. Kress, under the trade name S.H. Kress & Co., established the infamous chain of “five and dime” retail department stores in cities across the United States. The Kress building itself is still considered an architectural landmark designed by E.J.T. Hoffman and features brilliant floral rosettes and terra cotta tile designs giving it that art deco feel.
Exclusivity21 residential units have been artfully renovated in 2000 and completed in January 2002. These units retain some marvelously elegant architectural touches. They range in size from 600 square-foot studios to 1400 square foot 2 story units. They all have refurbished wood floors, high ceilings, and stainless steel appliances. All unit owners have access to the recently renovated roof-top deck where you can enjoy your morning coffee or an evening open-air dinner all while enjoying the North Carolina skies.
Luxury AmenitiesThere is access to a well-equipped fitness center and rooftop terrace via elevator with a breath-taking view of the Asheville skyline and the majestic Blue Ridge Mountains.
Pet FriendlyThese condominiums, like the small city of Asheville, are pet-friendly and have an established pet policy.
StorageOwners enjoy extra storage in the basement of the Kress Building. Storage spaces consist of secure fenced cubicles.
Historic BuildingThe Kress Building is on the National Registry of Historic Places with owners may qualify for a historic tax exemption up to a 50% exclusion.
Parking/transportationAlthough there is no parking on-site, several parking garages are close by to purchase monthly passes (Aloft or Rankin Garage). There is also meter parking. There is a little bit of space to park at the front of the building but you can’t park there permanently (only for loading/unloading). Asheville has a bus system, and stops are conveniently located within walking distance. The lack of parking is one reason why condo units in there experience above average market statistics in terms of days on market. But you are conveniently located in Downtown Asheville with wonderful views of the surround
WalkabilitySince the Kress building is located in the center of downtown Asheville, the availability of things to do is extensive. The building itself is within walking distance to the library, Harrah’s Cherokee Center and Thomas Wolfe Center, breweries, and several restaurants, including winners of the 2020 Traveler’s Choice Restaurants. If you happen to be a grandparent, you could take your grandchild to the hands-on Science Museum nearby.
Culture and ArtsPack Square is within walking distance and hosts many festivals, including Shindig on the Green, Folkmoot International Dance and Musical Fest, Leaf Downtown, Asheville Arts Fringe, and Blue Ridge Pride Festival. The Asheville Pinball Museum and Basilica of Saint Lawrence are located just a few blocks away. Or, if you want to experience Asheville’s uniqueness, take a class with Skinny Beats Drum Shop downtown and join in on the Asheville Drum Circle early every Friday evening from April to October.
Info at a Glance
600-1400+
Square Feet
21
Total Units
$400-900k
List Price
Building Amenities
The Kress Building features:
Neoclassical architecture
Private residential lobby
Rooftop terrace with elevator access
Garage parking available at several nearby garages
Well-equipped fitness room
On-site basement storage units
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Get Started Today!Standard Appointments in Units
Below are some of the standard appointments, with some units being substantially upgraded at the time of construction or after.
Refurbished wood floors
High ceilings
Well-designed architectural touches
Parking for unit owners at the Kress is available across the street at the Rankin Parking Deck and Civic Center. The building’s main elevator was completely rebuilt in 2020. The roof of the Kress Building was replaced in 2020. Recently, HOA management has advised of the need to refurbish the exterior walls & terra cotta, though the timing of the work has not yet been determined and there has not been a formal assessment to pay for the work.
The Kress Building is on the National Registry of Historic Places with owners may qualify for a historic tax exemption up to a 50% exclusion.
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Download Condo GuidePoints of Interest
Downtown Asheville boasts a long list of renowned eateries and bars, with several very close to the Kress Building condos.
Strada Italiano
Mela Indian Restaurant
Brasilia Churrasco Steakhouse
Wall Street
As the name suggests, this isn’t any single building but an entire street. With its distinct European aesthetic, Wall Street provides residents and tourists alike with an exciting taste of Asheville’s unique art and culture. It features countless musicians, artists, craftsmen, and merchants in outdoor and indoor stores. Wall Street is also home to prominent eateries like The Market Place, Early Girl Eatery, and the historic, wedge-shaped Flat Iron Building.
Benjamin Walls Gallery
Hunter and Coggins Clothing Company
In the Press
Great insights about the building, development, and history.
On May 19, 2014, an article was written in the Asheville-Citizen Times by Carol Motsinger, covering the colorful story-laden mural created by Barbara Read that she placed in the residential lobby of the Kress Building.Because the Kress Building itself is a historic landmark whose developer, Samuel Kress, wanted his buildings to be a tribute to art, it seemed only fitting that the mural created would convey this message. This wall painting is also a story of two friends and their mutual love of beauty and art. One was the artist herself, and one was her close friend, Sally Cochran, who was an avid lover of the arts and resided in one of the condominiums in the Kress Building. It was agreed by both friends and all the other residents that lived in the building that, “We wanted something (in the residential lobby),” as Ms. Cochran emphasized, “to represent Asheville and all its beauty.”
The mural includes not only the peaks of surrounding mountains but also includes the purple LaZoom tour bus, a rendering of the stone griffin from the nearby historic Grove Arcade, and some musicians serenading you on the guitar.
This mural seems to sum up the Asheville experience and has an appropriate place in the Kress Building.
Other Condos Near The Kress Building
Still Have Questions about this Property?
dylanjlennon@gmail.com828-412-0678
Broker Associate
Keller Williams Professionals