Old Penneys Building Condos
The Old Penney’s Building Condo, also known as the Smith-Carrier Building, was originally built in 1926 and converted to condominiums in 2002 with retail space on the ground floor. The six floors include condos ranging from 720 square feet to 3900 square feet and offer various floor plans as well as a spectacular rooftop deck and nearby parking in Downtown Asheville.
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Get Started Today!Old Penney’s Building Condos Guide
This building was erected in 1926 and opened initially as the Denton Department Store in 1927. It transitioned to the JC Penney’s Store in the mid-thirties, according to records. Because of its location, history, retention of some of its grand old architectural details, and magnificent conversion to condominiums, it usually doesn’t have any condominiums for sale as they are bought or rented quickly. However, periodically they do come on the market. They are mostly moderately sized homes with a high resale value.
Building ExclusivityThese homes have high ceilings, some original architectural features giving them sought-after character, fabulous hardwood floors, and large windows. Many condominiums have fireplaces, built-in custom shelving, and master-bedroom walk-in closets. There is a disabled-access entrance and a historic tax credit which is an added benefit.
Luxury AmenitiesThere is a spectacular community rooftop terrace to take in the colorful Western North Carolina sunrise or sunset peeking over the mountains as a backdrop against downtown’s twinkling lights Asheville. The retail space is currently rented to The Local Barber & Tap, which was opened in 2015 and is the only walk-in men’s barbershop in Asheville. According to its reviews on Facebook, it has a classic design and is the perfect blend between getting a good haircut and shave and a beer. So the male residents of these condominiums don’t have to go far for a trim and a pint.
Pet Friendly LivingThese homes are pet-friendly with an additional monthly fee. Pet stores and parks to walk your beloved animal are close-by.
Short-Term RentalsSome allocated apartments are available for rent which may include a single parking pass, relatively low utilities, and the ability to step outside the front door entrance into the center of Asheville’s township.
WalkabilityThese residences in Downtown Asheville are very walkable, bike-friendly, and have excellent access to the Public transit system.
Parking/TransportationA catwalk is available from these condominiums to Rankin Parking Garage, which offers monthly rent spaces. The ART (Asheville Rides Transit) station is located at 49 Coxe Ave., which is less than a 7-minute walk from W. Walnut Street, where The Old Penney’s Building Condominiums sit.
Culture and ArtsSince this historic building is located in a prestigious, well-sought-after location in Asheville’s center, there is access to all of this small city’s celebrated culture and arts scene, which brings people from places from all around the world to experience.
Info at a Glance
720-3900
Square Feet
20
Total Units
$500K+
List Price
Building Amenities
The historic midrise building features:
Central location
Secure coded entrance on the ground level
Rooftop deck with 360-degree views
Care-free maintenance
Updated wired elevator
Storage unit
Pet friendly
Schedule a Personal Tour of This Building and Available Properties Today!
Get Started Today!Standard Appointments in Units
Some units in the building have been substantially upgraded.
Wood floors throughout
Large double-hung windows
Penthouse Units
High ceilings
HOA fees are approximately 201.00 a month
Vintage architectural touches
Amazing Downtown Views
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Download Condo GuidePoints of Interest
Get local insights about dining, arts, and music convenient to Old Penney’s Building Condos.
Early Girl Eatery
Pie.Zaa
Mela Indian Restaurant
Woolworth Walk
Wall Street
This item on the list is a street, not a specific building conveniently located near Arras.Wall Street is an European feeling, eclectic street with dozens of indoor and outdoor shops featuring a variety of local merchants, makers, artists, and musicians. Wall Street is home to Early Girl Eatery, The Market Place, the iconic Flat Iron Building, and street art around every turn.
Blue Spiral
Blue Spiral is a sprawling 15,000 square foot gallery space in Asheville featuring some of the area’s most established exceptional makers as well as emerging talent. The gallery includes three floors of space devoted to prominently displaying a variety of works, spanning a broad range of mediums and styles, including photography, sculptures, and paintings.
38 Biltmore Ave, Asheville, NC 28801-3625.https://bluespiral1.com/
In the Press
Great insights about the building, development, and history.
According to North Carolina’s Architects and Builders Dictionary, Smith and Carrier (another reported name of Old Penney’s Building) were an Asheville Architectural Company first established in 1906. Their designs shaped much of the Mountain city of Asheville during the 20th century. They labored on over 700 buildings locally. Since the Old Penney Building’s other name was dubbed the Smith-Carrier Building, it is presumed that this firm took part in its original design as it was designed in 1926 and completed in 1927.
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Still Have Questions about this Property?
dylanjlennon@gmail.com828-412-0678
Broker Associate
Keller Williams Professionals