Old Pennys Bldg. Condominiums Real Estate

Welcome to Old Pennys Bldg. Condominiums, a hidden gem nestled in the heart of Asheville, North Carolina. This charming subdivision offers a unique blend of historic character and modern convenience, making it an ideal choice for those seeking a vibrant lifestyle in one of the South's most picturesque cities.

Originally a bustling penny candy factory, the Old Pennys Bldg. has been thoughtfully transformed into a collection of stylish condominiums that capture the essence of Asheville's rich history. With exposed brick walls, high ceilings, and large windows that flood the space with natural light, each unit boasts a distinctive charm that reflects the building's storied past. Residents enjoy contemporary amenities, including updated kitchens, spacious living areas, and private balconies that provide stunning views of the surrounding Blue Ridge Mountains.

Located in Buncombe County, the Old Pennys Bldg. Condominiums are just a stone's throw away from Asheville’s vibrant downtown scene, where you can indulge in an array of local restaurants, art galleries, and boutique shops. The nearby River Arts District is a hub of creativity, featuring working artists’ studios and galleries that showcase the region's artistic spirit.

Nature enthusiasts will appreciate the close proximity to the breathtaking Pisgah National Forest and the Blue Ridge Parkway, offering endless opportunities for hiking, biking, and exploring the great outdoors.

Whether you're looking for a cozy retreat or an investment opportunity, Old Pennys Bldg. Condominiums provide a perfect blend of urban living and natural beauty in Asheville. Discover your new home today and experience the charm and excitement this vibrant community has to offer!

Newest Listings in Old Pennys Bldg. Condominiums

$675,000

2 Beds ⋅ 2 Baths ⋅ 4349488 MLS

BRIGHT SOUTH-FACING DOWNTOWN ASHEVILLE CONDO! LISTED $100,000 UNDER NEW INDEPENDENT APPRAISAL! Enjoy vibrant city living in this beautifully appointed 2-bedroom, 2-bathroom condo in the heart of downtown Asheville. Located in the historic Old Penney's Building, this south-facing unit features soaring ceilings, gorgeous old wood floors, and abundant natural light throughout. Step outside to your own private balcony or head up to the shared rooftop terrace for panoramic city and mountain views. With a prime location just steps from Asheville's top restaurants, coffee, shops and galleries, this condo offers the perfect blend of charm, comfort, and convenience! Priced to sell according to recent independent Appraisal. This condo just got brand new gleaminig granite countertops!! Property gets a Historic Tax reduction of 50% off the property assessment real estate tax! Price includes a year of paid parking in Asheville City garage.

84 W Walnut Street Unit #405, Asheville

$575,000

2 Beds ⋅ 2 Baths ⋅ 4313589 MLS

Enjoy downtown living in this inviting 2-bedroom condo located right in the heart of the city. The open living area features a cozy gas fireplace and passthrough kitchen counter—perfect for relaxing or entertaining. Both bedrooms are comfortably sized, each with its own en suite bath and generous closet space. Step outside and you’ll find yourself only steps from downtown shops, restaurants, and local attractions. Beautiful rooftop patios with expansive downtown and mountain views add to the beauty of this historic building. And speaking of historic, owners enjoy a 50% historic property tax credit annually! Considering downsizing? Old Penneys is a rare downtown building with ample storage space available to residents.

84 W Walnut Street Unit #303, Asheville

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .