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$2,900,000
265 Days On Site

114 N Lexington Avenue
Asheville, NC 28801

For Sale|Retail|Active
0
Beds
5
Full Baths
0
Partial Baths
7,042
SqFt
$412
/SqFt
1926
Built
County:
Buncombe

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114 N Lexington Avenue114 N Lexington Avenue114 N Lexington Avenue114 N Lexington Avenue
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This historic & well-maintained building offers unparalleled exposure amidst the vibrant cityscape of Downtown Asheville. Well-positioned at the signalized intersection off I-240, this property offers interstate frontage from 2 major city streets. 7,042 SF with 3 floors of usable space, providing immediate potential for value-add income through multi-tenant occupancy. Lower level includes a retail area and a commercial kitchen with platform passenger lift and dumbwaiter accessing upper floors. Second level includes a restaurant with plenty of seating and entrances from two major streets. Upper level has a bar area with stunning views of both the mountains and the cityscape. There is dual stairwell access & possibility of division into two separate spaces. Strategically located on a destination street flanked by a diverse array of over 200 small businesses. Recent upgrades include a new roof in 2021 and new windows in 2023. Restaurant FF&E not included in sale but is negotiable.

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Listing Snapshot
Price 
$2,900,000
Days On Site 
265 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,042 sqft
Total Baths 
5
Full Baths 
5
Partial Baths 
N/A
Lot Size 
0.06 Acres
Year Built 
1926
MLS® Number 
4118249
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 months agoPrice changed to $2,900,000
6 months agoListing updated with changes from the MLS®
9 months agoListing first seen on site
General Features
Additional Property Use 
Commercial
Cross Street 
Broadway
Foundation 
Slab
Parking 
On StreetParking Lot
Property Sub Type 
Retail
Sewer 
Public Sewer
SqFt Total 
7042
Utilities 
Natural Gas AvailableElectricity Connected
Zoning 
CBD
Interior Features
Cooling 
Central AirZoned
Flooring 
ConcreteSlateWood
Heating 
CentralZoned
Interior 
Elevator
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Exterior Features
Construction Details 
Brick
Lot Features 
PavedViews
Road Frontage 
City StreetInterstate
Roof 
Flat
View 
CityMountain(s)
Waterview 
CityMountain(s)
Community Features
Accessibility Features 
Accessible Full BathAccessible Elevator Installed
Financing Terms Available 
CashConventional
Roads 
Paved
Listing courtesy of Carla & Company Real Estate Services abigail@carla-co.com


Listings courtesy of Canopy MLS as distributed by MLS GRID

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Data last update - 2024-10-30 12:00 AM UTC

Neighborhood & Commute
Source: Walkscore
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