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$2,750,000
20 Days On Site

114 N Lexington Avenue
Asheville, NC 28801

For Sale|Retail|Active
0
Beds
0
Full Baths
0
Partial Baths
7,042
SqFt
$391
/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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The historic & well-maintained Meadows Building is listed on the National Register of Historic Places. This property offers unparalleled exposure amidst the vibrant cityscape of Downtown Asheville. Well-positioned at the signalized intersection off I-240, this property offers interstate visibility and road frontage from 2 major city streets with high VPD. 7,042 SF with 3 floors of usable space. Layout is conducive to redevelopment or alternate uses, providing value-add income potential. Lower level includes a retail area and commercial kitchen infrastructure with dumbwaiter accessing all floors. Platform passenger lift services upper two levels. Wood flooring, high ceilings, natural light, and both east and west facing views of mountains and the cityscape. Building went through a full scale renovation in 2008. Recent upgrades include a new roof in 2021 and new windows in 2023. Paid parking (82 spots) directly across the street with additional street metered parking.

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Listing Snapshot
Price 
$2,750,000
Days On Site 
20 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,042 sqft
Total Baths 
5
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.06 Acres
Year Built 
1926
MLS® Number 
4249365
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoStatus changed to Active
2 weeks agoListing updated with changes from the MLS®
3 weeks 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 Likewise Commercial Real Estate abigail@likewisecommercial.com


Listings courtesy of Canopy MLS as distributed by MLS GRID

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Last checked - 2025-05-15 05:43 AM UTC

Neighborhood & Commute
Source: Walkscore
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