Active
114 N Lexington Avenue
Asheville NC, 28801
$2,900,000
$411.81 per sqft
Active
5 Baths
7,042 sqft
Commercial
Built in 1926
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.
4118249
MLSⓇ ID
April 9, 2024
Listed
September 17, 2024
Updated
Map
114 N Lexington Avenue
Asheville NC, 28801
Interior Features
Total Stories
3
Total Bathrooms
5
Floor Description
Concrete, Slate, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Zoned
Heating
Yes
Heating Description
Central, Zoned
Exterior/Building Features
Lot Size
0.06 Acres
Lot Features
Paved, Views, Other - See Remarks
Roof
Flat
Sewer
Public Sewer
Other Property Details
Days on Market
156
Garage
No
Parking
On Street, Parking Lot, Parking Space(s), Parking Space(s) (Off Site)
View
Yes
View Description
City, Mountain(s), Winter, Year Round
County
Buncombe
Water Source
City
Pool
No
Zoning
CBD
Listing History
Date | Event | Price |
|---|---|---|
7/2/2024 | Price change | $2,900,000 -4% |
Courtesy of Carla & Company Real Estate Services with Abigail Farrow,
Listing Contact: [email protected]
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