Homes for sale - 114 N Lexington AVE, Asheville, NC 28801

REQUEST A TOUR

In-PersonVirtual Tour

Mary Burr Newsome & Marlo Taylor

info@bntrealty.com +1(980) 288-4816

$ 2,900,000

Est. payment | -/mo

5 Baths

2,613 Sqft Lot

Save Virtual Tour

$ 2,900,000

Est. payment | -/mo

Save Virtual Tour

5 Baths

2,613 Sqft Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4118249

Year Built 1926

Lot Size 2,613 Sqft

Acres 0.06

Property Description

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.

Location

State NC

County Buncombe

Zoning CBD

Interior

Heating Central, Zoned

Cooling Central Air, Zoned

Flooring Concrete, Slate, Wood

Inclusions Building, Land

Exterior

Utilities Available Electricity Connected, Gas

View City, Mountain(s), Winter, Year Round

Roof Type Flat

Building

Lot Description Paved, Views, Other - See Remarks

Dwelling Type Site Built

Foundation Slab

Sewer Public Sewer

Water City

Structure Type Brick Full

New Construction false

Others

Senior Community false

Restrictions Building,Signage,Use,Other - See Remarks

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Listed by Abigail Farrow • Carla & Company Real Estate Services • abigail@carla-co.com

GET MORE INFORMATION

Mary Burr Newsome & Marlo Taylor

REALTORS®

info@bntrealty.com

+1(980) 288-4816

10130 Perimeter Parkway Ste 200, Charlotte, NC, 28216

114 N Lexington AVE Asheville, NC 28801

Mary Burr Newsome & Marlo Taylor

Key Details

Location

Interior

Exterior

Building

Others

GET MORE INFORMATION

Go tour this home

114 N Lexington AVE