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114 N Lexington Avenue
Asheville NC 28801 US

$3,000,000

Active Listing ID 4118249
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Lot: 0.06 Acres
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Retail

$3,000,000

Active Listing ID 4118249
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114 N Lexington Avenue 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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Property Features

  • Facts
  • Lot Size: 0.06 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Retail
  • Features
  • Floor Covering: Concrete, Slate, Wood
  • Roof Type: Flat
  • Heating Fuels: Zoned

Property

  • propertytype: Commercial Sale
  • propertysubtype: Retail
  • listprice: 3000000
  • unparsedaddress: 114 N Lexington Avenue
  • postalcity: Asheville
  • stateorprovince: NC
  • country: US
  • postalcode: 28801
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.06
  • lotsizeunits: Acres
  • lotsizearea: 0.06
  • livingarea: 7042
  • livingareaunits: Square Feet
  • latitude: 35.5987147
  • longitude: -82.55385343
  • listagentfullname: Abigail Strudel Griffin
  • listagentemail: abigail@carla-co.com
  • listagentkey: 3yd-CMLSNC-65148
  • listagentmlsid: 65148
  • listagentpreferredphone: 8283332380
  • listagentofficephone: 8282223685
  • listofficekey: 3yd-CMLSNC-R01098
  • listofficemlsid: R01098
  • disclaimer: Copyright © 2024 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CMLSNC
  • yearbuilt: 1926
  • listingcontractdate: 2024-04-09
  • countyorparish: Buncombe
  • parcelnumber: 964931779500000
  • constructionmaterials: Brick
  • flooring: Concrete, Slate, Wood
  • heating: Zoned
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: On Street, Parking Lot
  • roof: Flat
  • view: City, Mountain
  • waterfrontyn: False
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.553853, 35.598715
  • customfields: {"AlternatePrices":[], "Expenses":[], "Neighborhoods":[], "Taxes":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://listings.listhub.net/pages/CMLSNC/4118249/?channel=rexren", "LeadRoutingEmail":"abigail@carla-co.com", "BrokerName":"Caeruleum LLC", "ListingTitle":"Retail - Asheville, NC", "ListOfficeBrokerMlsId":"548508217", "ListOfficeEmail":null, "ListOfficeAddress1":"1020 Merrimon Ave. Suite 103", "ListOfficeAddress2":null, "ListOfficeCity":"Asheville", "ListOfficePostalCode":"28804", "ListOfficeStateOrProvince":"NC", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"Caeruleum LLC", "ListBrokeragePhone":"8285750272", "ListBrokerageEmail":null, "ListBrokerageWebsiteUrl":null, "ListBrokerageLogoUrl":null, "ListBrokerageUnparsedAddress":"22 Beaverbrook Road", "ListBrokerageUnitNumber":null, "ListBrokerageCity":"Asheville", "ListBrokerageStateOrProvince":"NC", "ListBrokeragePostalCode":null, "ListBrokerageCountry":"US", "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-04-09T12:10:03Z"}
Listing Changed: 4/9/2024 4:19:27 PM GMT
Source Updated Date: 5/4/2024 6:40:30 AM GMT

Courtesy of: Abigail Strudel Griffin, Carla & Company Real Estate Services, abigail@carla-co.com

Copyright © 2024 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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