$3,000,000
Active
81 Days Online
0 Beds0 Baths0 SQFT
Active

114 N Lexington Avenue Asheville, NC 28801

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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.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyBuncombe
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site81 Days
  • MLS StatusActive
  • MLS ID Number4118249
  • Home Size Source N/A
  • Year Built1926
  • Lot Size0.06 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Building Features Elevator
  • Parking On StreetParking LotParking Space(s)Parking Space(s) ( Off Site)
  • Sewer Public Sewer
  • Number of Stories 3
  • Cross Street Broadway
  • Property Sub Type Retail
  • Utilities Electricity Connected
  • Foundation Slab
  • Number Of Stories 3
  • Water City
  • Lot Features PavedViewsOther - See Remarks

Interior Features

  • Cooling Central AirZoned
  • Heating CentralZoned
  • Flooring ConcreteSlateWood

Exterior Features

  • Roof Flat
  • View CityMountain(s)WinterYear Round
  • Lot PavedViewsOther - See Remarks
  • Road Frontage City StreetInterstate
  • Construction Details Brick Full

Community Features

  • Senior Community No
  • Building Features Elevator

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Monthly Payment (Est.)

$15,742
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