114 N Lexington Avenue Asheville, NC 28801
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