
Asheville, NC114 N Lexington Avenue
Price$2,900,000
MLS Number CAR4118249
- Commercial
- Property SubType RETAIL
- Square Feet 7,042
- Acreage 0.06
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.
Listed by Abigail Farrow of Likewise Commercial Real Estate
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Price | Down Payment | Interest Rate | Years |
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Est. Mortgage: $/month
Federal 30-year interest rate: 6.67% last updated on 2025-03-20
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.