Skip To Content

114 N Lexington Avenue

Asheville, NC 28801
  • $2,900,000
  • STATUS: Active
  • ON SITE: 152 Days
  • ID#: 4118249
UPDATED: 73 min ago
$2,900,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1926
County:
Area:

School Ratings & Info

Canopy MLS logo Offered by Carla & Company Real Estate Services: 828-222-3685. Copyright 2024 Canopy MLS. All rights reserved.

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.

Monthly Payment Calculator



MLS Grid logo Based on information submitted to the MLS GRID as of 2024-09-17T17:34:21.187 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither MOVE Asheville Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2024 Canopy MLS.

Some IDX listings have been excluded from this website.

Digital Millennium Copyright Act
www.searchashevillerealestate.com/homes/149192835
Print Image

114 N Lexington Avenue Asheville, NC 28801

  • Price: $2,900,000
  • Status: Active
  • On Site: 152 Days
  • Updated: 73 min ago
  • ID#: 4118249
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1926
Built
County:
Buncombe
Area:
Asheville
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.
Exterior Features

Carport YN No Construction Materials Brick Full Construction Type Site Built Foundation Details Slab Lot Features PavedViewsOther - See Remarks Other Parking Paid parking lot with 82 spots across the street from N. Lexington Ave. entrance. Metered street parking available. Parking Features On StreetParking LotParking Space(s)Parking Space(s) (Off Site) Road Frontage Type City StreetInterstate 1 mile or LessInterstateOther - See Remarks Road Responsibility Publicly Maintained Road Road Surface Type Paved Roof Flat

Interior Features

Basement YN No Building Area Total 7042 Cooling Central AirZoned Flooring ConcreteSlateWood Heating CentralZoned

Property Features

Accessibility Features Two or More Access ExitsBath 60 Inch Turning RadiusBath Grab BarsElevatorMobility Friendly Flooring Auction YN No Building Features Elevator CCRSubject To Undiscovered City Taxes Paid To Asheville Commercial Location Description Central Business District Elevation 2000 Flood Plain No Hoa Subject To None Inclusions BuildingLand Inside City YN Yes Lease Considered YN No Listing Terms CashConventional New Construction YN No Possible Use Commercial Property Sub Type Retail Restrictions BuildingSignageUseOther - See Remarks Restrictions Description CBD District. Party Wall Agreement - See attachments. Senior Community YN No Sewer Public Sewer Special Listing Conditions None Sprinkler None Utilities Electricity ConnectedGas View CityMountain(s)WinterYear Round Water Source City Zoning CBD



MLS Grid logo Based on information submitted to the MLS GRID as of 2024-09-17T17:34:21.187 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither MOVE Asheville Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2024 Canopy MLS.

Some IDX listings have been excluded from this website.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/cmls/1280_boomver_1_4118249-1.jpg https://bt-photos.global.ssl.fastly.net/cmls/1280_boomver_1_4118249-1.jpg https://bt-photos.global.ssl.fastly.net/cmls/1280_boomver_1_4118249-1.jpg
Logo
MOVE Asheville Realty
PO Box 2118
Asheville NC, 28802
Canopy MLS logo Offered by Carla & Company Real Estate Services: 828-222-3685. Copyright 2024 Canopy MLS. All rights reserved.