114 Lexington Avenue

Asheville NC 28801

$2,900,000

Acres

Active - For Sale

MLS ID 4118249
156 Days on Market

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

Foundation Type

Slab

Lot Size

0.06 Acres

Exterior Construction

Brick Full

Roof Material

Flat

This Listing is provided by Carla & Company Real Estate Services. List Agent Email abigail@carla-co.com